Model Risk Governance and Review (MRGR) - London - 2025 ReEntry Program

The PPG group supports the Head of MRGR in maintaining and evolving the estimation risk management framework. They own MRGR policy and procedures, quality assurance of MRGR processes, and continuous improvement initiatives. The team is responsible for cross-LOB governance activities, such as the Annual Status Assessment, and owns Estimation Development standards, including those for AI/ML models., The COO group supports model risk stakeholders and drives governance activities, focusing on product ownership, process engineering, and software development for model risk technology and analytics. They manage model risk reporting, oversight committees, and regulatory and audit deliverables, including capital stress testing. The MRGR Product Team handles technology and analytics coordination, while the MRGR Analytics Team develops supplemental tools and supports independent testing. The MRGR Reporting & Execution Team bridges MRGR COO and LOB-aligned teams, and the MRGR Regulatory & Audit Team oversees regulatory deliverables. The MRGR Business Management Team manages budgeting, headcount, and internal training, ensuring financial discipline and effective communication.

• A Ph.D. or Master's degree in a quantitative field such as Math, Physics, Engineering, Computer Science, Economics or Finance is required.
• Previous experience in a quantitative or modelling role. Candidates with significantly more experience may be considered for more senior roles.
• Understanding of Python, R, Matlab, C++, or other programming languages, Undergraduate or Master's degree in economics, finance, computer science or another quantitative discipline
• Experience in risk management, technology, model development or model risk roles, Bachelor's or Master's degree in a STEM discipline with significant programming exposure.
• Experience in full-stack application development
• Proficiency in Python and knowledge of Tornado web framework, TypeScript, or React
or
• Bachelor's degree in a relevant field (e.g., Communications, Engineering, Finance, Accounting, Economics, Mathematics).
• Experience in financial services, business management, or related fields.
  
  The ReEntry Program is a 15-week fellowship program, starting 22nd April 2025, and concluding July 31st, with the prospect of an offer for permanent employment with JP Morgan Chase at the end of the program. The program offers a reintroduction to corporate life for those returning to the workplace after two or more years of voluntarily being away.
As part of Risk Management and Compliance, you are at the centre 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 by 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., J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives., 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.