JPMorgan Chase
Quant Modeling Associate - Model Risk Governance Review - Senior Associate
$135K–$150K
New York, NY · Senior · Full-time · Posted Oct 27, 2026
- Experience
- Relevant quantitative experience; no number of years stated.
- Education
- At least a master’s degree in mathematics, science, engineering, statistics, quantitative finance, or similar.
About the job
Reviews counterparty credit risk models and related margining and collateral risk processes, assessing their methods, assumptions, inputs, testing, implementation, and governance.
What you'll do
- Review methodologies for margining and credit risk measurement, including model soundness, inputs, assumptions, and limitations.
- Assess model testing, performance, and implementation correctness.
- Support model governance, issue management, and performance monitoring; explain model methodology and controls to stakeholders.
What they ask for
- At least a master’s degree in mathematics, science, engineering, statistics, quantitative finance, or a similar field.
- Strong quantitative knowledge of probability theory, statistics, mathematical finance, econometrics, numerical methods, and stochastic calculus.
- Relevant quantitative experience in a similar bank or asset-management analytics setup.
- Ability to work independently and meet deadlines; strong communication and teamwork skills.
Nice to have
- Domain expertise in margining and credit risk measurement.
- Counterparty credit risk experience in model validation or development; understanding of financial-industry modeling for valuation, risk, or capital.
Pay
USD 135,000.00-USD 150,000.00 base salary
Model-written summary · the original posting is authoritative