Quant jobs / JPMorgan

Quant Modeling Lead – Model Risk Governance Review (Asset Management)

An independent model validator in JPMorgan's model risk group, covering models used by the asset management business. The team sits in Risk Management and Compliance and challenges model developers and users.

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.

Own validation reviews of asset management models, from conceptual soundness to implementation
Build Python or R benchmark models to test developers' results independently
Write validation reports and present limitations to senior stakeholders
Review factor, optimisation, pricing and VaR style models for fitness of purpose
Support audits and regulatory examinations with supporting analysis

What they ask for

Required

Derivative pricing
Stochastic calculus
Statistical testing techniques
Python or R for benchmark models
Model validation or front-office model development
Technical report writing
Risk and control mindset

Preferred

Asset management model experience
Factor models and portfolio optimisation
Counterparty credit and VaR models
Machine learning (boosted trees, neural nets, SVM, BERT)
TensorFlow, NumPy, SciPy, Pandas

Education: PhD or Master's in a quantitative field such as maths, physics, engineering, CS, economics or finance.
Experience: 3+ years in model validation or front-office model development.
Languages and tools: Python
R
Markets: multi-asset

How to prepare

Work through derivative pricing and stochastic calculus until you can explain model assumptions and failure modes
Build a benchmark implementation of a factor model or optimiser in Python and compare it to a reference
Practise writing a short validation report that critiques a published model's assumptions
Learn how VaR backtesting and performance metrics are tested statistically

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.