Risk Management - Model Risk Program Associate

Job Description

Bring your Expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

As a Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model validation and risk management. You collaborate with diverse teams to solve real-world challenges and support our company, customers, and communities. You play a key role in keeping JPMorgan Chase strong and resilient.

Job responsibilities:

• Validate models to ensure accuracy and reliability
• Assess and manage risks across business functions
• Collaborate with cross-functional teams to drive innovation
• Develop and implement model validation frameworks
• Communicate findings and recommendations to stakeholders
• Monitor emerging risks and regulatory changes
• Support business growth through responsible risk management
• Document validation processes and results
• Provide expert judgment on model performance
• Challenge the status quo to improve practices
• Contribute to a culture of excellence in risk management

Required qualifications, capabilities, and skills:

• Bachelor’s degree in a quantitative field
• 2 years of experience in model validation or risk management
• Strong analytical and problem-solving skills
• Proficiency in statistical analysis and modeling techniques
• Excellent communication and collaboration abilities
• Knowledge of regulatory requirements in financial services
• Attention to detail and commitment to quality
• Ability to work independently and as part of a team
• Experience with data analysis tools (e.g., Python, R)
• Understanding of risk management principles
• Professional judgment and integrity

Preferred qualifications, capabilities, and skills:

• Master’s degree or higher in a quantitative discipline
• Experience in financial services or banking
• Familiarity with machine learning models
• Advanced proficiency in programming languages
• Experience with model governance frameworks
• Knowledge of emerging risk trends
• Leadership or mentoring experience

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.