Quantitative Research - Markets Capital Product Specialist - Associate - JPMorgan Chase
New York, NY
About the Job
We are seeking a Quantitative Research professional who will Build models and infrastructure used for the risk management of Market Risk.
Job Summary
As a Quantitative Research professional, you will be working on in building financial engineering, data analytics, statistical modeling and portfolio management and partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls. We are looking for an experienced candidate to join our team in New York. The Quantitative Research Markets Capital (QRMC) team's mission is to build the models and infrastructure used for the risk management of Market Risk such as of VaR/Stress/FRTB. We also work closely with Front Office and Market Risk functions to develop tools and utilities for model development and risk management purposes.
Job Responsibility
+ Implementation of the next generation of risk analytics platform and assess model performance, perform back testing analysis and P&L attribution;
+ Improve performance and scalability of analytics algorithms and develop and enhance mathematical models for VaR/Stress/FRTB;
+ Assess the appropriateness of quantitative models and their limitations, identifying and monitoring the associated model risk;
+ Design efficient numerical algorithms and implementing high performance computing solutions;
+ Design and develop software frameworks for analytics and their delivery to systems and applications.
Required qualifications, capabilities, and skills
+ Advanced degree (PhD, MSc, B.Tech or equivalent) in Engineering, Mathematics, Physics, Computer Science, Financial Engineering etc.
+ Strong Python and/or C++ coding skills for model development
+ Data analytics using open-source Python packages (pandas / NumPy / scikit-learn)
+ Basic understanding of product knowledge across a range of asset classes - Credit, Rates, Equities, Commodities, FX & SPG;
+ Strong communication skills (both verbal and written) and the ability to present findings to a non-technical audience
Preferred qualifications, capabilities, and skills
+ Experience in securitized products trading or modeling
+ Experience in VaR/Stress/FRTB
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $99,750.00 - $177,000.00 / year
Job Summary
As a Quantitative Research professional, you will be working on in building financial engineering, data analytics, statistical modeling and portfolio management and partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls. We are looking for an experienced candidate to join our team in New York. The Quantitative Research Markets Capital (QRMC) team's mission is to build the models and infrastructure used for the risk management of Market Risk such as of VaR/Stress/FRTB. We also work closely with Front Office and Market Risk functions to develop tools and utilities for model development and risk management purposes.
Job Responsibility
+ Implementation of the next generation of risk analytics platform and assess model performance, perform back testing analysis and P&L attribution;
+ Improve performance and scalability of analytics algorithms and develop and enhance mathematical models for VaR/Stress/FRTB;
+ Assess the appropriateness of quantitative models and their limitations, identifying and monitoring the associated model risk;
+ Design efficient numerical algorithms and implementing high performance computing solutions;
+ Design and develop software frameworks for analytics and their delivery to systems and applications.
Required qualifications, capabilities, and skills
+ Advanced degree (PhD, MSc, B.Tech or equivalent) in Engineering, Mathematics, Physics, Computer Science, Financial Engineering etc.
+ Strong Python and/or C++ coding skills for model development
+ Data analytics using open-source Python packages (pandas / NumPy / scikit-learn)
+ Basic understanding of product knowledge across a range of asset classes - Credit, Rates, Equities, Commodities, FX & SPG;
+ Strong communication skills (both verbal and written) and the ability to present findings to a non-technical audience
Preferred qualifications, capabilities, and skills
+ Experience in securitized products trading or modeling
+ Experience in VaR/Stress/FRTB
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
New York,NY $99,750.00 - $177,000.00 / year
Source : JPMorgan Chase
