JPMorganChase · 15 hours ago
Quantitative Research [Multiple Positions Available]
270 Park Ave, New York, NY, 10017, US
Full-time
Onsite
Entry Level
$200K/yr - $285K/yr
1+ years expJPMorganChase is one of the oldest financial institutions, offering innovative financial solutions to a wide array of clients. They are seeking a Quantitative Research professional to develop mathematical models for risk analysis and enhance quantitative tools for financial products.
Asset ManagementBankingFinancial Services
Responsibilities
Develop mathematical models for Value at Risk (VaR) and Stress VaR for commodity, FX, and Rates exotics products
Develop and enhance quantitative tools in analyzing profit-and-loss function of financial products, and statistical properties of instruments' price drivers
Document modeling choices and corresponding statistical analysis
Develop on-going testing regimens to ensure that the models behave according to expectations through time
Collaborate with Model Risk Review & Governance during internal model review, and on-going model governance processes
Engage with Market Risk Governance, Market Risk Coverage, valuation-model developers and the trading desks to understand products and strategies
Design and develop software frameworks for analytics and their delivery to systems and applications
Qualification
Required
Master's degree in Financial Engineering, Finance, Mathematics, or related field of study plus one (1) year of experience in the job offered or as Quantitative Research, Quantitative Analyst, Financial Analyst, Market Risk, Regulatory/Capital Reporting, or related occupation
One (1) year of experience with performing statistical testing using independence tests, chi-square tests, regression, classification, correlation, p-value, and time series analysis including stationarity, moving average, and autocorrelation techniques
One (1) year of experience with performing data structuring, data manipulation, and data queries on financial data using Python and SQL
One (1) year of experience with performing data analysis and visualizations using Python Pandas, Jupyter, scipy, numpy, and matplotlib
One (1) year of experience with option pricing techniques using Black-Scholes model and Put-Call parity
One (1) year of experience with probability theory, Monte Carlo Simulations, Brownian motion, and stochastic differential equations applied to financial products
One (1) year of experience with testing mathematical models on Value at Risk (VaR) and explaining market risk to market risk management
One (1) year of experience with calculating VaR and stress VaR
One (1) year of experience with analyzing VaR model performance
One (1) year of experience with explaining profit and loss of financial products to market risk management and identifying major driving risk factors
One (1) year of experience with explaining model behaviors and presenting testing results to clients and stakeholders
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
2026-01-23
2026-01-22
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