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JPMorgan Chase Model Risk Associate in Jersey City, New Jersey

DESCRIPTION:

Duties: Conduct assessments of the risks associated with machine learning (ML) models, identify potential vulnerabilities, and propose effective strategies to mitigate such risks. Evaluate the conceptual soundness of ML model specifications, meticulously scrutinizing assumptions, inputs, testing procedures, implementation correctness, and the appropriateness and comprehensiveness of performance metrics and risk measures. Uphold the principles of explainability and accuracy in ML model specifications, ensuring that models are designed and implemented with precision and adherence to best practices. Foster collaborative partnerships with Machine Learning Engineers to ideate, design, develop, and implement robust, scalable, and efficient ML models. Work with Finance and Risk professionals to proactively monitor the production usage and performance of ML models, and provide insightful analysis and recommendations to optimize efficacy and reliability. Conduct evaluations of market conditions and environmental factors that could impact the integrity and performance of ML models. Leverage expert knowledge and analytical acumen to provide prescient insights and strategies for model enhancement. Articulate document findings and recommendations for model improvements, employ eloquence and precision in written and verbal communication, and cater to diverse audiences, including senior management and other stakeholders. Engage in extensive exploration of complex ML problems, and share expert guidance with the broader modeling community on the appropriate use of ML techniques. Disseminate research findings on ML issues through presentations and foster engagement and collaboration with internal and external stakeholders to advance the field of ML in the context of risk management. Telecommuting permitted up to 40% of the week.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Data Science, Machine Learning, Statistics, Mathematics, Computer Science, Computer Engineering, or related field of study plus 3 years of experience in the job offered or as a Model Risk Associate, Data Engineer, System Engineer, or related occupation.

Skills Required: Requires experience in the following: Machine Learning principles, algorithms, and techniques; programming languages, including Python and SQL; ML libraries and frameworks, including Xgboost and Scikit-learn; model evaluation techniques, performance metrics, and best practices for assessing model performance; Data analysis; data visualization; data manipulation techniques, including missing value imputation, encoding categorical variables, and normalizing/transformation of features; and cloud computing platforms, such as AWS.

Job Location: 545 Washington Blvd, Jersey City, NJ 07310. Telecommuting permitted up to 40% of the week.

Full-Time. Salary: $160,000.00- $210,000.00 per year.

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 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.

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 is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary

Jersey City,NJ $160,000.00 - $210,000.00 / year

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