Model Risk Governance and Review Policy Associate

Reposted Yesterday
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London, Greater London, England
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Model Risk Governance and Review Associate, you'll enhance and maintain a model risk management framework, collaborate across teams, and innovate practices for operational excellence while managing multiple projects.
Summary Generated by Built In
Job Description
Be at the forefront of risk management and compliance, where your expertise will help the firm grow responsibly by anticipating and mitigating new and emerging risks. As part of our dynamic team, you'll challenge the status quo and strive to be best-in-class, solving real-world challenges that impact our company, customers, and communities. This is your opportunity to make a significant impact in a global team of modeling experts, ensuring models are fit for purpose and used appropriately within the business context.
As a key member of the MRGR Policy Team within MRGR COO, you will play a critical role in enhancing and maintaining a cohesive and robust framework for managing model risk across the firm. You will be a strategic thinker with an innovative mindset, capable of re-engineering processes and collaborating across various teams to ensure efficiency, consistency, and alignment with organizational goals.
Job Responsibilities:
  • Drive initiatives to enhance the model risk management framework, ensuring it is fit-for-purpose and efficiently executed by stakeholders.
  • Ensure changes are consistently reflected across all model risk framework components, including policy, procedures, templates, metric definitions, and reporting design.
  • Serve as the primary contact for queries related to the model risk management framework.
  • Innovatively redesign model risk management processes for operational excellence, managing multiple projects simultaneously.
  • Collaborate with the infrastructure product team to align process and system designs.
  • Triage and prioritize proposed enhancements, engaging with management and stakeholders to provide transparency.
  • Work closely with stakeholders in other teams/functions to gather feedback and promote consistency in model risk management practices.
  • Maintain strong connections with other frameworks and controls within the firm to ensure comprehensive model risk management.

Required Qualifications, Capabilities, and Skills:
  • Proven experience in developing and enhancing model risk management frameworks, along with expertise in process re-engineering.
  • Demonstrated ability to juggle multiple priorities while ensuring clear and transparent decision-making.
  • Strong analytical skills paired with strategic thinking abilities.
  • Exceptional attention to detail and outstanding communication skills.

Preferred Qualifications, Capabilities, and Skills:
  • Experience in model risk management, risk consulting, or roles focused on risk and control.

About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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