1+ months

CIB QR - Quantitative Research – Operational Risk – Risk Model Development – Vice President

Jersey City, NJ 07302
  • Job Code

CIB QR - Quantitative Research – Operational Risk – Risk Model Development – Vice President

Req #: 190055799_1
Location: Jersey City, NJ, US
Job Category: Quantitative Research
Potential Referral Amount: 5000 US Dollar (USD)


QR Operational Risk (QROR) is a team within the Quantitative Research (QR) organization of JPMorgan. QROR owns the design, implementation, and development for a broad spectrum of risk models, primarily in the measurement of regulatory operational risk capital, economic operational risk capital and operational risk stress loss (CCAR/DFAST).


The Role:

This is an experienced quantitative role focused the firm’s risk engines for operational risk measurement and management. The team works closely with other model development teams in QR, with teams in corporate and line-of-business operational risk management and corporate technology.

Communication skills are important to us: given the importance of capital modeling, we are seeking candidates who are able to present technical topics to senior internal stakeholders, and who are able to write high-quality model documentation.


Candidates should be comfortable collaborating with colleagues at varying levels of experience and backgrounds.

Core responsibilities:

  • Support production runs, analytical explains, improvements to the Regulatory Capital Models Approach (AMA), Stress Loss (CCAR/DFAST) models and supporting documentation.
  • Research, development and implementation of new initiatives of risk models in the operational risk space e.g. economic capital model, cyber-risk quantification.
  • Act as QROR liaison for Regulatory Capital and CCAR/DFAST models, interfacing with corporate operational risk, model review group, audit and corporate technology.



  • 3+ work experience, with advanced degree (PhD/MS) in statistics/mathematics/engineering/operations research
  • Work experience in Risk Modeling/Stress Loss Modeling/LOB Operational Risk Analytics in financial industry
  • Expertise in statistical modelling
  • Expertise in Python/C++/R; hands-on as part of work experience
  • High quality communication and inter-personal skills

Keyword: consumer%20banking


Posted: 2019-07-15 Expires: 2019-09-12

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.

Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries.

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CIB QR - Quantitative Research – Operational Risk – Risk Model Development – Vice President

JPMorgan Chase & Co.
Jersey City, NJ 07302

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