Job Description
Are you ready to make a significant impact in model risk management? At the Model Risk and Governance Group (MRGR), we ensure models are used effectively and responsibly. Join us to drive process enhancements and governance activities across lines of business, contributing to our mission of operational excellence.
As a Model Risk Management - Policy Practice and Governance - Associate in the Model Risk and Governance Group team, you will play a crucial role in cross-Line of Business governance activities and process enhancements. You will collaborate with Risk, Finance, and LOB professionals to maintain and improve our model risk management processes. Your work will directly contribute to the consistency and effectiveness of our governance practices.
Job responsibilities
- Manage multiple governance projects and tasks simultaneously, adapting as needed.
- Communicate and manage project expectations with stakeholders clearly and concisely.
- Participate actively and creatively in process re-engineering initiatives for operational excellence.
- Update MRGR governing policy and procedure documents as required.
- Respond to audit and regulatory exam requests.
Required qualifications, capabilities, and skills
- Experience in model risk or model development in a highly regulated environment.
- Knowledge of financial modeling or financial products.
- Proven ability to influence decisions in a multi-stakeholder context.
- Excellent analytical and problem-solving skills.
- Strong organizational and project management skills.
- Degree in Economics, Finance, Sciences, Engineering, or Computer Science.
Preferred qualifications, capabilities, and skills
- Open to candidates with a quantitative background and professionals from audit, business management, consulting, risk, and governance.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
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.
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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Employees engage in a combination of remote and on-site work.