Senior Model Risk Analyst: Validate & Stress-Test Models

JPMorgan Chase & Co.; New York (NY); On-site; USD 160,000 - 215,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks a senior Model Risk Associate to validate risk models used for regulatory capital and market risk measurement.

You will evaluate model specifications, inputs, and testing across asset classes, communicating findings to developers and risk teams. The position requires a Master’s degree in a quantitative field with at least one year of related experience and strong Python data skills (pandas, NumPy, SciPy).

Qualifications

• Master's degree in a quantitative field plus 1 year of experience.
• Strong mathematical skills for valuation and market risk models.
• Experience with Python, pandas, NumPy, SciPy.
• Experience with VaR, regulatory capital calculations, CCAR/ICAAP.

Responsibilities

• Validate risk models used for regulatory capital and market risk management.
• Identify and manage model risk across equities, FX, credit, rates, commodities.
• Assess specification, assumptions, inputs, testing, and performance metrics.
• Design experiments to measure impact of model limits and estimation error.
• Document findings and communicate with model developers and risk management.

Skills

Model risk analysis

Data manipulation

Derivatives pricing

Stress testing

Education

Master's degree

Tools

Python

pandas

NumPy

SciPy

Job description

JPMorgan Chase & Co. in New York seeks a senior Model Risk Associate to validate risk models used for regulatory capital and market risk measurement.

You will evaluate model specifications, inputs, and testing across asset classes, communicating findings to developers and risk teams. The position requires a Master’s degree in a quantitative field with at least one year of related experience and strong Python data skills (pandas, NumPy, SciPy).