JP Morgan Chase & Co.

Wealth Management Solutions, Investment & Research Team: Vice President Quantitative Researcher

JP Morgan Chase & Co. • $160K — $200K *
New York, NY 10017In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Advanced degree (PhD, MSc, or equivalent) in Mathematics, Physics, Statistics, Computer Science, or related quantitative field.
  • 7+ years of quantitative experience with strong understanding of probability theory and risk assessment.
  • Background in margin and lending, with knowledge of various financial products (equity, fixed income, commodities, etc.).
  • Familiarity with wealth management, including risk, compliance, and operational controls.
  • Proficient coding skills in Python.
  • Strong communication skills, able to articulate complex ideas clearly to stakeholders.
  • Ability to multitask and adapt in a dynamic work environment.

Responsibilities

  • Design, develop, and enhance quantitative models for lending value estimations.
  • Conduct empirical research to determine key risk drivers and integrate them into model design.
  • Set benchmarks and accuracy measures for model performance.
  • Develop in-depth understanding of lending business and collateral operations.
  • Evaluate strategy trade-offs and quantify impacts of methodology changes on product performance.
  • Collaborate with Technology and data teams to manage data sourcing and integration.

Benefits

  • Collaborative work environment across global teams in New York, London, and India.
  • Opportunities to work on executive-quality insights that shape business strategy.
  • Exposure to diverse functions including Investment Solutions, Risk, and Technology.
  • Focus on cutting-edge quantitative research that informs key business decisions.
Full Job Description
JOB DESCRIPTION

Primary Function:

The Solutions Investment & Research Team (“IRT”) manages the investment due diligence, governance, operational due diligence, and research analytics and data intelligence efforts for Wealth Management discretionary and advisory assets. The Investment & Research Team comprises individuals in New York, London, and India and is highly collaborative across teams and regions.

As a Vice President Quantitative Researcher in the Investment & Research Team, you will contribute to the design, development, and delivery of risk analytics and models, with a primary focus on collateral risk and lending value methodology. You will be expected to develop a deep understanding of the lending business, collateral functions, applicable regulations and policies.

In this role, you will partner across different functions (Investment Solutions, Credit operations, Risk, Lending, Technology and model risk management) to deliver executive-quality insights that inform product and business strategy.

Responsibilities:

  • Design, develop, and enhance quantitative models and analytics for lending value estimations, including frameworks that translate collateral characteristics into lending value and risk measures.
  • Perform empirical research to identify key risk drivers (market, liquidity, volatility, concentration, idiosyncratic risk) and incorporate them into model design.
  • Establish model performance benchmarks and accuracy measures.
  • Build deep domain expertise in the lending business, including collateral operations, margining workflows, and how collateral valuation impacts credit decisions and P&L.
  • Support product strategy by evaluating trade-offs (risk appetite vs. client competitiveness vs. operational feasibility) and quantifying impacts of methodology changes.
  • Partner with Technology and data teams to source, reconcile, and curate data

Qualifications:

  • Advanced degree (PhD, MSc, or equivalent) in Mathematics, Physics, Statistics, Computer Science, or a related quantitative field.

  • 7+ years of quant experience and deep understanding of probabilitytheory, risk/VaR and model assumptions/limitations.

  • Strong preference for candidate with background and experience in margin, lending and knowledge of financial products including equity, fixed income, commodity, HF, Private Investment, currency, and derivatives.

  • Preference for candidate with knowledge of wealth management businesses as well as risk, controls, and compliance.

  • Good coding skills in python

  • Good communication skills with the ability to clearly explain and defend domain concepts, methodologies, assumptions, and results to regulators and senior management, translating complex technical content into concise, decision-ready narratives.

  • Highly effective at multi-tasking and adapting to changing priorities in a dynamic business environment, and at continually assessing and reprioritizing focus on key priorities in delivering for the business

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.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

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.

Preparing Your Job Application

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
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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