Risk Management - Data Science Sr Associate

Key Skills

5 Axis Machining, Aartificial intelligence, Data science techniques, Deep Learning, GANs, Keras software library, Large Language Models - LLMs, Management, Natural Language Processing (NLP), NumPy, PyTorch, Scikit-learn, SciPy, TensorFlow, XGBoost

Job Description

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

Being part of the Model Risk Governance and Review team will put you at the center of the firm’s model validation and governance activities with exposure to a wide variety of model types and cutting edge modeling techniques, while frequently interacting with the best and brightest in the firm. You will expand your knowledge of the different forecasting models used in the firm, their unique limitations, and use that knowledge to help shape business strategy and protect the firm.

Job Responsibilities

• Set standards for robust model development practices and enhance them as needed to meet evolving industry standards
• Evaluate adherence to development standards including soundness of model design, reasonableness of assumptions, reliability of inputs, completeness of testing, correctness of implementation, and suitability of performance metrics
• Identify weaknesses, limitations, and emerging risks through independent testing, building of benchmark models, and ongoing monitoring activities
• Communicate risk assessments and findings to stakeholders, and document in high quality technical reports
• Assist the firm in maintaining (i) appropriateness of ongoing model usage, and (ii) the level of aggregate model risk within risk appetite

Required Qualifications, Skills and Capabilities

• A Ph.D. or Master’s degree in a Data Science oriented field such as Data Science, Computer Science or Statistics, is required
• Up to 2-3 years of experience in a quantitative modeling role such as Data Science, Quantitative Model Development, Model Validation or Technology focused on Data Science including hands on experience with building/testing Machine Learning models. Candidates with significantly more experience may be considered for more senior roles
• Domain expertise in following areas: Data Science, Machine Learning and Artificial Intelligence. Knowledge and experience in database interfacing and analysis of large data sets is a plus.
• Strong understanding of Machine Learning / Data Science theory, techniques and tools including Transformers, Large Language Models, NLP, GANs, Deep Learning, OCR, XGBoost, and Reinforcement Learning
• Proficiency in Python programming. Python machine learning library and ecosystem experience: Numpy Scipy Scikit-learn Pandas TensorFlow Keras PyTorch
• Understanding of the machine learning lifecycle - feature engineering, training, validation, scaling, deployment, scoring, monitoring, and feedback loop
• Strong communication skills verbally and particularly in writing, with the ability to interface with other functional areas in the firm on model-related issues and write high quality technical reports

ABOUT US

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents and perspectives that they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.

JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans