Quantitative Research [Multiple Positions Available]
J.P. Morgan
DESCRIPTION:
Duties: Guide cross-functional teams in strategic initiatives to enhance product innovation, optimize valuation techniques, and implement advanced risk management strategies across global markets. Architect and deploy risk analytics platforms, focusing on real-time data integration, advanced model performance assessment, and dynamic P&L attribution. Pioneer the optimization of analytics algorithms, utilizing machine learning and artificial intelligence to enhance the accuracy and scalability of financial models. Design and implement computing solutions, enabling processing of financial data and enhancing computational capabilities. Establish a model risk governance framework, conducting rigorous evaluations of quantitative models, identifying potential limitations, and implementing robust risk mitigation strategies. Drive initiatives to ensure compliance with evolving regulatory requirements, while fostering a culture of innovation and continuous improvement in financial analytics. Spearhead the development of financial engineering solutions, leveraging advanced data analytics and statistical modeling to ensure business growth and stability. Develop and integrate software frameworks for analytics, ensuring seamless delivery and integration with enterprise systems and applications, and driving innovation in financial technology.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Finance, Financial Engineering, Economics, Statistics, Mathematics, or related field of study plus 3 years (36 months) of experience in the job offered or as Quantitative Research Associate or related occupation. The employer will alternatively accept a Bachelor's degree in Finance, Financial Engineering, Economics, Statistics, Mathematics, or related field of study plus 5 years (60 months) of experience in the job offered or as Quantitative Research Associate or related occupation.
Skills Required: This position requires experience with the following: Manipulating and analyzing data Python and C++; using libraries including Numpy, Scipy, and Pandas; Processing data sets using data containers, multithreading, and multiprocessing in PySpark and Tensorflow; Developing robust financial software solutions using data structures, standard algorithms, and Object-Oriented Programming; Creating financial quantitative analysis tools that deploy as REST APIs utilizing data structures, algorithms, and Object-Oriented Programming design principles; Developing financial quantitative analysis frameworks using React, Spark, JavaScript, TypeScript, and SQL; Applying mathematical and statistical techniques to real-world financial problems; Implementing and optimizing machine learning models for financial applications; Modeling and valuing financial instruments, financial products, and derivatives valuation models, using probability theory, financial mathematics, and stochastic calculus; Analyzing the pricing of financial instruments including bonds, equities, loans, mortgages, securitized products, and interest rate swaps and their valuation.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. In addition, please visit: https://careers.jpmorgan.com/us/en/about-us.
Job Location: 545 Washington Boulevard, Jersey City, NJ 07310.
Full-Time. Salary: $210,000 - $285,000 per year.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Guide cross-functional teams in strategic initiatives to enhance product innovation, optimize valuation techniques...