Apply Now    

Corporate - Model Risk Governance & Review - Model Review Group - Asset & Wealth Management (AWM)) - Associate

Req #: 180002520
Location: New York, NY, US
Job Category: Accounting/Finance/Audit/Risk
Potential Referral Amount: 3000 US Dollar (USD)
JPMorgan Chase & Co. is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Asset & Wealth Management (AWM) provides global market insights and a range of investment capabilities to individuals, advisors, and institutions that few other firms can match.
Quantitative Models are essential components of the AWM business and are used across all LOBs to aid investment decisions, measure risk, and provide analytical and statistical tools to support business management. The Model Review Group (MRG) is responsible for conducting independent model validation to identify, measure, and mitigate Model Risk in AWM and firm-wide.  MRG works closely with front office quants, Risk, Finance, and LOB professionals in reviewing findings, measuring on-going model risk, and providing risk mitigating strategies.
Key Responsibilities:
  • Review, analyze, and test models used in AWM for Valuation, Risk, VaR, and Stress Testing.
  • Perform independent implementation, benchmark testing, sensitivity analysis, and additional tests for each model as appropriate.
  • Maintain effective challenge, critical thinking, independence, and consistency in model review activities.
  • Effectively manage business priorities to complete high quality model review work.
  • Support regulatory and audit requests.



  • MSc or PhD in Mathematics, Physics, Engineering, Finance or Statistics.
  • Excellent understanding of the mathematical, statistical, and numerical methods used in quantitative finance.
  • Thorough knowledge of at least one programming language such as C/C++/Python.
  • Excellent communication skills.
Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Things to note

Sign in to our application system to continue your job search or update your profile.

Current employees sign in here. Contractors sign in here.

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please click here.

Important links

Click here to view the "EEO is the Law" poster.

Click here to view the "EEO is the Law" supplemental poster.

Click here to view our U.S. Pay Transparency Policy.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.