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Applied AI ML Sr Associate

JPMorgan Chase · Posted Oct 8

Global banking, investment, credit card, mortgage, and asset management services

Mumbai, Mumbai, Maharashtra, IndiaFull-timeOnsiteSenior Level5+ years₹35.0L–₹55.0L yearly73 applicants
BankingFinancial ServicesInvestment BankingAsset ManagementCredit CardsPaymentsPublic Company
Full time

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About the role

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. The team works on model risk management, governance submissions, Fair Lending reviews, and MRGR reviews in partnership with Product, Risk Strategy, Vendors, Compliance, and Legal. This role manages the end-to-end lifecycle of vendor fraud models, monitors model performance, and provides risk insights to senior leadership.

What you will do

  • 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.

Skills used in this role

model risk managementfraud risk modelingpredictive risk modelingstakeholder managementcommunication

What the employer is looking for

  • 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.

Benefits and support

  • Compensation and benefits are detailed in the job posting

About JPMorgan Chase

JPMorgan Chase & Co. is one of the oldest, largest, and most diversified financial services institutions in the world. Operating globally through the J.P. Morgan and Chase brands, the firm provides a comprehensive range of financial solutions including investment banking, consumer and commercial banking, transaction processing, and asset management. Serving millions of consumers and many of the world's most prominent corporate, institutional, and government clients, the company combines deep market expertise with extensive technological investments.

Industry
Banking
Company size
320000+ employees
Founded
1799
Location
New York, New York, USA
Funding stage
Public Company

Leadership

JD
Jamie Dimon

Chairman and Chief Executive Officer

JB
Jeremy Barnum

Chief Financial Officer

JP
Jennifer Piepszak

Chief Operating Officer

LB
Lori Beer

Global Chief Information Officer

MC
Mary Callahan Erdoes

CEO, Asset & Wealth Management