JPMorganChase

Applied AI ML Sr Associate

JPMorganChase  •  Mumbai, IN (Onsite)  •  1 day ago
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Job Description

This role sits within CCB Risk Management and is responsible for leading the governance and oversight of vendor fraud models used across the Consumer & Community Banking (CCB) business.

Key responsibilities:

  • Manage the end-to-end lifecycle of vendor fraud models, including onboarding, reviews, upgrades, ongoing monitoring, annual assessments, and remediation activities.
  • Partner with Product, Risk Strategy, Vendors, Compliance, Legal, and Model Risk Governance & Review (MRGR) teams to support model onboarding and governance.
  • Prepare and coordinate model documentation, governance submissions, Fair Lending reviews, and MRGR reviews.
  • Monitor model performance, manage Model Risk Issues (MRIs) and action plans, and ensure compliance with governance requirements.
  • Evaluate business benefits, risks, and impacts of vendor models and provide actionable insights to senior leadership.
  • Lead discussions around model selection, usage rationale, contingency planning, and strategic risk management.

Desired profile:

  • Advanced degree (MS or PhD) in a quantitative discipline such as Statistics, Mathematics, Computer Science, Econometrics, Operations Research, or Physics.
  • 5+ years of experience in predictive risk modeling and/or model governance within financial services.
  • Strong understanding of MRGR, model risk management, Fair Lending reviews, and governance processes.
  • Experience in fraud risk modeling and stakeholder management across multiple functions.
  • Excellent communication skills and ability to influence senior stakeholders.

JPMorganChase, 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 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.

JPMorganChase

About JPMorganChase

With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.

We serve millions of customers and many of the world’s most prominent corporate, institutional, and government clients daily, managing assets and investments, offering business advice and strategies, and providing innovative banking solutions and services.

Social Media Terms and Conditions: https://bit.ly/JPMCSocialTerms

© 2024 JPMorgan Chase & Co. All rights reserved. JPMorganChase is an Equal Opportunity Employer, including Disability/Veterans.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, NY
Year Founded
Unknown
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