{"id":2982220,"url":"https://alion.io/job/jpmorganchase-quant-model-risk-associate-rates","title":"Quant Model Risk Associate - Rates","company":{"id":257,"name":"JPMorganChase","domain":"jpmorganchase.com","url":"https://alion.io/company/jpmorganchase","size_band":"5000+","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Oracle","truth_index":{"grade":"A","score":95,"open_postings":741,"ghost_share":0.009,"stale_share":0.333,"repost_share":0.09,"time_to_fill_p50_days":8,"computed_at":"2026-10-21T05:46:15Z"}},"role":"Finance","role_family":"Finance","seniority":null,"employment_type":null,"work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["London, United Kingdom"],"countries":["GB"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":66000,"max_usd":156000,"period":"year","method":"role_country_seniority_unknown","sample_n":540},"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"C++","optional":false},{"name":"Python","optional":false}],"status":"live","first_seen_at":"2026-05-22T13:31:07Z","employer_posted_date":"2026-05-22","last_verified_at":"2026-10-22T01:50:03Z","board_verified":true,"closed_at":null,"days_open":152,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":152},"description":"We are looking for a new member to join our Rates team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm.\nAs a Quant Model Risk Associate in our Model Risk Governance and Review team, you will assess and help mitigate the model risk of complex models used in the context of valuation, risk measurement, the calculation of capital, and more broadly for decision-making purposes. Additionally, you will have an opportunity for exposure to a variety of business and functional area as well as will work closely with model developers and users.\nJob responsibilities\nCarries out model reviews: analyze conceptual soundness of complex pricing models, engines, and reserve methodologies; assess model behavior and suitability of pricing models/engines to particular products/structures\nProvides guidance on model usage and act as first point of contact for the business on all new models and changes to existing models\nDevelop and implement alternative model benchmarks and compare the outcome of various models; Design model performance metrics\nLiaises with model developers, Risk and Valuation Control Groups and provide guidance on model risk\nEvaluates model performance on a regular basis\n\nRequired qualifications, capabilities, and skills\nExcellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis\nMSc, PhD or equivalent in a quantitative discipline\nInquisitive nature, ability to ask right questions and escalate issues\nExcellent communication skills (written and verbal)\nGood understanding of option pricing theory (i.e. quantitative models for pricing and hedging derivatives)\nGood coding skills, for example in C/C++ or Python\nPreferred qualifications, capabilities, and skills\nThe following additional items will be considered but are not required for this role:\nExperience with Rates derivatives\nExperience in a FO or model risk quantitative role.","description_format":"text","description_chars":1985,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"phd","optional":true},"security_clearance":false,"languages":[]},"benefits":[],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial & Retail Banks","Wealth Management & Financial Advisors","Asset Management & Funds","Investment Banking & M&A Advisory"],"lifecycle":[{"event":"open","at":"2026-10-21T07:27:31Z"}],"visa":[],"liveness":{"score":3,"band":"cold","label":"Long shot","p_open":1,"p_active":0.089,"p_room":0.28,"age_days":152,"expected_fill_days":8,"reasons":["conf:1","win:tail","crowd:brand"],"computed_at":"2026-10-22T02:56:22Z"},"pay":null,"html_url":"https://alion.io/job/jpmorganchase-quant-model-risk-associate-rates","json_url":"https://alion.io/job/jpmorganchase-quant-model-risk-associate-rates.json","meta":{"generated_at":"2026-10-22T02:56:22Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":2517,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-23T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":257},"rest":"https://alion.io/mcp/rest/get_company?id=257"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fjpmorganchase-quant-model-risk-associate-rates"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fjpmorganchase-quant-model-risk-associate-rates"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fjpmorganchase-quant-model-risk-associate-rates"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/jpmorganchase-quant-model-risk-associate-rates\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fjpmorganchase-quant-model-risk-associate-rates"}]}