Asset & Wealth Management - Quantitative Research Analyst (Start ASAP)

Your role

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast-paced and challenging area? This is a unique opportunity for you to work in J.P. Morgan's team to partner with the Business to provide a comprehensive view.

As a Quantitative Research Analyst within the Asset & Wealth Management Risk Management team, you will be an integral part of a diverse group of innovative quantitative and market risk-oriented professionals. Your role will involve developing and maintaining risk measurement methodologies and performing analytics calculations. Additionally, you will be responsible for the continuous development of the Asset and Wealth Management Risk System (Newton), which is utilized by both Risk Management and Front Office stakeholders. They are looking for an analyst to join and partner with senior members of their team to embark on a journey of innovation to introduce and scale up data-driven risk analytics solutions through data science and machine learning techniques to transform their operations and business processes, strengthening the core value proposition of the system and expanding flexible analytical capabilities for the growth of Newton’s platform. 

Job responsibilities

• Contribute to the research and enhancement of the risk methodology for Asset and Wealth Management Risk Analytics. The methodology covers sensitivity, stress, VaR, factor modelling, and Lending Value pricing for investment (market), counterparty (credit), and liquidity risk.
• Work with peers and stakeholders to identify use cases and opportunities for Data Science to create value. Use your knowledge of Computer Science, Statistics, Mathematics and Data Science techniques to provide further insights into security and portfolio risk analytics.
• Assist with continuous improvements in their adopted Machine Learning and statistical techniques used in their data and analytics validation process.
• Collaborate, design, and deliver solutions that are flexible and scalable using the firm’s approved tools. 
• Prepare comprehensive model documentation for the Model Risk Governance and Review group to validate the models their team owns and uses, along with ongoing monitoring and backtesting.
• Contribute to the analysis of new and large data sets and assist with their onboarding, following their best practice data model and architecture using big data platforms.

About you

Required qualifications, capabilities, and skills

• Entry-level Data Scientist or equivalent role.
• A quantitative, technically proficient individual who is detail-oriented, able to multi-task, and work independently.
• Excellent communication skills.

Preferred qualifications, capabilities, and skills

• A strong understanding of statistics, applied AI/ML techniques, and a practical problem-solving mindset. Practical experience in financial markets in a quantitative analysis/research role within Risk Management, a Front Office role, or equivalent is a plus.
• Knowledge of asset pricing, VaR backtesting techniques, and model performance testing is a plus.
• Knowledge in modular programming in SQL, Python, ML, AWS Sagemaker and TensorFlow is preferred.
• A degree in a quantitative or technology field (Economics, Maths/Statistics, Engineering, Computer Science or equivalent) is preferred.

Benefits

Their wide-ranging benefits package offers an industry-leading selection of support to help employees care for their total well-being, financial future, career growth and the people who matter to them—at home and in their community. The benefits provided include:

• A comprehensive wellness program that covers everything from health screenings and free flu shots to a wide array of programs that help manage overall physical and mental health and well-being.
• Benefits that enhance employee’s financial health at every stage of life.
• Resources that help support you in your parenting journey, including 16 weeks of paid leave for the birth or adoption of a child — for all parents.
• 8 hours of paid time off annually for employees to volunteer in their communities.

Training & development

J.P. Morgan offers employees extensive training and development opportunities, including continuous learning through training programs, mentorships, and networking. These resources are designed to support skill development and foster lasting connections at every stage of their careers.

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Career progression

They provide programs, tools, and experiences to help employees achieve career goals and reach their full potential. With career mobility across various business areas and geographic locations, employees can explore new paths and grow into leadership roles that align with their aspirations. J.P. Morgan is committed to supporting professional growth and helping employees chart their paths to success. 

Sources

The following sources were used in researching this page:

• jpmorganchase.com/careers/explore-opportunities/students-and-graduates
• jpmorganchase.com/careers/work-with-us#benefits
• jpmorganchase.com/careers/grow-with-us
• youtube.com