Model Risk Management Jobs in Texas (NOW HIRING)

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JOB DESCRIPTION

Description

Bring your expertise to JPMorgan Chase.  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.

As a Project Manager, Vice President within the Commercial and Investment Bank (CIB), Wholesale Credit Risk (WCR) organization, you will be responsible for overseeing the planning, execution and delivery of model development projects. In this role, you will work directly with the model developers and reviewers, as well as implementation, production and business teams, and other stakeholders to ensure that models are developed efficiently and meet business objectives. The Project Manager will manage resources and timelines, while ensuring quality control and compliance with industry standards.

Job responsibilities

• Manage stakeholder relationships by conducting regular meetings with model users to define project scope, objectives, and deliverables that align with business goals.
• Oversee the planning and execution of the Book of Work for all model development teams.
• Manage daily operations, including ensuring the timely submission of model documentation.
• Develop detailed project plans, including timelines, milestones, and resource allocation.
• Partner with internal control functions, including Internal Audit, Control Management, and Model Risk Governance and Review, to ensure adherence to the firm's policies and governance processes.
• Supervise the remediation of regulatory and audit findings, as well as model risk issues.
• Manage quality assurance processes to ensure models adhere to performance and accuracy standards.
• Support the team in adopting new technologies and methodologies to enhance model development processes.

• Foster a collaborative and innovative team environment, encouraging continuous learning and development.

Required qualifications, capabilities and skills 

• Bachelor's degree in business, a quantitative field, or a related field.

• Proven experience in project management within a technical environment.

• Knowledge of industry standards and best practices in model development.

• Proficiency with, and willingness to use, firm-approved AI tools to improve productivity and quality while adhering to applicable policies, controls, and data handling requirements.

• Excellent communication and interpersonal skills, with the ability to manage diverse teams.

• Strong problem-solving skills and the ability to adapt to changing priorities.

• Ability to work independently and collaboratively in a fast-paced environment.

• Attention to detail and a commitment to accuracy and quality.

Preferred qualifications, capabilities and skills

• Certification in project management (e.g., PMP, Agile).

• Project management experience within financial services/banking.

ABOUT US

JPMorganChase, 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 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

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.