What are the responsibilities and job description for the Risk Management - Model Risk - AI Governance and Innovation - Vice President position at JPMorganChase?
Join JPMorgan Chase's Risk Management and Compliance team, where your expertise will be pivotal in maintaining our strength and resilience. You'll be tasked with anticipating emerging risks and using your judgement to address challenges impacting our company, customers, and communities. Our culture encourages innovative thinking and challenges the status quo, striving for excellence in all we do.
As a Vice President in the Model Risk Governance and Review (MRGR) team, you will conduct independent model validation and governance activities to manage Model Risk. You will ensure models are fit for purpose and users understand their limitations. MRGR's AI Governance and Innovation team manages the risk framework for AI/ML models and tools, staying ahead of new risks in the rapidly evolving AI/ML industry.
Job Responsibilities
- Design and implement comprehensive AI governance frameworks, policies, and procedures responsive to the rapidly changing landscape
- Collaborate with stakeholders across the firm to identify new and evolving AI/ML practices, and evaluate whether the existing governance framework (model risk management policy, procedures and standards) sufficiently addresses these emerging risks
- Develop innovative solutions to support MRGR’s evolution towards an AI focused organization, while also informing the firmwide AI/ML strategy
- Establish strong relationships on behalf of MRGR with key AI/ML related functions firmwide, establishing a deep network and understanding of the firmwide AI/ML landscape
- Engage with stakeholders on controls and process design, especially where an interdisciplinary approach is needed, and identify opportunities for process optimization
- Develop and prepare communications for senior management and regulators about the emerging risks and mitigation strategies.
- Independently own and execute project workstreams within the organization from inception to completion
Required qualifications, skills and capabilities
- 7 years of relevant experience, including experience in risk management, technology, model development or model risk roles
- Exceptional communication and influencing skills, with the ability to interface with other functional areas in the firm. Ability to translate technical considerations into business risks, and communicate effectively in an interdisciplinary environment
- Risk and control mindset: ability to ask incisive questions, identify and assess risks
- Exceptional organization skills and understanding of corporate governance: ability to influence at scale, resolve uncertainty, and deliver results in a fast-paced, multidisciplinary environment
- A self-starter with the ability to work independently and manage competing priorities under tight deadlines
- Attention to detail and commitment to doing quality work in a comprehensive manner
- Strong Microsoft PowerPoint, Word, and Excel skills
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
