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JPMorgan CCOR Fair Lending Quant Modeling Analyst 
India, Telangana, Hyderabad 
708520035

15.09.2024

Compliance’s Office of Fair Lending

Job Summary

Office of Fair Lending is seeking a qualifiedFair Lending Quant Modeling Analyst

Job Responsibilities:

As a Fair Lending Quant Modeling Analyst in this high-visibility role, you will:

  • Conduct statistical analyses and bias testing to review business models, including both traditional and machine learning / artificial intelligence models (ML/AI),for fair lending compliance
  • Build data-driven algorithms to mitigate potential disparate impact of models by working alongside model developers, business strategy owners & Legal to develop less discriminatory alternative models
  • Prepare presentations & reports to explain statistical results in both non-technical and technical formats to various stakeholders such as senior management, Legal, Model developers, Model Governance etc.
  • Perform research & development to keep the fair lending compliance program aligned with industry and regulatory standards
  • Create model documentation; work with Control, Audit and Model Governance teams to ensure adequacy of processes, statistical models and model reviews
  • Support the team in maintaining relevant policies & procedures and representing fair lending in regulatory exams, audits and other areas related to internal governance
  • Perform other related duties as assigned

Required Qualifications, Capabilities, and Skills:

  • Bachelor degree required in a quantitative field(e.g., Statistics, Economics, Computer Science, Engineering) with 3+ years of relevant work experience, or Masters degree in a quantitative field with 1+ years of relevant work experience
  • Entrepreneurial spirit, strong attention to detail, ability to take the lead on projects, in depth interest in solving complex business problems with data and passion for spreading a culture of change towards data-driven decision making
  • Proficiency in Python , shell scripting, cloud computing platforms and tools (e.g., AWS, Spark) and database systems (e.g., Hadoop, Teradata, Hive)
  • Experience in developing, implementing evaluating linear / logistic regressionandmachine learning / artificial intelligence models
  • Experience working or consulting for a bank, a consumer financial product company such as a non-depository mortgage lender or fintech, a banking regulator (e.g., OCC, CFPB) or other similar government regulatory or enforcement agencies with knowledge of how consumer financial products such as mortgage and auto loans are underwritten and priced
  • Strong organization, prioritization, critical thinking and analytical skills; ability to work in a fast-paced environment and manage multiple projects towards completion with focus on quality
  • Excellent communication skills both verbal and written; ability to communicate technical matters in a non-technical way& clearly present complex and sensitive issues


Preferred Qualifications, Capabilities, and Skills:

  • Experience in SAS
  • Experience with bias detection tools or research of fairness