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Risk Management - Model Risk Governance and Review - Project Manager Associate
$104k-137k (estimate)
Full Time 2 Months Ago
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JPMC Candidate Experience page is Hiring a Risk Management - Model Risk Governance and Review - Project Manager Associate Near New York, NY

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 Risk Management - Model Risk Governance and Review – Project Manager Associate, you will be a part of a global team of modeling experts within the firm’s Risk Management and Compliance organization. The team is responsible for conducting independent model validation and model governance activities to help identify, measure, and mitigate Model Risk in the firm. The objective is to ensure that models are fit for purpose, used appropriately within the business context for which have been approved, and that model users are aware of the model limitations and how they could impact business decisions.

Within MRGR, the Chief Operating Office (COO) supports model risk stakeholders in their review and governance activities, and drives certain governance activities itself, with responsibility for: product ownership, process engineering and software development for model risk technology and analytics; model risk reporting; administration of oversight committees; project management of the review and governance pipeline; coordination of regulatory/audit deliverables including capital stress testing exercises; and general business management.

Job Responsibilities

  • Support administration of Estimation Risk Committees (ERCs) and Business Reviews, and lead model governance projects
  • Working with Committee co-chairs to setup meeting agenda and organize preparatory meetings
  • Ensure oversight responsibilities documented in the Committee charter are met
  • Guide presenters on presentation content, assemble and distribute final documents
  • Take meeting minutes and provide meeting documents for regulatory and audit requests
  • Navigate complex model risk systems and reporting
  • Conduct Data analysis and Process Improvement
  • Manage system enhancements
  • Communicate to senior management and stakeholders across the firm

Required Qualifications, Skills and Capabilities

  • Bachelor’s degree
  • Excellent written and verbal communication skills with the ability to interface with other functional areas in the firm on model-related issues, and produce clear and concise documents for internal and external (regulatory) consumption
  • Excellent organizational skills with attention to detail
  • Self-motivated, organized and ability to work in a fast-paced environment. Intellectually curious with a proven ability to learn quickly
  • Proficient in Excel and PowerPoint

Preferred Qualifications, Skills and Capabilities

  • 3 plus years experience in Model Risk Management 
  • Degree, preferably in Finance, Accounting, Economics, Engineering, or Mathematics

Job Summary

JOB TYPE

Full Time

SALARY

$104k-137k (estimate)

POST DATE

03/25/2024

EXPIRATION DATE

05/24/2024

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