Model Risk Policy, Practice

5 months ago


Goregaon East Mumbai Maharashtra, India JPMorgan Chase & Co Full time

**JOB DESCRIPTION**
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Model Risk Policy, Practice & Governance - Associate within the Risk Management and Compliance team, you will be at the center of keeping JPMorgan Chase strong and resilient. This role offers the opportunity to work in a dynamic and growing team, in a fast-paced and challenging area, where you will partner with the Business to provide a comprehensive view.

The Model Risk Governance & Review (MRGR) is responsible for conducting model validation to help identify, measure, and mitigate Model Risk. The objective is to ensure that models are used appropriately in the business context and that model users are aware of the models' strengths and limitations and how these can impact their decisions. MRGR Policy, Practice & Governance team maintains the group’s governing policies and procedures, while working on consistency, identifying best practices and improvements to the model risk management processes, and running quality assurance.

**Job responsibilities**
- Identify process weaknesses and proposal for remediation with the goal of meeting strategic target state of Model Risk Management framework
- Maintain model review and documentation templates in line with both regulatory guidance and the firm’s model development and review standards
- Develop best practice guidelines and training materials related to Model Risk management and control practices
- Conduct model risk focused governance projects and tasks to address regulatory and senior management inquiries

**Required qualifications, capabilities, and skills**
- Undergraduate in a quantitative discipline such as Engineering, Computer Science, Quantitative/Math Finance, Economics
- Strong quantitative & analytical skills (Statistics, Econometrics, Quantitative Finance, Machine Learning)
- Strong written and verbal communication skills
- Risk and control mindset: ability to ask incisive questions, converge on critical matters, assess materiality, and escalate issues

**ABOUT US**

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. 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.



  • Mumbai, India JPMorgan Chase & Co Full time

    The Model Risk Governance & Review (MRGR) is responsible for conducting model validation to help identify, measure, and mitigate Model Risk. The objective is to ensure that models are used appropriately in the business context and that model users are aware of the models' strengths and limitations and how these can impact their decisions. MRGR Policy,...

  • Model Risk Governance

    4 months ago


    Goregaon East, Mumbai, Maharashtra, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. As a Model Risk Governance - Quant Analytics Associate within our Risk Management and Compliance team,...

  • Model Risk Governance

    5 months ago


    Goregaon, Mumbai, Maharashtra, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Model Risk Governance & Review (MRGR) is responsible for conducting model validation to help identify, measure, and mitigate model risk. The objective is to ensure that models are used appropriately in the business context, and that model users are aware of the models' strengths and limitations and how these can impact their business...


  • Goregaon East, Mumbai, Maharashtra, India JPMorganChase Full time

    **JOB DESCRIPTION** **Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? 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...

  • Risk Policy Manager

    2 weeks ago


    Mumbai, Maharashtra, India Hiranandani Financial Services Full time

    Job Title: Policy Risk ManagerAt Hiranandani Financial Services, we are seeking a highly skilled Policy Risk Manager to join our team. As a key member of our organization, you will be responsible for establishing requirements for data maintenance and management, working closely with our IT team to implement management reporting tools, and monitoring...


  • Mumbai, Maharashtra, India Citi Full time

    Citi’s **Risk Management** organization oversees risk-taking activities and assesses risks and issues independently of the front-line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks. Being part of our team means that...


  • Goregaon East, Mumbai, Maharashtra, India JPMorganChase Full time

    **JOB DESCRIPTION** Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. As Quant Modelling Associate in Risk Management and Compliance team, you are at the center of keeping...


  • Mumbai, Maharashtra, India DBS Bank Full time

    Job Title: Specialist, Risk PolicyDBS Bank is seeking a highly skilled Specialist, Risk Policy to join our Risk Management Group. As a key member of our team, you will play a critical role in managing the bank's risk exposure by balancing our objective to maximize returns against an acceptable risk profile.Job Summary:The Specialist, Risk Policy will be...


  • Mumbai, Maharashtra, India UBS Full time

    India - Risk - Group Functions **Job Reference #** - 290383BR **City** - Mumbai **Job Type** - Full Time **Your role** - Are you adept at risk matters and familiar with quantitative modelling? Are you an innovative thinker who likes to challenge the status quo? Do you enjoy working in a highly specialized team that develops and delivers statistical...

