Risk Management - Forecasting Model Review - Vice President
Company: JPMorgan Chase & Co.
Location: Jersey City
Posted on: April 2, 2026
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Job Description:
Description Bring your expertise to JPMorgan Chase. 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. As a Risk Management - Forecasting Model Review -
Vice President, you will be a part of Risk Management and
Compliance, you will be 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. You
will be at the center of the firm’s model validation and governance
activities with exposure to a wide variety of model types and
cutting edge modeling techniques, while frequently interacting with
the best and brightest in the firm. You will expand your knowledge
of the different forecasting models used in the firm, their unique
limitations, and use that knowledge to help shape business strategy
and protect the firm. Job Responsibilities Set standards for robust
model development practices and enhance them as needed to meet
evolving industry standards Evaluate adherence to development
standards including soundness of model design, reasonableness of
assumptions, reliability of inputs, completeness of testing,
correctness of implementation, and suitability of performance
metrics Identify weaknesses, limitations, and emerging risks
through independent testing, building of benchmark models, and
ongoing monitoring activities Communicate risk assessments and
findings to stakeholders, and document in high quality technical
reports Assist the firm in maintaining (i) appropriateness of
ongoing model usage, and (ii) the level of aggregate model risk
within risk appetite Participate in model-related audits and
regulatory examinations Required qualifications, skills and
capabilities A Ph.D. or Master’s degree in a quantitative field
such as Math, Physics, Engineering, Statistics, Economics or
Finance is required 3 years of experience in a quantitative or
modeling role. Strong communication skills verbally and
particularly in writing, with the ability to interface with other
functional areas in the firm on model-related issues and write high
quality technical reports Experience with large data sets is
required Proficiency in Python, R, or equivalent Deep understanding
of statistics / econometrics Risk and control mindset: ability to
ask incisive questions, assess materiality of model issues, and
escalate issues appropriately Strong project management and
organizational skills: flexible, adaptable to shifting priorities
to achieve the most effective result Able to work in a fast-paced,
results-driven environment Preferred qualifications, skills and
capabilities Prior modeling experience in commercial real estate or
residential mortgage preferred
Keywords: JPMorgan Chase & Co., Hamden , Risk Management - Forecasting Model Review - Vice President, Accounting, Auditing , Jersey City, Connecticut