IBM

Industry Quantum Consultant

IBM$150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in STEM, PhD preferred
  • 5+ years experience in financial modeling within financial institutions or consulting firms
  • 5+ years experience in advanced analytics and data science
  • 5+ years of professional communication skills for diverse audiences
  • Understanding of quantum mechanics and quantum algorithms

Responsibilities

  • Identify quantum use cases in financial modeling and their business implications
  • Deliver financial and technical advisory services for clients' Quantum journey
  • Cultivate client relationships and establish the firm’s quantum presence in finance
  • Prepare active client engagements for use case commercialization in banking and insurance

Benefits

  • Healthcare coverage including medical, dental, vision, and mental health
  • Financial programs including 401(k) and employee stock purchase plans
  • Generous paid time off including holidays and vacation
  • Training resources for skill development and industry certifications
  • Participation in diverse employee resource groups and volunteer opportunities
Full Job Description
The emergence of large-scale quantum computing systems offers unprecedented opportunities to enhance complex models that empower businesses and entire industries to tackle challenging problems and redefine innovation from the ground up to establish competitive advantages in the quantum era. As a Quantum Industry Applications Consultant at IBM, you will be the essential link between deep industry knowledge, classical state-of-the-art approaches (incl. AI), and the potential application of quantum algorithms. You'll manage complex components of client engagements, from guiding stakeholders and technical teams to identifying quantum use cases to delivering quantum prototypes in close collaboration with quantum computational scientists and clients' SMEs. Are you ready to challenge the status quo and pave the path to unlock quantum's potential in real-world use cases

Your role and responsibilities

We have entered an exciting new era of information technology with commercial-grade quantum computers that expose a fundamentally different paradigm of representing and processing information. Built on the principles of quantum mechanics, they exploit complex and fascinating laws of nature that can serve as complementary "tools" to enrich our understanding of the world. Following major advancements in quantum technology, from quantum error mitigation protocols, quantum chip clustering and hybrid classical-quantum algorithms, we have entered the commercially relevant phase, where we embark business utility journeys with scalable enterprise solutions that adopt to quantum technology advances in concert with those in classical AI and high-performance computing.

The financial sector is known for its wealth of complex and dynamically evolving business challenges with a long track record of leveraging advances in technology to develop new innovative solutions that produce business opportunities, trust and competitive customer services. At the core of these challenges or business problems are often statistical models that attempt to extract and generalize relevant information from data to provide guidance in financial decision-making processes - from managing risk, financial crime, investments to personalized customer experience. However, all of these models are exposed to trade-offs that are rooted in the probabilistic nature of financial market and customer data with scarce, skewed and evolving patterns and fundamental limitations of classical statistics and algorithms based on limited information processing capabilities on classical computers. Quantum computing provides fundamentally different capabilities that complement classical ones and may offer new ways to address these grand challenges of finance.

IBM is looking for a Quantum Industry Applications Consultant who will provide finance (banking and insurance) industry-specific thought leadership and both technical & business advisory services as part of our world-leading Quantum team of experts. You will collaborate across a network of IBM researchers, computational scientists and other experts together with external parties to drive quantum computing opportunities for finance - from awareness, adoption to the identification of value-guided quantum use cases and respective multi-year innovation journeys in support of C-suite initiatives with strategic clients.

Responsibilities include:
* Identify quantum use cases in financial modelling (advancing data science / quantitative finance models), progress understanding of potential computational applications, and anticipate business value implications for clients within financial services.
* Deliver financial industry and technical advisory services to guide clients throughout their Quantum journey.
* Cultivate client relationships and establish quantum eminence within the financial services (banking and insurance) industry.
* Work on active client engagements to prepare for use case commercialization within the financial services (banking and insurance) industry.

Global travel will be required. Up to 60% or 3 days a week (home on weekends - based on project requirements).

Required education

Master's Degree

Preferred education

Doctorate Degree

Required technical and professional expertise

* 5 years of deep technical experience in financial modeling and its limitations in derived business decision processes in the financial sector, either as part of financial institutions (such as in retail banking, wealth management, corporate/institutional banking, asset management, investment banking) or as part of technical consulting firms for financial services.

* 5 years of applied technical and advanced analytics experience (e.g., statistical models, data science/AI, quantitative finance methods), with a thorough understanding of underlying methodology,

* 5 years of professional communications skills in presenting complex topics to different audiences at various abstraction levels (from technical to business executives). * STEM Master's Degree (PhD Degree is preferred)

* Fundamental understanding of quantum mechanics and quantum algorithms.

Preferred technical and professional experience

* PhD in Physics, Applied Mathematics, Computer Science, or Quantitative Finance

* 10 years of deep technical experience in financial modeling and its limitations in derived business decision processes in the financial sector, either as part of financial institutions (such as in retail banking, wealth management, corporate/institutional banking, asset management, investment banking) or as part of technical consulting firms for financial services.

