Model Risk Program Associate

JPMorganChase is seeking a Model Risk Program Associate to join its Risk Management and Compliance team within the Model Risk Governance and Review AI Center of Excellence. The role focuses on building AI- and LLM-based tools and workflows, enabling model risk teams to adopt emerging AI capabilities, and conducting independent validation and governance of AI/ML, LLM, and Generative AI models.

Responsibilities:

• Design, build, and deploy AI and LLM-based solutions that transform core MRGR processes and workflows during validation and governance
• Work closely with MRGR teams to identify opportunities for AI to enhance and modernize model risk management practices and to understand the unique challenges and requirements of model risk governance
• Remain current with emerging AI and LLM developments, get hands-on with new capabilities to understand their strengths and limitations, assess how they can be applied within MRGR workflows, and communicate actionable recommendations to stakeholders
• Enable MRGR teams to effectively leverage AI tools and platforms in their day-to-day workflows, ensuring adoption is aligned with evolving best practices across the organization
• Conduct independent model validation and governance activities to mitigate model risk, with a focus on AI/ML models, LLM-based applications, and Generative AI systems