Senior Quant Modeling Lead — Risk Management

JPMorgan Chase & Co.; City of Rochester (NY); On-site; USD 140,000 - 210,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an experienced Model Risk professional to join Risk Management and Compliance in New York.

You will perform model reviews, guide model usage, and develop benchmarks to ensure robust risk assessment and governance across the firm. Ideal candidates bring 5+ years in quantitative modelling or validation, strong analytical communication, and experience with financial markets and regulatory requirements.

Qualifications

• Bachelor’s, Master’s or PhD in a quantitative field (e.g., Mathematics, Statistics, Computer Science, Engineering, Physics).
• 5+ years of experience in a quantitative modelling or model validation role.
• Strong analytical problem-solving skills and clear written/verbal communication, ability to articulate technical issues to diverse stakeholders and write high quality technical reports.
• Knowledge of financial products / markets and regulatory requirements.
• Risk- and control-oriented mindset: ability to ask incisive questions, assess the materiality of model issues, and escalation appropriately.
• Ability to work in a fast-paced, results-driven environment.
• Curious, ownership-driven, and teamwork-oriented mindset.

Responsibilities

• Perform model reviews: evaluate the conceptual soundness of a model, assess its behavior under various market conditions and its suitability in the context of usage.
• Guide on model usage and act as the first point of contact for the business on all new models and changes to existing models.
• Develop and implement alternative model benchmarks and compare the outcome of various models. Design model performance metrics.
• Liaise with model developers, users, and compliance groups, and provide guidance on model risk.
• Evaluate model performance on a regular basis.

Skills

Quantitative modelling

Model validation

Analytical problem-solving

Written/verbal communication

Regulatory knowledge

Education

Bachelor’s degree in a quantitative field

Master’s degree in a quantitative field

PhD in a quantitative field

Tools

Python

R

MATLAB

C/C++

Job description

JPMorgan Chase & Co. is seeking an experienced Model Risk professional to join Risk Management and Compliance in New York.

You will perform model reviews, guide model usage, and develop benchmarks to ensure robust risk assessment and governance across the firm. Ideal candidates bring 5+ years in quantitative modelling or validation, strong analytical communication, and experience with financial markets and regulatory requirements.