Job Description
CCOR Fair Lending Quant Modeling Associate Senior
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase solid and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
Compliance's Office of Fair Lending
JPMorgan Chase and Co. (JPMorgan Chase) is committed to provide fair, equitable, and nondiscriminatory access to credit for both individuals and communities. This commitment is part of our fundamental mission of providing quality financial services to existing and prospective customers in accordance with all applicable laws and serving unique customers. To accomplish this, the Office of Fair Lending (OFL) has a very robust Fair Lending function that oversees firm's compliance with fair lending laws.
Job Summary
Office of Fair Lending is seeking a qualified Fair Lending Quant Modeling Associate Senior to perform statistical analyses to detect & mitigate bias in line-of-business models. This individual will also participate in bias testing-related research projects to support & enhance the bank's fair lending compliance program.
Job Responsibilities
As a Fair Lending Quant Modeling Associate Senior in this high-visibility role, you will:
- Conduct statistical analyses and bias testing to review business models, including both traditional and machine learning / artificial intelligence models (ML/AI),for fair lending compliance
- Build data-driven algorithms to mitigate potential disparate impact of models by working alongside model developers, business strategy owners & Legal to develop less discriminatory alternative models
- Prepare presentations & reports to explain statistical results in both non-te