JPMorgan Chase India | MRGR Treasury- Associate

Job responsibilities

• As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with the models used by Treasury for resolution and recovery, liquidity, stress testing and budgeting.
• This role also provides the opportunity to gain exposure to various business and functional areas.
• You'll be at the forefront of innovation, driving continuous improvement in a dynamic and collaborative environment.
• Perform model reviews: evaluate the conceptual soundness of a model, assess its behavior under various market conditions and its 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.

Requirements

• PhD with up to 2 years of experience in a quantitative modelling or model validation role (including relevant internships or research).
• Strong analytical problem-solving skills and clear written/verbal communication, ability to articulate technical issues to diverse stakeholders and write high quality technical reports.
• Knowledge of financial products / markets and regulatory requirements.
• Risk- and control-oriented mindset: ability to ask incisive questions, assess the materiality of model issues, and escalate issues appropriately.
• Ability to work in a fast-paced, results-driven environment.
• Prior experience with Treasury function and its models.
• Hands-on programming experience with at least one of the programming languages such as Python, R, MATLAB, C/C++ etc.
• The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness.

JPMorgan Chase

JPMorgan Chase & Co. is one of the world's largest financial services firms, active in investment banking, commercial banking, asset and wealth management, and payments.

Its Indian global centres support the firm worldwide in finance, accounting, tax, controllership, risk, operations and technology. Typical roles for CAs and CPAs are product control, financial reporting, tax and regulatory reporting.

• Industry: Banking and financial services
• Headquarters: New York, USA
• In India: Corporate and investment banking in Mumbai; global corporate centres in Mumbai, Bengaluru and Hyderabad