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Model Risk Management - Program Management - Associate

JPMorganChase
Office & Professional
Office & Professional
£60,000 - £85,000/Year
Full-time
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Description

Location
London

Hours
Full Time

Salary
Competitive salary commensurate with experience

About the Role
Join JPMorgan Chase and play a pivotal role in Risk Management and Compliance, ensuring the firm's strength and resilience. Use your expertise to anticipate risks and solve challenges that affect our company and communities. Our culture encourages innovative thinking and challenges the status quo. As part of the Model Risk Governance and Review (MRGR) team, you'll support the management of model risk, ensuring model validation and governance activities are conducted to identify, measure, and mitigate model risk across the firm.

As a Model Risk Management - Program Management - Associate within the MRGR Chief Operating Office (MRGR COO), you will be part of a global and diverse team dedicated to supporting the design, implementation, and execution of the firm's model risk management framework. You will ensure the execution of various model risk processes, including managing the model review book of work, overseeing estimation risk committees, and conducting model risk monitoring and reporting.

Additionally, you will play a key role in regulatory, audit, and critical capital stress testing exercises such as CCAR. Your responsibilities will also include coordinating with the MRGR policy and MRGR product/technology teams to enhance model risk policy, procedures, and product/technology.

Key Responsibilities
- Support model risk coverage activities for the respective MRGR Lines of Business, including preparing material for key Risk Committees and Forums, and model risk Business Review Meetings
- Lead model review and issue remediation planning and assist Model Risk Officers with prioritization
- Monitor and report model risk metrics and facilitate escalation when breaches occur
- Centrally manage programs owned by MRGR to ensure smooth and effective execution of the model risk framework, including processes like inventory confirmations and CCAR
- Engage with senior leaders, development, and model review teams on model risk activities impacting their areas, including Regulatory and Audit deliverables
- Identify process execution pain points and collaborate with COO teams: Product, Policy, and Analytics to develop solutions and implement tactical or strategic enhancements

Requirements

Experience
- Proven project/program management capabilities
- Good understanding of risk management frameworks and the Three Lines of Defense model in large organizations
- Experience working closely with model risk and/or model development functions
- Strong stakeholder management and teamwork skills, with clear communication and effective relationship building
- Ability to synthesize data and build commentary to share with a senior audience as needed
- Self-motivation, outstanding organizational skills, and ability to work in a fast-paced environment
- Intellectual curiosity with a proven ability to learn quickly
- Advanced knowledge of Excel

About You
- Analytical mindset with strong problem-solving skills
- Excellent communication and interpersonal skills to engage with diverse teams and senior stakeholders
- Detail-oriented and proactive in identifying and resolving issues
- Ability to manage multiple priorities and deliver results under tight deadlines

Qualifications
- A degree in an analytical field such as Business and Finance, Engineering, or Mathematics is preferred
- Experience in Model Risk Management is advantageous

Expiry date: 04/09/2026
Model Risk Management - Program Management - Associate
Company:
JPMorganChase
Salary:
£60,000 - £85,000/Year
Job Type:
Full-time
Location:
London