Compliance - Quant Modeling Senior Associate (Fair Lending) - Associate
On-site · Wilmington, Delaware, United States
Job Summary
Senior Associate, Quant Modeling within Risk Management and Compliance focused on fair lending. Responsible for performing statistical analyses and bias testing on models (traditional, ML/AI, Gen AI) to ensure fair lending compliance; develop data-driven algorithms with model developers and Legal; prepare presentations and reports for stakeholders; maintain model documentation and support regulatory exams. Requires strong quantitative background, Python and data tooling proficiency, experience with regression and ML/AI models, and prior exposure to banking/financial product underwriting and pricing; effective communication and project management skills are essential.
Required Qualifications
- Bachelor degree required in a quantitative field (e.g., Statistics, Economics, Computer Science, Engineering) with 4+ years of relevant work experience, or Graduate degree in a quantitative field with 3+ years of relevant work experience
- Proficiency in Python, shell scripting, cloud computing platforms and tools (e.g., AWS, Spark, Git/Bitbucket, DataBricks) and database systems (e.g., Snowflake, Hadoop, Teradata, Hive)
- Experience in developing, implementing and evaluating linear / logistic regression and machine learning / artificial intelligence models
- Experience working or consulting for a bank, a consumer financial product company such as a non-depository mortgage lender or fintech, a banking regulator (e.g., OCC, CFPB) or other similar government regulatory or enforcement agencies with knowledge of how consumer financial products such as mortgage and auto loans are underwritten and priced
- Strong project management, critical thinking and analytical skills; ability to work in a fast-paced environment and manage multiple projects towards completion with focus on quality
- Excellent communication skills both verbal and written; ability to communicate technical matters in a non-technical way & clearly present complex and sensitive issues
- To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co., will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit including optional practical training (OPT) or curricular practical training (CPT).
Additional Requirements
- Must be authorized to work in the United States; employer does not offer immigration sponsorship for this role
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