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. As a Quant Model Risk Associate in the Model Risk ...
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. As a Quant Model Risk Associate in the Model Risk ...
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
Risk Management - Capital Risk Senior Associate
Brooklyn, NY · On-site
$135K - $150K/yr
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 ...
Risk Management - Capital Risk Senior Associate
Brooklyn, NY · On-site
$135K - $150K/yr
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 ...
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. As a Quant Model Risk Associate in the Model Risk ...
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. As a Quant Model Risk Associate in the Model Risk ...
Risk Management - Model Risk Program Associate
Manhattan, NY · On-site
$135K - $150K/yr
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. As a Quant Model Risk Associate in the Model Risk ...
Risk Management - Model Risk Program Associate
Manhattan, NY · On-site
$135K - $150K/yr
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. As a Quant Model Risk Associate in the Model Risk ...
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 ...
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 ...
Risk Data Management Associate
Manhattan, NY · On-site
$90K - $135K/yr
Role Description The Associate - Risk Data Management role will be within the Risk Department (RMDAD), reporting to the Director - Risk Data Management. Role Objectives: Execute data governance ...
Risk Data Management Associate
Manhattan, NY · On-site
$90K - $135K/yr
Role Description The Associate - Risk Data Management role will be within the Risk Department (RMDAD), reporting to the Director - Risk Data Management. Role Objectives: Execute data governance ...
Risk Data Management Associate
Manhattan, NY · On-site
$90K - $135K/yr
Role Description The Associate - Risk Data Management role will be within the Risk Department (RMDAD), reporting to the Director - Risk Data Management. Role Objectives: Execute data governance ...
Risk Data Management Associate
Manhattan, NY · On-site
$90K - $135K/yr
Role Description The Associate - Risk Data Management role will be within the Risk Department (RMDAD), reporting to the Director - Risk Data Management. Role Objectives: Execute data governance ...
Firm Risk Management Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and ... Morgan Stanley is seeking an Associate/Analyst in its Market Risk Analytics group. The team ...
Firm Risk Management Morgan Stanley's Firm Risk Management (FRM) Division is an exciting and ... Morgan Stanley is seeking an Associate/Analyst in its Market Risk Analytics group. The team ...
Model Risk Management - Associate, Capital and Risk Weighted Assets Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities ...
Model Risk Management - Associate, Capital and Risk Weighted Assets Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities ...
Model Risk Management - Associate, Capital and Risk Weighted Assets Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities ...
Model Risk Management - Associate, Capital and Risk Weighted Assets Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities ...
Risk Management - Program Management - Senior Associate
Manhattan, NY · On-site
$92K - $134K/yr
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
Risk Management - Program Management - Senior Associate
Manhattan, NY · On-site
$92K - $134K/yr
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
As a Model Risk Management - Program Management - Associate, you'll support the management of model risk, governance activities are conducted to identify, measure, and mitigate model risk in the firm.
Project Manager - Risk Management
$95K - $125K/yr
... Risk Management Corporate Title ... Associate Department: Chief Transformation Office Location: New York The pay range for this ...
Project Manager - Risk Management
$95K - $125K/yr
... Risk Management Corporate Title ... Associate Department: Chief Transformation Office Location: New York The pay range for this ...
Alternatives Risk Management, Senior Associate
$110K - $130K/yr
The Global Risk & Analysis Group (GRA) team offers the opportunity to identify, assess, manage and ... In addition, the Senior Associate will perform data analysis, aggregation and reporting. YOU WILL
Alternatives Risk Management, Senior Associate
$110K - $130K/yr
The Global Risk & Analysis Group (GRA) team offers the opportunity to identify, assess, manage and ... In addition, the Senior Associate will perform data analysis, aggregation and reporting. YOU WILL
Alternatives Risk Management, Senior Associate
New York, NY · On-site
$110K - $130K/yr
The Global Risk & Analysis Group (GRA) team offers the opportunity to identify, assess, manage and ... In addition, the Senior Associate will perform data analysis, aggregation and reporting. YOU WILL
Alternatives Risk Management, Senior Associate
New York, NY · On-site
$110K - $130K/yr
The Global Risk & Analysis Group (GRA) team offers the opportunity to identify, assess, manage and ... In addition, the Senior Associate will perform data analysis, aggregation and reporting. YOU WILL
Alternatives Risk Management, Senior Associate
New York, NY · On-site
$110K - $130K/yr
The Global Risk & Analysis Group (GRA) team offers the opportunity to identify, assess, manage and ... In addition, the Senior Associate will perform data analysis, aggregation and reporting. YOU WILL
Alternatives Risk Management, Senior Associate
New York, NY · On-site
$110K - $130K/yr
The Global Risk & Analysis Group (GRA) team offers the opportunity to identify, assess, manage and ... In addition, the Senior Associate will perform data analysis, aggregation and reporting. YOU WILL
Senior Manager, Risk Management
Hoboken, NJ · On-site
$117K - $234K/yr
Lead the development and execution of risk management and finance strategies aligned with Walmart ... part-time associates in Walmart and Sam's Club facilities. Programs range from high school ...
Senior Manager, Risk Management
Hoboken, NJ · On-site
$117K - $234K/yr
Lead the development and execution of risk management and finance strategies aligned with Walmart ... part-time associates in Walmart and Sam's Club facilities. Programs range from high school ...
... risk management, crisis management, business continuity, and operational resilience. Senior Associates work across the full engagement lifecycle-supporting proposal development, conducting risk and ...
