Job Responsibilities

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.

Model Risk Governance and Review (MRGR) is 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.

The critical role of managing model risk depends on a solid infrastructure and a project management and control mindset. As a member of the Chief Operating Office, you will join a dynamic team that performs the critical task of maintaining the model risk governance infrastructure for the firm. The Chief Operating Officer is responsible for: (i) developing tools and dashboards, (ii) building analytics for monitoring the performance of models used across the firm, and (iii) metrics reporting, process improvement, and executing strategic projects.

Specifically, you will be responsible for:

• Oversight and coordination of the work done by Technology to support MRGR's core system MRGR Hub
• Development of MRGR owned technology solutions including ongoing automation work
• Development of dashboard reports across the model lifecycle
• Development and maintenance of processes that facilitate model governance and review activities
• Project management for initiatives that coordinate process efficiencies or that are regulatory focused
• Implementing innovation in model governance tools, systems, and practices to unlock efficiencies
• Business management support for the team

Required qualifications, capabilities, and skills

We are looking for someone excited to join our organization with the following qualifications and capabilities:

• An experienced leader at the senior Executive Director or Managing Director level
• Experience in running operational processes
• Ability to juggle multiple initiatives
• An experienced manager with experience of managing large teams
• Ability to work across teams both within MRGR and with the user and developer communities
• An understanding of modeling and/or model risk management is a plus

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary
New York,NY $300,000.00 - $500,000.00 / year