Quantitative Research - Credit - Vice President

JOB DESCRIPTION

The Credit QR team is responsible for developing and maintaining models for valuation, risk, PL calculations, as well as quoting and market making algorithms and analysis tools for the Global Spread business. The responsibilities of the team span the full range from new model specification, going through model approval, ensuring compliance with internal policies and industry regulations, implementation of model in library, to integration into risk and PL systems

Job Summary:

As a Vice President on the Quantitative Research (QR) Credit Team, you will focus on the Collateralized Loan Obligation (CLO) business, delivering analytics and ensuring that the QR team is providing analytical support to the primary CLO issuance desk. You will span all aspects of QR coverage, but there will be particular emphasis on the delivery of process automation tools, as well as analytics which can provide an edge and increase the amount of deals that the desk arranges.

Job Responsibilities:

• Streamline structuring and syndicate workflows to accelerate the automation agenda on the CLO primary desk.
• Leverage the vast amount of data available to proactively identify opportunities for the desk.
• Explore synergies with the secondary CLO trading desk.
• Document all ideas, and either directly implement proposed solutions or liaise with the broader team to achieve results.
• Collaborate with model control teams to facilitate timely and efficient review and approval of models.
• Demonstrate knowledge of the CLO market and the issuance/origination process.
• Execute effectively during developing market conditions.
• Interact with other sub-teams within Credit QR, as well as the broader CLO and Loan Financing team.

Required qualifications, capabilities, and skills:

• An advanced degree in math, statistics, physics, financial engineering, computer science or equivalent subject
• At least 3 years of experience supporting a fixed income market making desk or the same amount of time partially spent on sell-side and buy-side firm
• Exceptional analytical, quantitative and problem-solving skills
• Domain Knowledge and experience of the CLO or other structured products 
• Hands on experience in Machine Learning and AI.
• Strong software design and data science skills with Python knowledge and experience
• Pro-active attitude: should have a natural interest to learn about our business, models, and infrastructure
• Ability to work in a high-pressure environment
• Attention to detail and focus on quality of deliverable
• Excellent written communication skills are also required for meeting the high standards of the model documentation

Preferred qualifications, capabilities, and skills:

• Experience with Rating Agency model and Intex deal maker is a strong plus

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.