Model Risk Program Analyst

As part of Risk Management and Compliance, you play a crucial role in maintaining the strength and resilience of JPMorgan Chase. Your responsibility includes aiding the firm in growing its business responsibly by proactively identifying new and emerging risks. Using your expert judgement, you tackle real-world challenges that have an impact on the company, its customers, and the communities it serves. The culture within Risk Management and Compliance promotes innovative thinking, challenging the status quo, and striving for excellence. Key Responsibilities: - Conduct independent model validation and model governance activities within the global team of modeling experts in the Risk Management and Compliance organization. - Identify, measure, and mitigate Model Risk to ensure models are fit for purpose and used appropriately in the business context. - Raise awareness among model users regarding model limitations and their potential impact on business decisions. - Engage in a wide variety of model types and cutting-edge modeling techniques, collaborating with top talent within the firm. - Expand your knowledge of different forecasting models, understand their unique limitations, and leverage this knowledge to shape business strategy and protect the firm. Qualifications Required: - A Master's degree in a quantitative field such as Math, Physics, Engineering, Statistics, Economics, or Finance. - 0-2 years of experience in a quantitative or modeling role. - Deep understanding of statistical/econometric models like linear, logistics, and time series models. - Proficiency in Python, R, or equivalent programming languages. - Knowledge in financial markets is preferred. - Strong verbal and written communication skills to interact with various functional areas in the firm on model-related issues and produce high-quality technical reports. - Experience with large datasets is advantageous. Preferred Qualifications: - Prior experience in mortgage or CRE risk model development or validation is a plus. - Previous exposure to financial products/markets and regulatory stress testing (CCAR/ICAAP) is beneficial.,