Model Risk Analyst/Associate

About the Role: Model Risk Analyst/Associate

Join JPMorganChase's Model Risk Governance and Review Group (MRGR) and make a significant impact in model risk management at a global scale. Collaborate with experts across Risk, Finance, and Model Development to evaluate and mitigate model risk across major financial hubs.

Job Responsibilities

• Assess complex pricing and electronic market making models.
• Develop alternative model benchmarks and performance tests.
• Collaborate with model developers, trading desks, and risk professionals.
• Maintain robust model risk controls as first point of contact.

Required Qualifications & Skills

Applicants should hold a Bachelor’s, Master’s or PhD in a quantitative field. Experience varies from 3-5 years with a Bachelor’s, 2-4 years with a Master’s or 0-2 years with a PhD. Core competencies include probability theory, stochastic processes, numerical analysis, option pricing theory, Monte Carlo simulation, and proficiency in Python, SQL and C/C++.

Preferred Qualifications

Prior model validation or front‑office quant experience in pricing, risk, or electronic market making models is an advantage.

About JPMorganChase

JPMorganChase is one of the oldest financial institutions, offering innovative financial solutions to a diverse set of clients globally, and prides itself on diversity, inclusion, and equal opportunity.

About the Team

The Corporate Functions team covers finance, risk, human resources and more, ensuring a forward-thinking, controlled environment in risk management and beyond.

Key skills/competency

• Model risk
• Quantitative analysis
• Derivative pricing
• Risk management
• Python
• SQL
• C/C++
• Monte Carlo simulation
• Numerical analysis
• Collaboration