JP Morgan Chase & Co.

Quantitative Trading & Research - Portfolio - Associate

JP Morgan Chase & Co.$120K — $145K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in a quantitative field or Bachelor's with 2+ years of relevant experience.
  • Strong understanding of probability/statistics and derivatives pricing.
  • Demonstrated ability to develop new quantitative approaches.
  • Proficient programming skills in Python and/or C++.
  • Clear communicator with strong ownership and problem-solving skills.

Responsibilities

  • Design and develop models/analytics for pricing and managing XVA, Margin, and Counterparty Credit Risk.
  • Partner with Trading and Risk to translate business needs into quantitative solutions.
  • Provide ongoing production support including incident triage and root-cause analysis.
  • Own end-to-end delivery with Technology on implementation, testing, and deployment.
  • Drive model governance and continuous improvement with Model Validation.

Benefits

  • Collaborative work environment with engagement across Trading and Risk teams.
  • Opportunity to influence impactful quantitative model development.
  • Involvement in the full product lifecycle from research to deployment.
  • Exposure to cutting-edge financial technologies and practices.
  • Join a leading global organization in the investment banking sector.
Full Job Description
Job Description

We're seeking a highly motivated Associate or Vice President to join our Quantitative Trading & Research (QTR) team in New York. The role blends quantitative development with close engagement with Trading and Risk to deliver impactful solutions.

Position Summary:

As an Associate or Vice President on the Quantitative Trading & Research team, you will partner closely with both XVA trading and Counterparty Credit risk. You will help in developing of quantitative models to enhance pricing and risk management.

Job responsibilities
  • Design and develop models/analytics for pricing and management of XVA, Margin and Counterparty Credit Risk, from research to product deployment.
  • Partner with Trading and Risk to translate business needs into quantitative solutions, provide ongoing production support including incident triage and root-cause analysis.
  • Own end-to-end delivery with Technology on implementation, testing and deployment.
  • Drive model governance and continuous improvement in partnership with Model Validation, including documentation, controls, and ongoing performance monitoring.


Required qualification, capabilities, and skills
  • Advanced degree in a quantitative field (or Bachelor's with 2+ years relevant experience).
  • Strong understanding of probability/statistics and derivatives pricing; demonstrated ability to develop new quantitative approaches.
  • Strong programming in Python and/or C++;
  • Clear communicator with strong ownership, problem-solving skills, and ability to thrive in a fast-paced, collaborative environment.


Preferred qualification, capabilities, and skills
  • Agentic AI and data pipeline/processing experience a plus.
  • Product development lifecycle experience a plus.


About the Team

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.

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.

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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.

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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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