  • Model Validation

    5 months ago


    Mumbai, Maharashtra, India UBS Full time

    India - Risk - Group Functions **Job Reference #** - 296278BR **City** - Mumbai **Job Type** - Full Time **Your role** - Are you an expert in analytics? Are you an innovative thinker who likes to challenge the status quo? Do you know how to work well within a team and deliver effective solutions? We're looking for someone like that to carry out...

  • Climate Modelling

    5 months ago


    Mumbai, Maharashtra, India Institutional Shareholder Services Full time

    Let’s be #BrilliantTogether ISS STOXX is looking for a Climate Modelling Associate for our Climate Solutions Team at the Mumbai - Goregaon East location. Overview: - Climate Solutions is a unit within ESG, the responsible investment business of ISS STOXX. As investors seek to gain a better understanding of their exposure to climate-related risks,...


  • Goregaon East, Mumbai, Maharashtra, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Quants Group in Mumbai was set up in 2013 as an extension of the Firm’s global quants teams around the world. It is a fast growing team covering multiple asset classes across geographies. It provides in-depth knowledge that is behind our Investment Banking, Structuring, Sales & Trading and Research businesses around the globe. Deeply...


  • Goregaon East, Mumbai, Maharashtra, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** You are a strategic thinker passionate about driving solutions in **“Portfolio Analytics”.** You have found the right team As an Investment Portfolio Construction and Consulting Specialist, you will play a critical role in assisting our clients in developing and managing their investment portfolios. Your expertise will be essential...


  • Mumbai, Maharashtra, India Citi Full time

    **DESCRIPTION / RESPONSIBILITIES**: - Responsible for Consumer Retail Credit Loss Forecasting Models as well as decision models Oversight and Governance in Asia and European countries. - With in-depth understanding of the model life cycle and model risk management, ensure compliance of applicable policies and regulatory requirements pertaining to model...

  • Credit Risk Innovation

    4 months ago


    Goregaon East, Mumbai, Maharashtra, India JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Are you interested in developing your career in finance which utilizes credit risk and innovation? This role would offer high visibility and an opportunity to make a meaningful impact within the bank.** We are seeking a talented and ambitious applied AI and Data Science analyst to join our new Credit Innovation Group. Join our dynamic...

  • Credit Risk Officer

    2 months ago


    Goregaon East, Mumbai, Maharashtra, India JPMorganChase Full time

    **JOB DESCRIPTION** Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. As a Latin America Credit Officer Associate in Risk Management and Compliance, you are at the center of...


  • Mumbai, Maharashtra, India DBS Bank Full time

    Job SummaryDBS Bank is seeking a Risk Policy Specialist to join its Risk Management Group. The successful candidate will be responsible for managing the bank's risk exposure by balancing its objective to maximize returns against an acceptable risk profile.Key ResponsibilitiesFrame the credit card policy framework, processes, and workflow to assist in the...

  • Risk Policy Manager

    2 weeks ago


    Mumbai, Maharashtra, India Hiranandani Financial Services Full time

    Job SummaryWe are seeking a highly skilled Risk Policy Manager to join our team at Hiranandani Financial Services. The successful candidate will be responsible for developing and implementing risk management policies and procedures to ensure the company's financial stability and compliance with regulatory requirements.Key ResponsibilitiesDevelop and maintain...


  • Mumbai, Maharashtra, India DBS Bank Full time

    Job SummaryDBS Bank is seeking a highly skilled Risk Policy Specialist to join our Risk Management Group. As a key member of our team, you will be responsible for managing risk exposure by balancing our objective to maximize returns against an acceptable risk profile.Key ResponsibilitiesDevelop and implement credit card policy frameworks, processes, and...


  • Mumbai, Maharashtra, India DBS Bank Full time

    Job Role OverviewThe Risk Policy Specialist will play a critical role in managing risk exposure by balancing the bank's objective to maximise returns against an acceptable risk profile. This involves partnering with origination teams to provide financing, investments and hedging opportunities to customers.Key ResponsibilitiesDevelop and frame the credit card...