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Risk Management - Model Risk Governance and Review - Project Manager Associate
$95k-125k (estimate)
Full Time | Banking 2 Months Ago
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JPMorgan Chase is Hiring a Risk Management - Model Risk Governance and Review - Project Manager Associate Near NY, 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

INDUSTRY

Banking

SALARY

$95k-125k (estimate)

POST DATE

03/24/2024

EXPIRATION DATE

05/23/2024

WEBSITE

jpmorganchase.com

HEADQUARTERS

MCKINNEY, TX

SIZE

>50,000

FOUNDED

1968

REVENUE

>$50B

INDUSTRY

Banking

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About JPMorgan Chase

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and... affirmative action employer Disability/Veteran. More
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