Risk Management - Quant Modeling Director - Executive Director
Job Responsibilities
- Manage and develop a team to validate and govern marketing models used across the organization.
- Lead validation of ML-based marketing models; demonstrate deep ML proficiency, recognize strengths and limitations, apply regulatory expectations, and articulate the appropriateness of model techniques.
- Apply and master standard ML tools and programming languages to support robust model assessment.
- Execute comprehensive model reviews by evaluating conceptual soundness, assessing assumption reasonableness and input reliability, verifying implementation testing completeness, confirming numerical robustness, and justifying performance metrics and risk measures.
- Design and implement experiments to quantify model risk, including impacts from model limitations, parameter estimation error, and deviations from assumptions.
- Benchmark model outputs against empirical evidence and alternative/benchmark models to validate performance and stability.
- Collaborate with stakeholders across Model Development and Users (Risk, Finance, Operations, Digital, Marketing), MRGR, Fair Lending, Technology, Control functions, Internal Audit, and regulators to drive transparent outcomes.
- Maintain model risk controls for CCB models, serve as the first point of contact, and identify, escalate, and resolve issues promptly and soundly.
- Track and synthesize advances in modeling techniques (advanced AI/ML), products, markets, risk management practices, and industry standards.
- Mentor and train junior team members to accelerate their learning, capability building, and professional development.
Required Qualifications, Skills And Capabilities
- PhD or Master Degree in Statistics, Data Science, Computer Science, Operations Research, Applied Math, Economics, or related quantitative discipline.
- 10+ years of relevant experience, with at least 5+ years of experience in applied quantitative research or model development for retail financial products.
- In depth knowledge of machine learning techniques (supervised and unsupervised), natural language processing, data mining as well as experience in probability theory, statistics, and numerical methods.
- Product domain expertise in retail (consumer) banking products and ability to understand the business / knowledge of regulation surrounding business.
- Excellent analytical and problem solving abilities. Risk & Control mindset: Inquisitive nature, ability to ask right questions and escalate issues.
- Excellent communication and storytelling skills—able to influence stakeholders, articulate value hypotheses, and secure sponsorship.
- Experience managing teams.
Preferred Qualifications, Skills And Capabilities
- Ability to deploy advanced methods in econometrics and quickly translate and communicate microeconomic and macroeconomic trends in consumer data.
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. 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, 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.
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.