Quant Model Risk Associate
2 weeks ago
Quant Model Risk Associate - FX and Emerging Markets Join to apply for the Quant Model Risk Associate - FX and Emerging Markets role at JPMorganChase We are looking for a new member to join our FX and Emerging Markets team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. We adopt a comprehensive model risk management approach, assessing models within their usage context and based on relevant success criteria. Our role involves identifying limitations, communicating them effectively, and assisting model users in the design compensating controls. This approach requires strong technical skills and business understanding, offering an excellent opportunity for skill development, setting us apart from typical validation teams. Job Responsibilities Carry out model reviews: analyze conceptual soundness of complex pricing models, engines, and reserve methodologies; assess model behavior and suitability of pricing models/engines to particular products/structures Provide guidance on model usage and act as 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, Risk and Valuation Control Groups and provide guidance on model risk Evaluate model performance on a regular basis Required Qualifications, Capabilities, and Skills Excellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis MSc, PhD or equivalent in a quantitative discipline Inquisitive nature, ability to ask right questions and elevate issues Excellent communication skills (written and verbal) Good understanding of option pricing theory (i.e. quantitative models for pricing and hedging derivatives) Good coding skills, for example in C/C++ or Python Preferred Qualifications, Capabilities, and Skills Experience with FX derivatives Experience in a FO or model risk quantitative role. 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. #J-18808-Ljbffr
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Greater London, United Kingdom JPMorgan Chase Full timeA global financial services leader in London is seeking a Quant Model Risk Associate to review market risk models, ensuring their robustness and correctness. This role involves assessing model performance and collaborating with finance and risk teams to mitigate model risk. Required qualifications include an advanced degree in mathematics or a related field,...
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Greater London, United Kingdom JPMorganChase Full timeA global financial leader is seeking a Quant Model Risk Associate in Greater London to review market risk models and ensure their appropriate usage. The role requires an advanced degree in a relevant field and strong analytical skills, particularly in financial mathematics and programming. Collaborate with model developers to document findings and enhance...
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Greater London, United Kingdom JPMorganChase Full timeA leading global financial institution is seeking a Quant Model Risk Associate to join their Commodities team. This role involves assessing and mitigating risks associated with complex models used in valuation and capital calculation. Candidates should have strong quantitative skills, including a Master's or PhD in a relevant field, and proficiency in...
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Quant Model Risk Associate Commodities
4 days ago
Greater London, United Kingdom JPMorganChase Full timeDescription We are looking for a new member to join our Commodities team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. We adopt a comprehensive model risk management approach assessing models within their usage context and based on relevant success criteria. Our role involves...
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Quant Model Risk Associate
1 week ago
London, Greater London, United Kingdom JPMorganChase Full time £80,000 - £120,000 per yearDescriptionWe are looking for a new member to join our Commodities team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. We adopt a comprehensive model risk management approach, assessing models within their usage context and based on relevant success criteria. Our role involves...
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Quant Model Risk Associate
2 weeks ago
London, Greater London, United Kingdom JPMorganChase Full time £60,000 - £90,000 per yearDescriptionDo you want to join the team which makes a difference in a bank? Financial institutions routinely use models for a broad range of activities including credit underwriting, valuing financial instruments, measuring and managing risk, assessing the adequacy of reserves and capital resources, and many other applications. Model Risk arises from the...
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Quant Model Risk Associate
2 weeks ago
London, Greater London, United Kingdom JPMorgan Chase Full time £60,000 - £80,000 per yearDo you want to join the team which makes a difference in a bank? Financial institutions routinely use models for a broad range of activities including credit underwriting, valuing financial instruments, measuring and managing risk, assessing the adequacy of reserves and capital resources, and many other applications. Model Risk arises from the potential...
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Quant Model Risk Associate
1 week ago
London, Greater London, United Kingdom JPMorganChase Full time £100,000 - £120,000 per yearDescriptionWe are looking for a new member to join our FX and Emerging Markets team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm. We adopt a comprehensive model risk management approach, assessing models within their usage context and based on relevant success criteria. Our role...
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Quant Model Risk Associate
1 week ago
Greater London, United Kingdom JPMorgan Chase Full timeDo you want to join the team which makes a difference in a bank? Financial institutions routinely use models for a broad range of activities including credit underwriting, valuing financial instruments, measuring and managing risk, assessing the adequacy of reserves and capital resources, and many other applications. Model Risk arises from the potential...
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Model Risk Quant
1 week ago
London, Greater London, United Kingdom JPMorganChase Full time £100,000 - £120,000 per yearDescriptionModel Risk Governance and Review (MRGR) is a global team of modelling experts within the firm's Risk Management and Compliance organization. The team is responsible for conducting independent model reviews and governance activities to identify, measure, and mitigate model risk across the firm. Within MRGR, the MRGR Credit Portfolio Group (CPG)...
