Chase · 1 week ago
Data Scientist [Multiple Positions Available]
390 Madison Ave, New York, NY, 10017, US
Full-time
Onsite
Entry Level
$153K/yr - $170K/yr
1+ years expChase is one of the oldest financial institutions, offering innovative financial solutions to a wide range of clients. They are seeking a Data Scientist to develop quantitative models and algorithms for portfolio optimization and collaborate with various stakeholders to enhance investment strategies.
BankingFinancial Services
Responsibilities
Develop, implement and refine quantitative models and algorithms for large-scale portfolio optimization
Design and build scalable software solutions for portfolio analysis and optimization
Perform in-depth analysis to identify opportunities to improve performance of the optimizer
Collaborate with portfolio managers, quantitative researchers, product managers, and other stakeholders to understand investment strategies and translate them into technical requirements
Utilize data science methodologies to extract insights from financial data, identify trends, and inform portfolio construction decisions
Integrate and analyze large datasets from various sources to support model development and validation
Ensure the accuracy, efficiency, and robustness of software solutions through rigorous testing and validation
Address inquiries from daily trading activities and provide immediate solutions or algorithmic trading recommendations
Leverage machine learning and AI techniques to enhance portfolio optimization models and improve predictive accuracy
Lead junior machine learning research analysts in exploring state-of-the-art models and employing them to research projects
Document and communicate technical concepts and findings to both technical and non-technical audiences
Present research outcomes at meetings and conferences
Qualification
Required
Master's degree in Financial Engineering, Mathematical Finance, Operations Research, or related field of study plus One (1) year of experience in the job offered or as Data Scientist, Research Analyst, Quantitative Analyst, Quantitative Equity Investments, Sales Operations and Strategy Consultant, or related occupation
Experience with implementing quantitative and statistical techniques using Python modules including Pandas, NumPy, SciPy, Seaborn, Scikit-learn, Statsmodels, TensorFlow, PyTorch, and Matplotlib
Experience with building portfolio optimization process with Gurobi Optimizer programming
Experience with developer tools including Git version control
Experience using Jira to track project progress
Experience with financial capital markets and the structure, market behavior, and BARRA risk model for financial instruments including stocks, ETFs, and Mutual Funds
Experience assessing the impact of capital gains tax on investment decisions across all types of investors and applying optimization models to deliver tailored solutions for each scenario
Experience with relational database including PostgreSQL
Experience with machine learning concepts, including supervised and unsupervised learning, ensemble methods, and time series analysis
Experience with feature engineering, model selection, and hyperparameter tuning for machine learning models
Experience with application of supervised and unsupervised machine learning models in portfolio management and trading strategies
Experience ensuring accuracy, efficiency, and robustness of software solutions through testing and validation using python tools including pytest
Experience applying optimization models for tax optimized portfolio construction and direct indexing
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
Chase
Chase provides broad range of financial services. It is a sub-organization of JP Morgan Chase.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Mike McDonnell
Managing Director, Head of Chase Travel Platform Product
Nicole Sanchez
Managing Director, Consumer Bank, GM and Product Executive, Growth Financial Products
Recent News
Financial Sector Technology
2026-02-05
2026-02-05
Company data provided by crunchbase