JP Morgan Chase & Co.

Data Scientist [Multiple Positions Available]

JP Morgan Chase & Co.$232K — $285K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in Mathematics, Computer Science, Data Science, or related field.
  • 7 years of relevant experience with a Bachelor's or 5 years with a Master's.
  • Experience in financial domains for developing machine learning techniques.
  • Expertise in Natural Language Processing and deep learning models.
  • Proficiency in using large-scale data processing frameworks.

Responsibilities

  • Build and train machine learning models on large datasets.
  • Manipulate and extract value from structured and unstructured data.
  • Solve business use cases using forecasting and anomaly detection.
  • Perform data modeling experiments and extract statistical insights.
  • Create data models to ensure high quality and reduced redundancy.
  • Identify and adopt latest methodologies in implementations.

Benefits

  • Comprehensive health care coverage.
  • On-site health and wellness centers.
  • Retirement savings plan.
  • Backup childcare services.
  • Tuition reimbursement and mental health support.
Full Job Description
JOB DESCRIPTION

DESCRIPTION:

Duties: Build and train production grade machine learning models on large-scale datasets to solve business use cases. Use large-scale data processing frameworks to manipulate and extract value from both structured and un-structured data. Solve various business use cases involving forecasting and anomaly detection using Deep Learning models like Natural language Processing and Large Language Models. Perform data modeling experiments, evaluating against strong baselines, and extracting key statistical insights and/or cause and effect relations. Create data models using best practices to ensure high data quality and reduced redundancy. Identify opportunities to adopt to the latest methodologies into existing implementations and stay current on industry trends.

QUALIFICATIONS:

Minimum education and experience required: Bachelor's degree in Mathematics, Computer Science, Data science or related field of study plus seven (7) years of experience in the job offered or as Data Scientist, Financial Reporting Analyst, or related occupation. The employer will alternatively accept a Master's degree in Mathematics, Computer Science, Data science or related field of study plus five (5) years of experience in the job offered or as Data Scientist, Financial Reporting Analyst, or related occupation.

Skills Required: This position requires three (3) years of experience with the following skills: developing and deploying machine learning techniques in financial domains, including regression, classification, clustering, and time series analysis; designing and implementing financial engineering models to optimize stock borrow and loan strategies; developing and refining Natural Language Processing models to extract insights from unstructured text data; designing and tuning language models using deep neural networks to solve problems in areas including sequence prediction and language modeling; implementing transformer-based models, including BERT, GPT and Focal loss function; conducting Monte Carlo simulations for modeling and evaluating the impact of uncertainty and variability in firm's liquidity forecasts; performing matrix computations and applying linear algebra techniques to optimize algorithms and improve the efficiency of machine learning models; utilizing Spark, Hadoop, Shell Scripting, Pentaho and Qliksense Server Side Extensions to create Qlik plugins; Kubernetes and Spark on Kubernetes; and machine learning (ML) model deployment using Jenkins pipeline.

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.

Job Location: 575 Washington Boulevard, Jersey City, NJ 07310

Full-Time. Salary: $232,100 - $285,000 per year.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

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For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

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Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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