Model Developer, Model Risk and Development - (Jersey City, NJ)

JPMorgan Chase & Co. has an opening for a Model Developer, Model Risk and Development position in Jersey City, NJ. This position is mainly responsible for developing models in area of wholesale credit risk, participating in all aspects of quantitative activities ranging from researching, designing, prototyping, implementing and validating statistical models, tools and libraries, as well as business support. The employee may be required to collaborate with technology and the business on the implementation and integration of models into the firms delivery platforms. Work with other experienced modelers and business partners to enhance quantitative as well as business skills. No direct reports, and no managerial duties, or responsibilities. Individual contributor level position only. Employer will accept Masters degree in Statistics, Mathematical Finance, Mathematics, Operational Research or related quantitative field and one year of work background in job offered or in a data analyst-related occupation.