OTHER RELEVANT JOB DETAILS

IBM offers a competitive and comprehensive benefits program. Eligible employees may have access to:

- Healthcare benefits including medical & prescription drug coverage, dental, vision, and mental health & well being

- Financial programs such as 401(k), cash balance pension plan, the IBM Employee Stock Purchase Plan, financial counseling, life insurance, short & long- term disability coverage, and opportunities for performance based salary incentive programs

- Generous paid time off including 12 holidays, minimum 56 hours sick time, 120 hours vacation, 12 weeks parental bonding leave in accordance with IBM Policy, and other Paid Care Leave programs. IBM also offers paid family leave benefits to eligible employees where required by applicable law

- Training and educational resources on our personalized, AI-driven learning platform where IBMers can grow skills and obtain industry-recognized certifications to achieve their career goals

- Diverse and inclusive employee resource groups, giving & volunteer opportunities, and discounts on retail products, services & experiences

We consider qualified applicants with criminal histories, consistent with applicable law.

This position was posted on the date cited in the key job details section and is anticipated to remain posted for 21 days from this date or less if not needed to fill the role.

IBM will not be providing visa sponsorship for this position now or in the future. Therefore, in order to be considered for this position, you must have the ability to work without a need for current or future visa sponsorship.

The compensation range and benefits for this position are based on a full-time schedule for a full calendar year. The salary will vary depending on your job-related skills, experience and location. Pay increment and frequency of pay will be in accordance with employment classification and applicable laws. For part time roles, your compensation and benefits will be adjusted to reflect your hours. Benefits may be pro-rated for those who start working during the calendar year.

About IBM

Sequent Computer Systems designs and manufactures multiprocessing computer systems based on Cache Coherent Non-Uniform Memory Access architecture, which are used primarily as application and database servers for commercial applications. Through a partnership with Oracle Corporation, Sequent became a dominant high-end UNIX platform in the late 1980s and early 1990s. Later it introduced a next-generation high-end platform for UNIX and Windows NT based on non-uniform memory access architecture, NUMA-Q. Sequent Computer Systems, Inc. was incorporated in 1983 and is based in Beaverton, Oregon. In July 1999 Sequent Computer Systems, Inc. was acquired by International Business Machines Corp.

IBM Careers

Joining IBM presents a prime opportunity to be part of our global team of professionals, leading the way in technological innovation and business solutions. At IBM, we offer more than just job opportunities; we provide a platform for growth, leadership development, and a chance to be at the forefront of industry innovation. Work You’ll Do At IBM, your work impacts global markets and helps reshape industries. As part of our team, you will contribute to projects that harness the power of cloud computing, AI, and blockchain technologies. With IBM, you are positioned to lead in the marketplace, leveraging our deep industry expertise and commitment to digital innovation. Transform Your Career IBM is not just a company; it's a culture of innovation and leadership. We are committed to diversity and providing an inclusive environment where all professionals can thrive. Joining IBM means being part of a team that values your unique skills and perspectives. IBM offers a variety of career paths, including full-time positions and internships, that allow you to explore your interests and develop new skills. Our professional development programs are designed to help you grow at every stage of your career, featuring robust training, certification support, and opportunities for advancement. Innovate with Us Engage in work that matters with a team of over 350,000 IBMers worldwide, driving progress in over 170 countries. At IBM, innovation isn’t just about technology, it’s about transforming how businesses operate and compete. Your work will deliver solutions that anticipate and fulfill the needs of our clients in an ever-evolving landscape. Be Part of a Great Team IBMers are diverse, talented, and globally connected. You’ll collaborate with thought leaders and industry experts who are shaping the future of technology. Our culture fosters creativity, teamwork, and the continuous pursuit of excellence. Networking and Professional Growth IBM is deeply invested in the professional growth of its employees. We encourage networking within the company to foster connections that can lead to greater innovation and career advancement. Our leadership is committed to providing every employee with the tools they need to succeed, from mentorship programs to diversity training. Explore Job Opportunities Whether you’re looking for an internship, a graduate role, or a leadership position, IBM offers a range of career opportunities. Our hiring process is designed to be transparent and fair, providing you with all the resources you need to succeed in your interview and resume preparation. Stay Connected Join Our Team Discover the various positions available that match your skills and interests. At IBM, we look for passionate, curious, and solution-driven team players. Explore our open positions and find where you can make a difference. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. See what exciting and rewarding opportunities await at IBM. Join IBM and be part of a legacy of leadership and innovation. Shape your future and build a career designed to last.
Learn more about IBM
Size
307,600 employees
Market Cap
$128 billion
Industry
Net Income
$5.5 billion
Founded
1911
5 Year Trend
-6.4%
Revenue
$73.6 billion
NASDAQ

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