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Hiring companyChase Bank
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Model Risk Analyst/Associate
Mumbai,Maharashtra,India Full-time On-site
About the role
Model Risk Governance and Review Group (MRGR) oversees model risk at JPMorgan, assessing and mitigating risk across global financial hubs. As a Model Risk Analyst/Associate you will review derivative models, develop benchmarks, and support model developers and trading desks. Mumbai, India, on-site role with hybrid collaboration as needed.
What you’ll do
- Assess conceptual soundness of complex pricing models
- Develop and implement alternative model benchmarks
- Liaise with model developers, trading desks, and risk professionals
- Maintain model risk control apparatus
What you’ll bring
- Bachelor's degree in a quantitative field
- 3-5 years experience with quantitative models for derivatives
- Strong knowledge of probability theory and stochastic processes
- Expertise in option pricing theory
- Experience with Monte Carlo simulation and numerical methods
- Proficiency in Python, SQL, and C/C++
Skills
probability theorystochastic processesoption pricingMonte Carlo simulationPythonSQLC++model validation
Education
Bachelor's, Master's, PhD