Tech Risk & Controls Lead – Application Risk Classification (ARC) & Model Development

Location: LONDON, United Kingdom

Job Family: Technology Risk & Services

About the Role

At JPMorgan Chase, we are at the forefront of financial innovation, and our Technology Risk & Services team plays a crucial role in safeguarding our global operations. As the Tech Risk & Controls Lead – Application Risk Classification (ARC) & Model Development, you will join a dynamic group in London, driving the evolution of our technology risk management practices. This position is pivotal in ensuring that our cutting-edge applications and models meet the highest standards of security, compliance, and resilience in the fast-paced financial services landscape. You will report to the Head of Technology Risk and collaborate with cross-functional teams across JPMC's Corporate & Investment Bank to embed robust risk controls into every stage of application development. Your core responsibilities will include leading the ARC framework, which classifies applications based on inherent risks such as data sensitivity, regulatory exposure, and operational impact. You will develop sophisticated risk models using advanced analytics to predict and mitigate potential vulnerabilities, ensuring alignment with JPMC's enterprise-wide risk appetite. This involves conducting thorough assessments, validating model outputs against real-world scenarios, and integrating findings into our governance processes. In the context of the UK's stringent regulatory environment, you will navigate frameworks like the PRA's operational resilience rules, while contributing to global initiatives that protect client data and maintain JPMC's reputation as a trusted financial leader. Beyond technical leadership, you will mentor junior team members, foster a culture of risk awareness, and partner with business stakeholders to balance innovation with prudence. This role offers the opportunity to influence JPMC's strategic direction in technology risk, working on high-impact projects that support our commitment to sustainable growth and client trust. If you thrive in a collaborative, intellectually stimulating environment and have a passion for leveraging technology to manage financial risks, this position at JPMorgan Chase in London is an ideal fit.

Key Responsibilities

• Lead the development and maintenance of Application Risk Classification (ARC) frameworks to identify and mitigate technology risks across JPMC's global platforms
• Design, implement, and validate risk models for application development, ensuring alignment with JPMC's enterprise risk management standards
• Collaborate with technology teams to integrate risk controls into software development lifecycles, including agile and DevOps practices
• Conduct risk assessments and audits for new and existing applications, providing recommendations to senior leadership
• Monitor regulatory changes and ensure ARC processes comply with evolving financial services regulations in the UK and EU
• Develop training programs and guidelines for teams on risk classification and model governance
• Analyze emerging technology risks, such as those from AI and cloud services, and propose mitigation strategies
• Report on key risk metrics and control effectiveness to JPMC's risk committees and executives
• Foster partnerships with business units to embed risk-aware decision-making in product development
• Drive continuous improvement in risk management tools and processes to enhance JPMC's technology resilience

Required Qualifications

• Bachelor's degree in Computer Science, Information Technology, Finance, or a related field; advanced degree preferred
• Minimum of 7-10 years of experience in technology risk management, controls, or compliance within the financial services industry
• Proven expertise in application risk classification frameworks and model development methodologies
• Strong understanding of regulatory requirements such as GDPR, Basel III, and UK PRA guidelines for technology risk
• Experience with risk assessment tools and methodologies in a large-scale banking environment
• Certifications such as CRISC, CISA, or equivalent in IT risk and controls
• Ability to work collaboratively in a global team environment with stakeholders across technology and business units

Preferred Qualifications

• Experience at a major financial institution like JP Morgan Chase or similar, focusing on tech risk in capital markets or corporate banking
• Knowledge of machine learning models for risk classification and predictive analytics
• Familiarity with JP Morgan's internal risk management systems and governance frameworks
• Prior leadership role in implementing risk controls for application development lifecycles
• Advanced proficiency in data privacy regulations specific to the EU and UK financial sector

Required Skills

• Expertise in technology risk assessment and control frameworks
• Proficiency in model development and validation techniques
• Strong knowledge of financial regulations and compliance standards
• Experience with data analytics and visualization tools (e.g., SQL, Python, Tableau)
• Understanding of application security and vulnerability management
• Excellent analytical and problem-solving abilities
• Superior communication and stakeholder management skills
• Leadership and team collaboration competencies
• Familiarity with agile methodologies and software development lifecycles
• Risk modeling using statistical and machine learning approaches
• Project management skills for cross-functional initiatives
• Attention to detail in auditing and reporting
• Adaptability to fast-paced, regulated environments
• Technical writing for policy and procedure documentation

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance coverage
• Generous retirement savings plan with company matching contributions
• Paid time off including vacation, sick leave, and parental leave
• Professional development opportunities through JPMC's internal training programs and tuition reimbursement
• Employee wellness programs, including gym memberships and mental health support
• Flexible working arrangements with hybrid options in London
• Global mobility support for career advancement within JPMC

JP Morgan Chase is an equal opportunity employer.