Software Engineer - Model Risk Governance & Review - Analyst

Location: Mumbai, Maharashtra, India

Job Family: Software Engineering

About the Role

At JP Morgan Chase, we are at the forefront of financial innovation, and our Model Risk Governance & Review team plays a critical role in ensuring the integrity and reliability of models used across our global operations. As a Software Engineer - Model Risk Governance & Review - Analyst in our Mumbai office, you will join a dynamic and growing team in a fast-paced environment, contributing to the development of cutting-edge software solutions that support model validation, monitoring, and regulatory compliance. This role offers an exciting opportunity to work on high-impact projects that safeguard our institution against financial risks while leveraging advanced technologies in the heart of India's financial hub. In this position, you will design, build, and maintain robust applications that automate key processes in model risk management, collaborating with quants, risk experts, and compliance teams. You will tackle challenges such as integrating machine learning models into secure production systems, generating real-time risk reports, and ensuring adherence to stringent regulations like those from the Federal Reserve and RBI. Your work will directly influence how JP Morgan Chase manages trillions in assets, providing exposure to sophisticated financial instruments and data-driven decision-making in a supportive, innovative culture. We value engineers who thrive in collaborative settings and are passionate about the intersection of technology and finance. This analyst-level role is ideal for professionals eager to grow within one of the world's leading financial services firms, with opportunities for career advancement across our global network. Join us in Mumbai to make a meaningful difference in building a more resilient financial future.

Key Responsibilities

• Develop and maintain software applications for model risk governance and review processes
• Collaborate with risk analysts and data scientists to integrate models into production environments
• Implement automated tools for model validation, monitoring, and reporting
• Ensure compliance with internal JP Morgan policies and external regulations like SR 11-7
• Analyze and troubleshoot issues in model performance and risk metrics
• Contribute to the design of scalable systems for handling large financial datasets
• Participate in code reviews and mentor junior engineers on best practices
• Support the documentation and auditing of software solutions for regulatory submissions
• Stay updated on emerging technologies in AI/ML and their application to financial risk
• Work closely with cross-functional teams in Mumbai to deliver high-impact projects

Required Qualifications

• Bachelor's degree in Computer Science, Engineering, or a related quantitative field
• 2-4 years of experience in software engineering, preferably in financial services or risk management
• Strong proficiency in programming languages such as Java, Python, or C++
• Experience with data analysis tools and databases (e.g., SQL, NoSQL)
• Understanding of model risk management principles and regulatory requirements in finance
• Ability to work in a fast-paced, collaborative environment
• Excellent problem-solving skills and attention to detail

Preferred Qualifications

• Master's degree in a quantitative discipline or relevant certifications (e.g., FRM, CFA)
• Experience with machine learning models and their governance in banking
• Prior work at a major financial institution like JP Morgan Chase
• Knowledge of Basel regulations and model validation processes
• Familiarity with agile development methodologies

Required Skills

• Proficiency in Java, Python, or Scala for backend development
• Experience with SQL and database management systems
• Knowledge of machine learning frameworks like TensorFlow or PyTorch
• Understanding of financial modeling and risk assessment techniques
• Strong analytical and quantitative problem-solving abilities
• Excellent communication skills for stakeholder interactions
• Agile and DevOps practices, including CI/CD pipelines
• Familiarity with cloud platforms like AWS or Azure
• Attention to detail in code quality and regulatory compliance
• Team collaboration and adaptability in a dynamic environment
• Experience with version control systems like Git
• Basic knowledge of cybersecurity principles in financial applications
• Ability to handle big data tools like Hadoop or Spark
• Project management skills for timely delivery
• Passion for innovation in the fintech space

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement
• Employee wellness initiatives and gym membership discounts
• Flexible work arrangements and hybrid office options in Mumbai
• Access to JP Morgan's global learning resources and career mobility opportunities

JP Morgan Chase is an equal opportunity employer.