Risk Management - Model Risk Program Management - Vice President

About the role

Join JPMorgan Chase and play a pivotal role in Risk Management and Compliance, ensuring the firm's strength and resilience. Use your expertise to anticipate risks and solve challenges that affect our company and communities. As a Vice President in Model Risk Management – Program Management, you'll support the management of model risk, conduct governance activities to identify, measure, and mitigate model risk, and play a key role in regulatory, audit, and critical capital stress testing exercises such as CCAR.

You will coordinate with the MRGR policy and MRGR product/technology teams to enhance model risk policy, procedures, and product/technology.

Responsibilities

• Support model risk coverage activities for the respective MRGR Lines of Business, including preparing material for key Risk Committees and Forums, and model risk Business Review Meetings.
• Lead model review and issue remediation planning, and assist Model Risk Officers with prioritization.
• Monitor and report model risk metrics, and facilitate escalation when breaches occur.
• Centrally manage programs owned by MRGR to ensure the model risk framework's smooth and effective execution, including processes like inventory confirmations and CCAR.
• Engage with senior leaders, development, and model review teams on model risk activities impacting their area, including Regulatory and Audit deliverables.
• Identify process execution pain points and collaborate with other COO teams (Product, Policy, and Analytics) to develop solutions and implement tactical or strategic enhancements.

Requirements

• Proven project/program management capabilities.
• Solid understanding of risk management frameworks and the Three Lines of Defense model in large organizations.
• Experience working closely with model risk and/or model development functions, and experience in Model Risk Management.
• Strong stakeholder management and teamwork skills, with clear communication and effective relationship building.
• Ability to synthesize data and build commentary to share with a senior audience as needed.
• Self-motivation, outstanding organizational skills, and ability to work independently in a fast-paced environment.
• Intellectual curiosity with a proven ability to learn quickly.

Preferred Qualifications

• A degree in an analytical field such as Business and Finance, Engineering, or Mathematics.

Benefits

• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support and financial coaching.

Additional details about total compensation and benefits will be provided during the hiring process.

About Us

JPMorgan Chase, 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.

Our professionals in Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Risk Management helps the firm understand, manage, and anticipate risks in a constantly changing environment, covering 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.