Quantitative Research - Trading Services - Associate

JOB DESCRIPTION

Quantitative Research (QR) is an expert group at J.P. Morgan specializing in stochastic and statistical modeling, data analytics, optimization, and other quantitative methods. In Securities Services, QR applies cutting-edge AI/ML techniques to fundamentally transform the way we do business.
 

Job Summary

As an Analyst or Associate in the Quantitative Research (QR) Trading Services team, you will support Agency Securities Finance Trading in tackling its most technically complex business problems. This could range from developing ML applications that make market-leading predictions, to leveraging LLMs, to handling vast data sets using J.P. Morgan's cloud capabilities. You will work in close partnership with the business to identify their most pressing pain points and iterate towards solutions that really work for them. Candidates with a strong quantitative background and a passion for solving real-world problems are encouraged to apply.

Job responsibilities

• Work with traders to develop AI/ML-driven analytics and automation that support their business goals
• Carry out model development from research and iterative testing through production deployment and ongoing support
• Perform large-scale analysis on our proprietary dataset
• Make business-focused, commercial recommendations through effective presentations to various stakeholders
• Partner with colleagues in Quantitative Research, Technology, and the Chief Data and Analytics Office (CDAO) to drive the Securities Services data and analytics strategy forward

Required qualifications, capabilities, and skills

• Advanced degree (PhD or MS) or equivalent in a quantitative field: Statistics, Mathematics, Physics, Computer Science, Engineering, etc.
• Candidates will be considered for an Analyst or Associate position depending on credentials and industry experience.
• Robust understanding of Machine Learning, Statistics, and Mathematics, both in fundamentals and in application.
• Excellent coding skills in Python and solid software engineering fundamentals; fluent command of NumPy, Pandas, Matplotlib, and scikit-learn.
• Proven track record of developing solutions to real-world data science problems, end-to-end from prototype to production.
• Effective verbal and written communication skills, and the ability to present technical information to a non-technical audience.
• Passion for learning, sharing knowledge, building collaborations, and getting things done.

Preferred qualifications, capabilities, and skills

• Candidates with experience in finance or working with financial data sets are preferred.

ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.