Summary written by Jobs Hindustan from JPMorgan Chase's advert and our data on 8,417 current jobs in India. How we check every job
At a glance
JPMorgan Chase has an opening for Quant Model Risk Analyst in Mumbai. It is a full-time role in Risk, Compliance & Legal, first listed on 31 October. The description mentions Statistics and Python. JPMorgan Chase has 285 other openings in India, 119 of them in Mumbai. Across all employers on Jobs Hindustan there are 78 Risk & Legal openings in Mumbai today; the typical one asks for 5 years.
Skills in this advert
How often each skill named in this advert appears across the 262 risk & legal jobs we list in India today. Python is the most widely requested (10% of jobs), while Statistics is the least common (6%). Widely requested skills are what employers expect as a baseline; rarer ones show what is special about this job.
Paste your resume and this advert into our resume match tool to see which of these words your resume already covers.
Before you apply
- Check it is still open. We found this job on JPMorgan Chase's Oracle Recruiting Cloud site on 31 October 2026 and checked it again 4 November at 5:47 am IST. When an employer takes a job down, we remove it at our next daily update.
- Check the location works for you. This role is based in Mumbai. If you would need to move, ask whether relocation support is offered.
- Tailor your resume. Use the advert's own words, such as Statistics and Python, wherever they are true for you. Our resume guide shows how.
- Know your notice period. If you are working now, recruiters will ask how soon you can join. Work out your last working day with our notice period calculator, and read our guide to notice periods and resigning.
- Understand any offer. The CTC in an offer letter is not what reaches your bank account each month. Our CTC to in-hand salary calculator gives a rough monthly figure, and our CTC guide explains each part.
- Apply only through JPMorgan Chase's own site. Our Apply button goes straight to JPMorgan Chase's Oracle Recruiting Cloud page. If anyone asks you to pay a registration fee, training fee or security deposit for this job, stop and check it with our scam checker. Read how to spot a fake job offer.
About hiring at JPMorgan Chase
JPMorgan Chase has 286 openings in India on Jobs Hindustan today across 5 cities. Most are in data & AI (73), finance & banking (71) and software & IT (71). The biggest locations are Bengaluru (150), Mumbai (120) and Hyderabad (32). None of them can be done fully from home, and 4% are open to freshers or interns. We collect JPMorgan Chase's jobs every day straight from its own careers system (Oracle Recruiting Cloud), never from job boards, agencies or consultants.
The employer's advert
This is JPMorgan Chase's own description of the job, copied word for word from its careers site. We have not edited it.
Show the full advert from JPMorgan ChaseHide the advert273 words
We are looking for a new member to join our Rates team in the Model Risk Governance and Review Group which is responsible for end-to-end model risk management across the firm.
As a Quant Model Risk Analyst you will assess and help mitigate the model risk of complex models used in the context of valuation, risk measurement, the calculation of capital, and more broadly for decision-making purposes. Additionally, you will have an opportunity for exposure to a variety of business and functional area as well as will work closely with model developers and users.
Job responsibilities
- Carries out model reviews: analyze conceptual soundness of complex pricing models, engines, and reserve methodologies; assess model behavior and suitability of pricing models/engines to particular products/structures
- Provides guidance on model usage and act as first point of contact for the business on all new models and changes to existing models
- Develop and implement alternative model benchmarks and compare the outcome of various models; Design model performance metrics
- Liaises with model developers, Risk and Valuation Control Groups and provide guidance on model risk
- Evaluates model performance on a regular basis
Required qualifications, capabilities, and skills
- Excellence in probability theory, stochastic processes, statistics, partial differential equations, and numerical analysis
- MSc, PhD or equivalent in a quantitative discipline
- Inquisitive nature, ability to ask right questions and escalate issues
- Excellent communication skills (written and verbal)
- Good understanding of option pricing theory (i.e. quantitative models for pricing and hedging derivatives)
-
Good coding skills, for example in C/C++ or Python
Preferred qualifications, capabilities, and skills
The following additional items will be considered but are not required for this role:
- Experience with Rates derivatives
Jobs Hindustan copied this listing from JPMorgan Chase's official careers site on 30 October 2026 and checked it again 4 November at 5:47 am IST. JPMorgan Chase never asks candidates for money. If anyone does, it is a scam.
Apply on JPMorgan Chase's site
Something wrong with this listing? Tell us and we will look into it.
Get risk & legal jobs in Maharashtra by email
Similar risk & legal jobs in Mumbai
Operations Risk and Controls Analyst
JPMorgan Chase
Bring your expertise to a globally connected operations team where you will strengthen oversight, improve controls, and grow through broad stakeholder partnership.
- Mumbai
NewCompliance Assurance Officer
Experian
Conduct end-to-end compliance assurance reviews, including planning, testing, fieldwork, and documentation in line with the annual assurance plan.
- Mumbai
- 3+ yrs
NewCompliance Analyst
Experian
Coordinate with regulators, auditors, and internal stakeholders during inspections, audits, and examinations, ensuring timely and accurate data submissions.
- Mumbai
- 3+ yrs
NewDivisional Risk and Control Analyst, AS
Deutsche Bank
The Private Bank combines Deutsche Bank's private clients business in Germany and its international business with private and commercial clients together with Wealth Management in a single…
- Mumbai
NewRisk Policy Intermediate Analyst
Citi
Gathers operational data from various cross functional stakeholders to examine past business performance. Identifies data patterns & trends, and provides insights to enhance business…
- Mumbai
- Hybrid
- 4+ yrs
New