Risk Management Compliance Anti-Money Launderin...
@ JPMorganChase

Jersey City, NJ
$150,000
On Site
Full Time
Posted 24 hours ago

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XXXXXXXXXX XXXXXXXXX XXXXXXXXX******* @jpmorganchase.com
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Job Details

About the Role

Bring your expertise to JPMorganChase as a Model Risk Program Associate within the Risk Management Compliance team. You will evaluate the risks associated with models used for sanctions screening, trade surveillance, transaction monitoring, and other compliance models. This role involves independent testing, development of benchmarking tools, and performance monitoring.

Job Responsibilities

  • Perform detailed model reviews and assess conceptual soundness.
  • Develop and implement alternative model benchmarks.
  • Design model performance metrics and monitor outcomes.
  • Collaborate with model developers, users, and compliance teams.
  • Regularly evaluate model performance and escalate issues as needed.

Required Qualifications & Skills

  • 1+ years in quantitative modeling roles, e.g., Data Science, Quantitative Model Development.
  • Master’s or PhD in a quantitative field such as Mathematics, Physics, Engineering, Computer Science, Economics or Finance.
  • Strong communication skills and technical report writing.
  • Deep understanding of regression analysis and standard statistical techniques.
  • Hands-on experience with Machine Learning models and frameworks (TensorFlow, NumPy, Pandas, etc.).
  • Ability to implement benchmarking models using Python, R, or similar.
  • Risk- and control-oriented mindset.

Preferred Qualifications

  • Experience with models for sanctions screening, trade surveillance, or transaction monitoring.
  • Experience in database interfacing and data preprocessing (SQL, kdb+, q).

About JPMorganChase

JPMorganChase is one of the world's oldest and most reputable financial institutions, providing innovative financial solutions across a range of sectors including investment banking, consumer banking, and asset management. The company values diversity, inclusion, and the unique talents of its workforce.

Key Skills/Competency

  • Risk Management
  • Compliance
  • Anti-Money Laundering
  • KYC
  • Model Risk
  • Quantitative Analysis
  • Machine Learning
  • Python
  • Benchmarking
  • Data Science
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How to Get Hired at JPMorganChase

🎯 Tips for Getting Hired

  • Research JPMorganChase culture: Understand their values and recent news.
  • Customize your resume: Highlight quantitative and compliance experience.
  • Showcase technical skills: Emphasize Python and ML expertise.
  • Prepare for behavioral interviews: Demonstrate risk-oriented mindset.

📝 Interview Preparation Advice

Technical Preparation

Review Python and R coding basics.
Study statistical regression and ML models.
Practice implementing benchmarking algorithms.
Refresh data processing tools like Pandas.

Behavioral Questions

Describe a challenging model risk situation.
Explain how you handle tight deadlines.
Discuss adapting to evolving compliance needs.
Share an experience with cross-functional teamwork.

Frequently Asked Questions