Quant jobs / JPMorgan

Quant Model Risk Vice President – Interest Rates

A senior model review role covering interest rate derivative models in JPMorgan's model risk governance group. It includes managing and training junior reviewers.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Lead reviews of rates pricing models, engines and reserve methods
Build alternative benchmarks to test model outputs
Act as first contact for the business on new or changed models
Coach and manage junior reviewers
Track ongoing model performance

What they ask for

Required

7 years in front-office or model risk quant work
Stochastic processes and PDEs
Numerical analysis and statistics
Option pricing and hedging theory
Coding in C/C++ or Python
Communication and escalation judgement

Preferred

Interest rate derivatives experience

Education: MSc, PhD or equivalent in a quantitative discipline
Experience: 7 years in a front-office or model risk quantitative role
Languages and tools: C++
Python
Markets: fixed-income

How to prepare

Work through multi-curve and short-rate model calibration end to end
Review a published rates model paper and list its weak assumptions
Study model governance frameworks such as SR 11-7
Practise writing concise review findings with severity ratings

What to study

The Model Validation Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on JPMorgan’s site before applying: requirements, location and pay can change after we check them.

View the posting on JPMorgan’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with JPMorgan and doesn’t handle applications.