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 ...
... for senior management and governance forums. -Perform ad hoc and on demand analyses of model behavior, performance, and risk characteristics as required. -Own and deliver on high-profile, time ...
... for senior management and governance forums. -Perform ad hoc and on demand analyses of model behavior, performance, and risk characteristics as required. -Own and deliver on high-profile, time ...
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 part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
New
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
New
... for senior management and governance forums. -Perform ad hoc and on demand analyses of model behavior, performance, and risk characteristics as required. -Own and deliver on high-profile, time ...
... for senior management and governance forums. -Perform ad hoc and on demand analyses of model behavior, performance, and risk characteristics as required. -Own and deliver on high-profile, time ...
Risk Management-Quant Model Director-Executive Director
Jersey City, NJ · On-site
$204K - $285K/yr
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
Risk Management-Quant Model Director-Executive Director
Jersey City, NJ · On-site
$204K - $285K/yr
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... Play a senior role in the validation and governance of Wholesale Grading models across the firm ...
Model Risk Senior Analyst - Validation [Multiple positions available]
New York, NY · On-site
$155K - $165K/yr
Model Risk Senior Analyst - Validation [Multiple positions available] Job Location: 277 Park Avenue ... Collaborate with the team lead or manager to review and confirm proper controls and adequate ...
Model Risk Senior Analyst - Validation [Multiple positions available]
New York, NY · On-site
$155K - $165K/yr
Model Risk Senior Analyst - Validation [Multiple positions available] Job Location: 277 Park Avenue ... Collaborate with the team lead or manager to review and confirm proper controls and adequate ...
Model Risk Senior Analyst - Validation [Multiple positions available] Job Location: 277 Park Avenue ... Collaborate with the team lead or manager to review and confirm proper controls and adequate ...
Model Risk Senior Analyst - Validation [Multiple positions available] Job Location: 277 Park Avenue ... Collaborate with the team lead or manager to review and confirm proper controls and adequate ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
Risk Management - Quant Modeling Director - Executive Director
Jersey City, NJ · On-site
$204K - $285K/yr
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
Risk Management - Quant Modeling Director - Executive Director
Jersey City, NJ · On-site
$204K - $285K/yr
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong ... and SR 15-18. Apply there requirements to model validation; assess the severity of stress ...
Senior Machine Learning Engineer, Model Risk Management
New York, NY · Remote
$114K - $157K/yr
Model Risk Management is the independent function that decides whether a model is sound enough to ... As a senior individual contributor, you lead through technical depth and cross-team scope, and you ...
Senior Machine Learning Engineer, Model Risk Management
New York, NY · Remote
$114K - $157K/yr
Model Risk Management is the independent function that decides whether a model is sound enough to ... As a senior individual contributor, you lead through technical depth and cross-team scope, and you ...
Citi is seeking a AI Risk & Governance - SVP to lead the responsible AI agenda for Trade & Working ... Deep knowledge of AI and ML concepts, responsible AI frameworks, model risk management, and ...
Citi is seeking a AI Risk & Governance - SVP to lead the responsible AI agenda for Trade & Working ... Deep knowledge of AI and ML concepts, responsible AI frameworks, model risk management, and ...
Senior Machine Learning Engineer, Model Risk Management
New York, NY · On-site
$114K - $157K/yr
Model Risk Management is the independent function that decides whether a model is sound enough to ... As a senior individual contributor, you lead through technical depth and cross-team scope, and you ...
Senior Machine Learning Engineer, Model Risk Management
New York, NY · On-site
$114K - $157K/yr
Model Risk Management is the independent function that decides whether a model is sound enough to ... As a senior individual contributor, you lead through technical depth and cross-team scope, and you ...
Investment Management & Wealth Management Model Validation, Executive Director
New York, NY · On-site
Model Risk Management - Investment Management & Wealth Management Model Validation, Executive ... internal audit, and senior management, while coaching team members to translate complex ...
Investment Management & Wealth Management Model Validation, Executive Director
New York, NY · On-site
Model Risk Management - Investment Management & Wealth Management Model Validation, Executive ... internal audit, and senior management, while coaching team members to translate complex ...
