At a Glance
- Tasks: Join a dynamic team to enhance model risk management and tackle real-world challenges.
- Company: J.P. Morgan is a global leader in financial services, committed to client success.
- Benefits: Enjoy a diverse workplace with opportunities for growth and flexible working arrangements.
- Why this job: Make a significant impact while collaborating with experts in a supportive environment.
- Qualifications: Experience in model risk management and strong analytical skills are essential.
- Other info: We value diversity and inclusion, offering equal opportunities for all applicants.
The predicted salary is between 36000 - 60000 £ per year.
Be at the forefront of risk management and compliance, where your expertise will help the firm grow responsibly by anticipating and mitigating new and emerging risks. As part of our dynamic team, you\’ll challenge the status quo and strive to be best-in-class, solving real-world challenges that impact our company, customers, and communities. This is your opportunity to make a significant impact in a global team of modeling experts, ensuring models are fit for purpose and used appropriately within the business context.
As a key member of the MRGR Policy Team within MRGR COO, you will play a critical role in enhancing and maintaining a cohesive and robust framework for managing model risk across the firm. You will be a strategic thinker with an innovative mindset, capable of re-engineering processes and collaborating across various teams to ensure efficiency, consistency, and alignment with organizational goals.
Job Responsibilities:
Drive initiatives to enhance the model risk management framework, ensuring it is fit-for-purpose and efficiently executed by stakeholders.
Ensure changes are consistently reflected across all model risk framework components, including policy, procedures, templates, metric definitions, and reporting design.
Serve as the primary contact for queries related to the model risk management framework.
Innovatively redesign model risk management processes for operational excellence, managing multiple projects simultaneously.
Collaborate with the infrastructure product team to align process and system designs.
Triage and prioritize proposed enhancements, engaging with management and stakeholders to provide transparency.
Work closely with stakeholders in other teams/functions to gather feedback and promote consistency in model risk management practices.
Maintain strong connections with other frameworks and controls within the firm to ensure comprehensive model risk management.
Required Qualifications, Capabilities, and Skills:
Proven experience in developing and enhancing model risk management frameworks, along with expertise in process re-engineering.
Demonstrated ability to juggle multiple priorities while ensuring clear and transparent decision-making.
Strong analytical skills paired with strategic thinking abilities.
Exceptional attention to detail and outstanding communication skills.
Preferred Qualifications, Capabilities, and Skills:
Experience in model risk management, risk consulting, or roles focused on risk and control.
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Model Risk Governance and Review Policy Associate employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Model Risk Governance and Review Policy Associate
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in model risk management. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews, showcasing your proactive approach.
✨Tip Number 2
Network with professionals already working in model risk governance or related fields. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed multiple projects or enhanced frameworks in previous roles. Being able to articulate your experience clearly will demonstrate your capability to handle the responsibilities of this position.
✨Tip Number 4
Research J.P. Morgan's corporate culture and values, particularly around diversity and inclusion. Understanding these aspects will help you align your responses during interviews and show that you're a good fit for their team-oriented environment.
We think you need these skills to ace Model Risk Governance and Review Policy Associate
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Model Risk Governance and Review Policy Associate position. Identify key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customise your CV to highlight relevant experience in model risk management and process re-engineering. Use specific examples that demonstrate your analytical skills and ability to manage multiple priorities.
Craft a Compelling Cover Letter: Write a cover letter that showcases your strategic thinking and innovative mindset. Explain how you can contribute to enhancing the model risk management framework and why you are passionate about this role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. Ensure that your communication is clear and professional, reflecting your attention to detail.
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Understand the Model Risk Management Framework
Familiarise yourself with the key components of model risk management frameworks. Be prepared to discuss how you have previously enhanced or developed such frameworks, and think about specific examples that demonstrate your expertise in this area.
✨Showcase Your Analytical Skills
Prepare to highlight your analytical skills during the interview. Think of instances where your strategic thinking has led to innovative solutions in risk management, and be ready to explain your thought process clearly.
✨Demonstrate Effective Communication
Since communication is crucial for this role, practice articulating complex ideas simply and effectively. Be ready to discuss how you've collaborated with various teams to ensure consistency in model risk management practices.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your ability to juggle multiple priorities and make transparent decisions. Think of examples from your past experiences where you successfully managed competing demands while maintaining clarity in your decision-making.