Risk Management - Model Risk Officer: Treasury and Chief Investment Office - Executive Director

Introductory marketing language:
Join JPMorgan's Model Risk Governance & Review group as an Executive Director and lead a team of professionals responsible for model risk management of all models used in the Treasury and Chief Investment Office. You'll be at the forefront of innovation, driving continuous improvement in a dynamic and collaborative environment. Your leadership will help shape the future of model risk management at one of the world's leading financial institutions.

Job summary:
As an Executive Director (Model Risk Officer) in the Model Risk Governance & Review (MRGR) group, you will lead a team conducting review and governance activities for all models used by JPMorgan’s Treasury and Chief Investment Office. You will foster a culture of continuous improvement and innovation, ensuring high standards for effective challenge in all model review and governance activities.

Job Responsibilities

• Manage a team of model risk professionals ensuring high standards for effective challenge for all model review and governance activities.
• Lead risk assessments and communication of model risk findings to senior stakeholders both internal and external.
• Foster a culture of continuous improvement and innovation.
• Manage production of high-quality validation reports to ensure evaluation of conceptual soundness of model design, reasonableness of assumptions, reliability of inputs, completeness of testing, correctness of implementation, and suitability of performance metrics.
• Lead interactions during model-related audits and regulatory examinations.

Required qualifications, capabilities and skills

• Demonstrated senior leadership experience in risk management, including experience managing team members effectively in multiple locations and across geographic time-zones.
• Deep understanding of quantitative analysis including both macroeconomic and risk neutral pricing theory applied to asset and liability management.
• Deep understanding of banking book products, deposits and mortgages.
• Strong communication skills both verbally and in writing.
• Strong project management and organizational skills.
• Strong risk and control mindset with the ability to ask incisive questions, work collaboratively with cross-functional teams, assess materiality of model issues, and escalate appropriately.
• PhD or Master’s degree in economics or similar quantitative discipline, 10+ years of relevant industry experience.