Model Risk Management - Investment Management & Wealth Management Model Validation, Executive ... internal audit, and senior management, while coaching team members to translate complex ...
Model Risk Management - Investment Management & Wealth Management Model Validation, Executive ... internal audit, and senior management, while coaching team members to translate complex ...
Credit Risk Model Owner
Manhattan, NY · Hybrid
$85K - $131K/yr
Report to team leads and senior management and also lead and train junior members * Recommend ... Strong knowledge of Model Risk Management framework, regulation and industry practice (Experience ...
Credit Risk Model Owner
Manhattan, NY · Hybrid
$85K - $131K/yr
Report to team leads and senior management and also lead and train junior members * Recommend ... Strong knowledge of Model Risk Management framework, regulation and industry practice (Experience ...
Senior Model Risk Management information
See Ridgewood, NJ salary details
$22.8K - $40K
2% of jobs
$40K - $57.3K
2% of jobs
$57.3K - $74.5K
12% of jobs
$85K is the 25th percentile. Wages below this are outliers.
$74.5K - $91.8K
15% of jobs
$91.8K - $109K
16% of jobs
The median wage is $112.4K / yr.
$109K - $126.2K
16% of jobs
$141.5K is the 75th percentile. Wages above this are outliers.
$126.2K - $143.5K
14% of jobs
$143.5K - $160.7K
9% of jobs
$160.7K - $178K
10% of jobs
$178K - $195.2K
3% of jobs
$195.2K - $212.5K
2% of jobs
$22.8K
$119.7K
$212.5K
How much do senior model risk management jobs pay per year?
As of Aug 22, 2026, the average yearly pay for senior model risk management in Ridgewood, NJ is $119,652.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,500.00 and $146,700.00 per year, depending on experience, location, and employer.
What is the difference between Senior Model Risk Management vs Model Validation Analyst?
| Aspect | Senior Model Risk Management | Model Validation Analyst |
|---|---|---|
| Credentials | Advanced degrees in finance, statistics, or related fields; certifications like FRM or CFA | Similar credentials; often holds CFA, FRM, or related certifications |
| Work Environment | Strategic oversight, risk assessment, policy development within financial institutions | Hands-on model testing, validation, and documentation in quantitative teams |
| Industry Usage | Used across banking, insurance, asset management for risk governance | Primarily in banking and financial services for model validation roles |
While both roles require quantitative expertise and relevant certifications, Senior Model Risk Management focuses on overseeing and managing model risks at a strategic level, whereas Model Validation Analysts concentrate on testing and validating models to ensure accuracy and compliance.
What are the most commonly searched types of Model Risk Management jobs in Ridgewood, NJ?
The most popular types of Model Risk Management jobs in Ridgewood, NJ are:
What job categories do people searching Senior Model Risk Management jobs in Ridgewood, NJ look for?
The top searched job categories for Senior Model Risk Management jobs in Ridgewood, NJ are:
What cities near Ridgewood, NJ are hiring for Senior Model Risk Management jobs?
Cities near Ridgewood, NJ with the most Senior Model Risk Management job openings:
Full-time
Medical, Retirement
Re-posted 7 days ago
JPMorgan Chase & Co. rating
8.0
Based on 495 frontline employees who took The Breakroom Quiz
71st of 171 rated banks
Job description
Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you play a crucial role in maintaining JPMorgan Chase'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 across a space that includes models used for Corporate and Industrial Wholesale loan loss forecasting, Obligor Grading, Economic Capital and related BAU activities for wholesale credit risk. 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 models used in Corporate and Investment Banking (ex-Trading), including PPNR, balance sheet and RWA forecasting models, by analyzing the conceptual soundness, model design, and appropriateness of models for specific products and structures.
- Evaluate model behavior and ensure the suitability of stress testing models 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 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 statistics, econometrics, economics and finance, with demonstrated ability to apply these concepts to financial modeling and risk assessment.
- Deep understanding of the drivers of the behavior of balances/fees/losses of different products and businesses.
- 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 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.
- 1+ years' experience in model development or in model review, validation, and governance within financial services, with a strong understanding of stress testing models.
Preferred Qualifications, Capabilities and Skills
- Experience in stress testing exercises.
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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
What JPMorgan Chase & Co. employees say
Pay
Benefits
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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