... risk management, crisis management, business continuity, and operational resilience. Senior Associates work across the full engagement lifecycle-supporting proposal development, conducting risk and ...
Associate Risk Management information
See Queens, NY salary details
$52.2K - $64.8K
16% of jobs
$64.8K - $77.4K
8% of jobs
$78.2K is the 25th percentile. Wages below this are outliers.
$77.4K - $90K
13% of jobs
$90K - $102.6K
7% of jobs
The median wage is $108.9K / yr.
$102.6K - $115.3K
12% of jobs
$115.3K - $127.9K
15% of jobs
$134.6K is the 75th percentile. Wages above this are outliers.
$127.9K - $140.5K
8% of jobs
$140.5K - $153.1K
11% of jobs
$153.1K - $165.7K
3% of jobs
$165.7K - $178.3K
3% of jobs
$178.3K - $191K
4% of jobs
$52.2K
$114.1K
$191K
How much do associate risk management jobs pay per year?
Is risk management a good career?
What are the key skills and qualifications needed to thrive in the Associate Risk Management position, and why are they important?
To thrive as an Associate Risk Management professional, you typically need a bachelor's degree in business, finance, or a related field, strong analytical abilities, and attention to detail. Familiarity with risk assessment software, data analysis tools like Excel, and industry certifications such as FRM (Financial Risk Manager) are common technical requirements. Excellent communication, problem-solving, and teamwork skills help you effectively collaborate and present risk findings. These skills ensure accurate risk evaluation, effective mitigation strategies, and support sound decision-making within the organization.
What is the highest paying risk management job?
What is an associate in risk management?
What is a risk management associate job description?
What does an Associate Risk Management professional do?
An Associate Risk Management professional helps identify, assess, and mitigate potential risks that could impact an organization's financial, operational, or strategic objectives. They analyze data, monitor risk exposure, and assist in developing risk management strategies. Their role often involves collaborating with different departments to ensure compliance with policies and regulations. Additionally, they may prepare reports and provide recommendations to improve risk management practices.
What are some typical challenges faced by an Associate Risk Management professional, and how do they contribute to the team?
An Associate Risk Management professional often encounters challenges such as analyzing complex data from multiple sources, keeping up with evolving regulations, and effectively communicating potential risks to various stakeholders. You will regularly collaborate with colleagues in legal, compliance, and business units to ensure that risks are identified and addressed proactively. These challenges foster a culture of continuous learning and improvement, allowing you to play a key role in minimizing potential losses and enhancing the organization's overall stability. Overcoming these obstacles helps you develop critical thinking and adaptability, which are highly valued for future career growth in the field.
Full-time
Medical, Retirement
Re-posted 27 days ago
JPMorgan Chase & Co. rating
8.0
Based on 491 frontline employees who took The Breakroom Quiz
58th of 149 rated banks
Job description
Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you play a crucial role in maintaining JPMorganChase's strength and resilience. 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.
As a Quant Model Risk Associate in the Model Risk Governance and Review team, you will be responsible for assessing and mitigating the risks associated with complex models used for valuation, risk measurement, capital calculation, and decision-making purposes. You'll be at the forefront of innovation, driving continuous improvement in a dynamic and collaborative environment. This role also provides the opportunity to gain exposure to various business and functional areas, as well as collaborate closely with model developers and users.
Job Responsibilities
- Perform thorough reviews of complex credit, interest rate, and equity pricing models, including valuation engines and reserve methodologies. Analyze the conceptual soundness, model design, and appropriateness of models for specific products and structures.
- Evaluate model behavior and ensure the suitability of pricing models and engines for their intended applications, identifying potential limitations and areas for improvement.
- Develop and implement alternative model benchmarks. Design and maintain robust model performance metrics to compare and monitor the outcomes of various models.
- Continuously evaluate model performance, ensuring models remain fit for purpose and compliant with internal and regulatory standards. Recommend enhancements and oversee remediation where necessary.
- Serve as the primary point of contact for the business regarding new model implementations and changes to existing models. Provide expert guidance on model usage, limitations, and governance requirements.
- Liaise effectively with model developers, Risk, and Valuation Control Groups. Offer guidance and support on model risk management, validation standards, and regulatory expectations.
Required Qualifications, Capabilities and Skills
- Advanced degree (MSc, PhD, or equivalent) in a quantitative discipline such as mathematics, statistics, financial engineering, or related field.
- Advanced knowledge of probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis, with demonstrated ability to apply these concepts to financial modeling and risk assessment.
- Deep understanding of option pricing theory and quantitative models for pricing and hedging derivatives, including familiarity with stochastic calculus and risk-neutral valuation.
- Strong analytical and problem-solving skills, with an inquisitive mindset and the ability to formulate insightful questions, identify model limitations, and escalate issues appropriately.
- Excellent written and verbal communication skills, with the ability to clearly explain complex quantitative concepts to both technical and non-technical stakeholders.
- Proficient programming skills in languages such as C/C++, Python, or similar, with experience implementing numerical algorithms and developing model prototypes.
- Demonstrated curiosity and ownership, with a strong willingness to work collaboratively within a team-oriented environment.
- One to three years' experience in front office model development or in model review, validation, and governance within financial services, with a strong understanding of credit, interest rate, and equity pricing models.
Preferred Qualifications, Capabilities and Skills
- Experience in a front office or model risk quantitative role.
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.
We recognize that our people are our strength and the diverse talents 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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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About JPMorgan Chase & Co
Sourced by ZipRecruiter
Industry
Finance and insurance and banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
New York, NY, US