JPMorganChase · 6 hours ago
Quantitative Research - SPG - Vice President
New York, NY
Full-time
Onsite
Mid Level
$200K/yr - $285K/yr
3+ years expJPMorganChase is one of the oldest financial institutions, offering innovative financial solutions to a wide range of clients. The Vice President in the Quantitative Research SPG team will lead the development of advanced quantitative models and analytical tools for Residential Mortgage-Backed Securities, collaborating with various teams to ensure proper model usage and infrastructure maintenance.
Asset ManagementBankingFinancial Services
Responsibilities
Lead the development and maintenance of advanced models for valuation, risk assessment, profit and loss (P&L) calculations, as well as algorithms for quoting and market making, utilizing sophisticated mathematical approaches
Ensure comprehensive documentation of all new models to comply with firm-wide model risk policies and procedures
Design and implement analytical tools to monitor market conditions in Residential Mortgage-Backed Securities (RMBS), enhancing decision-making processes
Conduct data queries and processing for RMBS prepayment and credit modeling, ensuring high-quality data analysis at the loan or facility level
Investigate and develop new techniques to improve mathematical and computational efficiency within modeling processes
Ensure appropriate model usage across a diverse range of business users and risk functions, providing guidance and training as needed
Build and optimize a robust platform for large-scale data analysis to support various modeling initiatives
Develop a new model library focused on achieving desired computational efficiency and usability
Oversee the maintenance and enhancement of existing infrastructure used for valuing and hedging financial transactions
Work closely with risk and model review groups to ensure proper model usage, conduct model reviews, and implement effective risk controls
Provide support to internal and external clients regarding their model usage, addressing inquiries and facilitating training as needed
Qualification
Required
3+ years of experience at the Vice President level
Proficient in Python and C++ for developing analytical tools and models
Skilled in working within a Linux shell environment, utilizing shell scripting for automation and data processing
Extensive experience in data analysis focused on mortgage and loan performance datasets, specifically analyzing prepayment and credit historical data at the loan or facility level
Expertise in developing econometric models to assess financial performance and risk
Proficient in conducting Monte Carlo simulations for risk analysis and forecasting
Experienced in developing logistic regression models to predict binary outcomes based on historical data
Knowledgeable in developing factor models, including Principal Component Analysis (PCA) and hazard rate models
Proficient in using statistical Python packages such as NumPy, Pandas, and StatsModels for data manipulation and statistical analysis
Benefits
Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching
Company
JPMorganChase
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.
10001+ employees
H1B Sponsorship
JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-02-01IPO
Leadership Team
Allison Beer
CEO of Card Services and Connected Commerce
Dan Mendelson
CEO, Morgan Health
Recent News
2025-12-19
2025-12-12
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