JP Morgan Chase & Co.

Quantitative Research [Multiple Positions Available]

JP Morgan Chase & Co.$200K — $285K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's or PhD in relevant quantitative fields
  • 2 years of experience in quantitative roles, or none with PhD
  • Proficiency in C++ and Python for model implementation
  • Experience in developing and backtesting quantitative finance models
  • Strong statistical analysis skills using Python and Excel

Responsibilities

  • Develop advanced analytics and risk management tools for credit risk
  • Collaborate with business users and XVA modeling team
  • Design and implement quantitative methods and analytical tools
  • Provide modeling support to credit risk and collateral management groups
  • Leverage High Performance Computing (HPC) technologies
  • Automate data analytics to enhance operational processes

Benefits

  • Collaborative work environment with cross-functional teams
  • Exposure to cutting-edge technology in finance
  • Opportunities for professional development in quantitative fields
  • Use of advanced computing resources like cloud and GPU
  • Chance to work on innovative projects in risk management
Full Job Description
JOB DESCRIPTION

DESCRIPTION:

Duties: Develop state-of-the-art analytics and risk management tools for counterparty credit risk and margin. Interact with business end users and collaborate with the XVA modeling team. Design and implement cutting-edge quantitative methods and analytical tools, provide modeling support, and work with technologies across the entire model development lifecycle. Provide modeling support to end users from the Counterparty Credit Risk and the Collateral Management & Optimization groups. Leverage technology across the entire model development lifecycle from initial implementation to model deployment and release testing. Work with High Performance Computing (HPC), including cloud computing, GPU, and automatic differentiation. Automate and apply data analytics to improve processes.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Computational Finance, Mathematical Finance, Statistics, Quantitative Finance, Math, Physics, Computer Science, Computer Engineering, or related field of study plus 2 years of experience in the job offered or as Quantitative Research, Associate, Quantitative Associate, Quantitative Analyst, or related occupation. The employer will alternatively accept a PhD in Computational Finance, Mathematical Finance, Statistics, Quantitative Finance, Math, Physics, Computer Science, Computer Engineering, or related field of study and no experience in the job offered. 

Skills Required: This position requires experience with the following: Researching and developing quantitative finance models for derivative pricing and margin calculations; Supporting and backtesting margin models; Supporting trading functions and risk managers by explaining and troubleshooting quantitative models; Implementing quantitative models in object-oriented programming languages including C++ and Python; Retrieving financial data and performing statistical analysis using programming languages including Python and Excel.

Job Location: 270 Park Avenue, New York, NY 10017.

Full-Time. Salary:  $200,000 - $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.

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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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