Software Engineer I

JP Morgan

2 - 5 years

Mumbai

Posted: 12/6/2024

Job Description

Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Software Engineer - Model Risk Governance & Review - Analyst at JPMorgan Chase within the Model Risk Governance & Review (MRGR) team, your role will involve the development of tools to enhance efficiency and minimize redundancy, including resource management and cost optimization tools. You will be responsible for supporting model reviewers and governance teams in creating independent testing and efficiency tools. Your focus will be on delivering top-notch solutions by prioritizing data controls, testing, and user experience, while continuously seeking feedback from users to align your efforts with their goals.

Bring your expertise to JPMorganChase. As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient. MRGR is a global team of modeling experts within the firm’s Risk Management and Compliance organization.  The team is responsible for conducting independent model validation and model governance activities to help identify, measure, and mitigate Model Risk in the firm. Within MRGR, the Chief Operating Office (COO) supports model risk stakeholders in their review and governance activities, and drives certain governance activities itself, with responsibility for: product ownership, process engineering and software development for model risk technology and analytics; model risk reporting; administration of oversight committees; project management of the review and governance pipeline; coordination of regulatory/audit deliverables including capital stress testing exercises; and general business management. Within COO, MRGR Analytics provides technology solutions for MRGR and its clients, assisting them in performing their tasks more efficiently, accurately, and with better control. Majority of the solutions are built within Athena (JPMorganChase’s proprietary framework using Python language), Tableau and QlikView/QlikSense frameworks.

Job responsibilities

  • Develop tools to automate various tasks in the model governance and review lifecycle.
  • Build various dashboard reports to help manage the body of work that MRGR deals with.
  • Translate the existing business requirements in model risk management space into business applications using applied development work mostly in Python using in-house built Python framework.
  • Build intelligent solutions to support the activities of MRGR staff.

Required qualifications, capabilities, and skills

  • A Bachelors or Masters degree in a Science, Technology, Engineering, or Mathematics discipline with significant exposure to computer programming.
  • Minimum 2 years of full stack application development.
  • Proficient in Python and knowledge of Tornado web framework / TypeScript / React required.
  • Good understanding of software architecture, object-oriented programming and design patterns.
  • Strong communication skills with the ability to interface with other functional areas in the firm on business requirements.
  • Risk and control mindset: ability to think critically, assess user needs and create design solutions to meet user needs.

Preferred qualifications, capabilities, and skills

  • Experience in working with large data sets.
  • Strong UI/UX designing skills.
  • Experience in model risk management or financial services space.

About Company

JP Morgan Chase & Co. is one of the world's largest and most prestigious financial institutions, headquartered in New York City. It operates in over 100 countries, providing a wide range of financial services including investment banking, asset management, commercial banking, and wealth management.The company serves corporations, governments, institutions, and individual clients, offering expertise in areas such as mergers and acquisitions (M&A), securities trading, and credit management. Known for its global reach and financial strength, JP Morgan is a leader in innovation and sustainability within the banking industry.

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