Save time and effort sourcing top tech talent

Quantitative Modeling Lead [Multiple Positions Available]

Jersey City, USA
Up to $215,000/ year
Quantitative Analyst Machine Learning Engineer Data Scientist Data Engineer Data Analyst Research Scientist
Actively hiring

Quantitative Modeling Lead [Multiple Positions Available]

JPMorganChase
Jersey City, USA
Up to $215,000/ year
Quantitative Analyst Machine Learning Engineer Data Scientist Data Engineer Data Analyst Research Scientist
JPMorganChase
Actively hiring

hackajob is partnering with JPMorganChase to fill this position. Create a profile to be automatically considered for this role—and others that match your experience.

 
JOB DESCRIPTION

Duties: Conduct independent tests and develop benchmark models that serve as reference points for evaluating model performance. Evaluate the risks associated with machine learning and deep learning models by systematically identifying potential vulnerabilities and recommending mitigation strategies to minimize model risk. Draft and review documentation related to model reviews. Mentor and train junior team members, sharing best practices and supporting their professional development. Stay current with advancements in AI/ML algorithms and fraud detection techniques, incorporating new insights and technologies into the model validation process. Guide model developers and business partners through model risk governance requirements and processes. Coordinate and lead governance activities for the team such as performance monitoring and the annual status assessment, to ensure ongoing model integrity and compliance. Assess and challenge model design and implementation to ensure alignment with risk management and regulatory requirements. Oversee the end-to-end model risk lifecycle, including validation, performance monitoring, change management, and issue remediation. Provide expert insights and recommendations for model enhancements, and present findings to senior management and key stakeholders. Represent the team in audit and regulatory reviews, ensuring timely and accurate responses to inquiries. Support team development initiatives, including recruiting, hiring, and onboarding new team members.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Computational Science and Engineering, Quantitative & Computational Finance, Data Science, Machine Learning, Statistics, Mathematics, Computer Science, Computer Engineering or related field of study plus 2 years (24 months) of experience in the job offered or as Quantitative Modeling Lead, Quantitative Analytics Associate, Quantitative Analyst, or related occupation.

Skills Required: This position requires two (2) years of experience with the following: performing model risk assessments of XGBoost models, including validation of statistical methods, hyper-parameters, and interpretability using Shap; conducting independent reviews of ML pipelines, validating feature engineering and selection processes, tuning methodologies, and evaluation frameworks using XGBoost, Scikit- learn, PyTorch, TensorFlow, and Keras; using algorithms, including linear and logistic regression, clustering, and CART to benchmark and analyze data; evaluating models using metrics including AUC-ROC, Precision-Recall, cross-entropy loss, and KS; developing models using Python, R, and SQL with object-oriented programming principles; manipulating data, including imputation, encoding, and normalization, using NumPy, Pandas, PySpark, and Dask; visualizing results with Matplotlib, Seaborn, and ggplot; optimizing large dataset computations with multithreading and multiprocessing in PySpark; managing data storage and processing with AWS; conducting analysis in graphical database Using TigerGraph.

Job Location: 545 Washington Boulevard, Jersey City, NJ 07310.

Full-Time. Salary:  $195,811 - $215,000 per year.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.

ABOUT US

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans


ABOUT THE TEAM

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

hackajob is partnering with JPMorganChase to fill this position. Create a profile to be automatically considered for this role—and others that match your experience.

 

Upskill

Level up the hackajob way. Verify your skills, learn brand new ones and test your ability with Pathways, our learning and development platform.

Ready to reach your potential?