Senior Quant Model Risk Lead & VP (Governance)

J.P. Morgan; New York (NY); On-site; USD 147,250 - 215,000; Full time

Benefits offered by this job

Comprehensive health care

Retirement savings plan

Tuition reimbursement

Job summary

A leading financial institution in New York, NY is seeking a Quant Modeling Lead - Vice President to oversee model risk governance and review. You will assess risks related to complex valuation models and lead a team while ensuring compliance and continuous improvement in model performance. Ideal candidates will have an advanced degree in a quantitative field and experience in model development. This role offers a competitive salary range of $147,250.00 to $215,000.00.

Qualifications

• Advanced knowledge of probability theory and statistics.
• Deep understanding of option pricing and quantitative models.
• Extensive experience in model development or review.

Responsibilities

• Perform reviews of pricing models and methodologies.
• Evaluate model behavior for suitability.
• Manage and develop junior team members.

Skills

Analytical skills

Problem-solving skills

Programming in C/C++ or Python

Communication skills

Education

Advanced degree in a quantitative discipline

Job description

A leading financial institution in New York, NY is seeking a Quant Modeling Lead - Vice President to oversee model risk governance and review. You will assess risks related to complex valuation models and lead a team while ensuring compliance and continuous improvement in model performance. Ideal candidates will have an advanced degree in a quantitative field and experience in model development. This role offers a competitive salary range of $147,250.00 to $215,000.00.