JPMorganChase · 5 hours ago
Risk Management - Model Risk Program Associate
Jersey City, NJ
Full-time
Onsite
Entry Level
1+ years expJPMorganChase is one of the oldest financial institutions, offering innovative financial solutions to a wide range of clients. As a Model Risk Program Associate, you will assess risks associated with various models within Compliance, perform independent testing, and develop benchmarking tools.
Asset ManagementBankingFinancial Services
Responsibilities
Perform model reviews: analyze the conceptual soundness of deposits models and assess model behavior and suitability in the context of usage
Guide on model usage and act as the first point of contact for the business on all new models and changes to existing models
Develop and implement alternative model benchmarks and compare the outcome of various models. Design model performance metrics
Liaise with model developers, users, and compliance groups, and provide guidance on model risk
Evaluate model performance on a regular basis
Qualification
Required
Perform model reviews: analyze the conceptual soundness of compliance model and assess model behavior and suitability in the context of usage
Guide on model usage and act as the first point of contact for the business on all new models and changes to existing models
Develop and implement alternative model benchmarks and compare the outcome of various models. Design model performance metrics
Liaise with model developers, users, and compliance groups, and provide guidance on model risk
Evaluate model performance on a regular basis
Preferred
1 plus years of experience in a quantitative modeling role, such as Data Science, Quantitative Model Development, Model Validation, or Technology focused on Data Science
Prior experience in modeling, reviewing or managing forecasting or valuation models is desirable
Experience with database interfacing, data management, and preprocessing (e.g. SQL or kdb+, q) is a plus
Benefits
Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching
Company
JPMorganChase
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.
10001+ employees
H1B Sponsorship
JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-02-01IPO
Leadership Team
Allison Beer
CEO of Card Services and Connected Commerce
Dan Mendelson
CEO, Morgan Health
Recent News
2026-01-23
2026-01-22
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