JPMorgan Chase Bank | Jobs | Associate Model Validation /Quant Analyst – Market Risk / VAR – Mumbai | BigDataKB.com | 29-03-22

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Job Location: Mumbai (All Areas)

The associate will work as part of the firm-wide model governance team responsible for keeping business groups informed regarding key model dependencies and developing issues.

Description

As an associate, you’ll work as part of the firm-wide model governance team responsible for keeping all heads of risk and individual business groups informed regarding key model dependencies and developing issues. The group interacts regularly with several firm-wide groups including: Model Review, the relevant trading desk(s), VCG/Product Controllers, Market Risk, Model Development, and Audit.

Responsibilities:

  • Control of model risk by ensuring that the model exposure, market conditions, model limitations, and scope of usage are not materially different from the approved model
  • Work with other coverage partners such as Model Review Group, Market Risk, Finance, Tech, and Audit to ensure that model risk is understood, captured, monitored, and managed
  • Work across organizational units to ensure consistent model application and consistency of assumptions
  • Assist in the assessment of model performance and reviews and progress on action items. Provide inputs into model policy and line of business procedures

Requirements:

  • Very strong quantitative skills
  • At a minimum, undergraduate degree in Engineering, Physics, Mathematics or a quantitative science
  • Some experience in risk at a financial services institution strongly preferred
  • Excellent communications skills – verbal and written
  • Team work oriented – active collaborator and self-starting individual
  • Strong organizational and project management skills
  • Risk and Control mindset
  • Ability to ask right questions and escalate issues to relevant stakeholders
  • Advanced user of Excel, Visio, and Imagine

Apply Here

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