Risk Management - Model Risk Governance and Review - Policy Vice President

JPMorgan Chase & Co. • New York, NY

23h

About The Position

As a Vice President in the Model Risk Governance and Review (MRGR) team, you will support model risk stakeholders in governance activities, manage model risk policies, and oversee technology and analytics development, ensuring effective risk management and compliance. You'll play a crucial role in responsibly growing the business by anticipating risks and solving real-world challenges. Our culture encourages innovative thinking and excellence. As part of the Model Risk Governance and Review (MRGR) team, you'll support model risk stakeholders in governance activities, manage model risk policies, and oversee technology and analytics development, ensuring effective risk management and compliance.

Requirements

• 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

Nice To Haves

• Candidates with experience in model risk management, risk consulting, or roles focused on risk and control

Responsibilities

• Drive initiatives to enhance the model risk management framework, ensuring it is fit-for-purpose and can be efficiently executed by model risk 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 in a clear and concise manner
• 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

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees