JPMorgan Legal Entity Model Risk Governance Review - Vice President 

United Kingdom, England, London 

613265139

You will work in partnership with senior management, at the legal entity board and C-suite level, designing and implementing Model Risk Policies, Procedures and reporting for legal entities.

As the Legal Entity Model Risk Governance and Review (MRGR) - Vice President you will participate in day-to-day model risk management decisions associated with the firm’s EMEA legal entities and will contribute to model governance activities related to Country Risk. You will work in a dynamic setting, interacting with regulators, auditors, model developers and professionals in the firm’s Risk and Finance functions.

Job responsibilities:

• Maintain the model risk governance and control framework of JPMorgan Securities plc to ensure robust model risk management practices and compliance with regulatory expectation.
• Act as the first point of contact for all model risk questions associated with JPMorgan Securities plc from both internal and external stakeholders.
• Represent the MRGR team in relevant risk committees and forums to provide transparency on the model risk inherent in the running of JPMorgan Securities plc.
• Coordinate projects and initiatives within the model risk space that impact the EMEA Legal Entities.
• Liaise with Risk and Finance professionals to provide oversight of and guidance on appropriate usage, controls around model restrictions & limitations, and findings for model reviews and ongoing performance assessment & testing.
• Conduct Country Risk model reviews and participate in associated model governance activities.

Required qualifications, capabilities, and skills:

• A university degree (Bachelor or Masters) in a quantitative or business-centric discipline, such as mathematical finance, economics, statistics, physics, Masters of Finance or Business Administration.
• Exceptional project management and organizational skills.
• Quantitative, analytical and problem-solving skills: ability to understand and discuss model risk-related issues.
• Excellent communication and presentation skills and ability to interface with regulators, audit, other functional areas in the bank on model-related issues.
• Ability to interpret supervisory statements and regulatory policy.
• Risk and control mindset: ability to ask incisive questions and make risk based judgement calls.

Preferred qualifications, capabilities, and skills

• Prior experience in Model Governance, Model Validation, Risk Management or Regulatory Relations.
• Familiarity with data processing and analysis.