Risk Management - Model Risk Program Associate

Model Validation AnalystBring 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 Model Validation Analyst in the Risk Management and Compliance team, you help us shape business strategy and drive innovation. You use your expertise to protect the firm through rigorous model validation and risk management. You collaborate with diverse teams to solve real-world challenges and support our company, customers, and communities. You play a key role in keeping JPMorgan Chase strong and resilient.Job responsibilities:Conduct independent model validation and governance activities to assess model soundness, mitigate model risk with a focus on AI/ML models (e.g. XGB, Neural Networks, Reinforcement Learning, Recommender Systems, as well as variations of Regression algorithms), LLM-based frameworks, Generative AI, and agentic systems.Remain current with emerging AI and LLM developments, get hands-on with new capabilities to understand their strengths and limitations, assess how they can be applied within business workflows, and communicate actionable recommendations for risk management to stakeholders.Validate models to ensure accuracy and reliabilityAssess and manage risks across business functionsCollaborate with cross-functional teams to drive innovationDevelop and implement model validation frameworksCommunicate findings and recommendations to stakeholdersMonitor emerging risks and regulatory changesSupport business growth through responsible risk managementDocument validation processes and resultsProvide expert judgment on model performanceRequired qualifications, capabilities, and skills:Master's or PhD degree in a quantitative discipline such as Mathematics, Statistics, Computer Science, Engineering, Economics, Finance, or a related field, with strong quantitative and analytical skills.Hands-on experience with applied AI/ML. Knowledge and experience with the following preferred: LLM technologies, including deep learning, transformers, prompt engineering, RAG architectures, agentic AI systems, context engineering, agent skills, MCP architecture, agentic harness, LLM evaluation and beyond.Strong foundation in statistics, econometrics, and machine learning techniques, with a deep understanding of model assumptions, limitations, explainability, and performance evaluation.Strong communication skills with the ability to present complex AI concepts to both technical and non-technical audiences. A risk and control mindset with the ability to ask incisive questions, assess the materiality of model issues, and escalate appropriatelyStrong analytical and problem-solving skillsAttention to detail and commitment to qualityAbility to work independently and as part of a teamExperience with data analysis tools (e.g., Python, R)Understanding of risk management principlesProfessional judgment and integrityPreferred qualifications, capabilities, and skills:Experience in financial services or bankingExperience in model validation or risk managementFamiliarity with machine learning modelsAdvanced proficiency in programming languagesExperience with model governance frameworksKnowledge of emerging risk trendsLeadership or mentoring experienceAbout UsJPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.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.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransAbout the TeamOur 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. Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.