VP, Quant Model Risk & Governance Lead

Testing Site - JPMC; Jersey City (NJ); On-site; USD 180,000 - 240,000; Full time

Job summary

JPMorganChase in New Jersey seeks a Quant Model Risk Vice President to lead assessments of risk in Treasury models used for resolution, liquidity, stress testing and budgeting. The role emphasizes collaboration with developers and users to drive governance and robust risk controls.

You will evaluate model performance, guide on usage, and develop benchmarks while communicating complex technical issues to diverse stakeholders with clear reporting.

Qualifications

• Education: Bachelor’s, Master’s or PhD in a quantitative field (e.g., Mathematics, Statistics, Computer Science, Engineering, Physics).
• Experience: 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 escalate issues 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

Analytical problem-solving

Written/verbal communication

Fast-paced, results-driven

Ownership mindset

Teamwork oriented

Education

Bachelor’s/Master’s/PhD in quantitative field

Tools

Python

R

MATLAB

C/C++

Job description

JPMorganChase in New Jersey seeks a Quant Model Risk Vice President to lead assessments of risk in Treasury models used for resolution, liquidity, stress testing and budgeting. The role emphasizes collaboration with developers and users to drive governance and robust risk controls.

You will evaluate model performance, guide on usage, and develop benchmarks while communicating complex technical issues to diverse stakeholders with clear reporting.