2027 Quantitative Research - Risk and Treasury - Off-Cycle - Associate - London

Aumni; Greater London; On-site; GBP 17,000 - 28,000; Full time

Job summary

JPMorganChase is seeking an off-cycle Quantitative Research – Risk and Treasury intern within its Quantitative Modeling Program. You’ll apply advanced math, develop models, and work alongside leading professionals to tackle real-world financial challenges, with potential offers upon program completion.

You will analyze data, back test strategies, and help maintain risk and treasury software while collaborating across teams to enhance models and solutions across asset classes.

Qualifications

• Enrolled in a PhD program and graduating between September 2026 and March 2028.
• Proficiency in Python, and/or C++ programming.
• Strong modeling, analytical, quantitative, and problem-solving skills.
• Excellent communication for presenting complex concepts.
• Interest in banking analytics, global markets, and quantitative research.
• Ability to thrive in a fast-paced, collaborative environment.

Responsibilities

• Analyze data to identify patterns and trends.
• Back testing and assess strategies.
• Maintain and improve risk and treasury software.
• Assess models for soundness, risk and enhancements.
• Propose solutions to complex challenges.
• Collaborate with internal teams on risk and treasury services.
• Focus on model development and design review.
• Develop, validate, and enhance mathematical models and algorithms.
• Optimize financial solutions across asset classes and instruments.

Skills

Python

C++

Analytical thinking

Quantitative modeling

Problem solving

Communication skills

Education

PhD program in mathematics, statistics, physics, engineering, computer science, economics, or data science/machine learning

Tools

R

MATLAB

SQL

Job description

Job Description

At JPMorganChase, we champion your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you are passionate, curious and ready to make an impact, we are looking for you.

Job Summary:

As a Quantitative Research – Risk and Treasury off-cycle intern in the Quantitative Modeling Program, you will work alongside top-tier professionals in a dynamic environment. You’ll apply academic knowledge to real-world financial challenges, gain hands-on experience, and build a valuable network. This program sets a solid foundation for your career, with potential full-time offers upon successful completion.

Job Responsibilities:

• Analyze data to identify patterns and trends.
• Conduct back testing and assess strategies.
• Maintain and improve software systems and tools for risk and treasury operations.
• Assess models for conceptual soundness, risks, and enhancements.
• Propose creative solutions to complex challenges.
• Collaborate with internal teams to advance risk and treasury services.
• Focus on model development and review of conceptual design.
• Develop, validate, and enhance mathematical models and algorithms.
• Optimize financial solutions across asset classes and instruments.

Required Qualifications, Capabilities, and Skills:

• Enrolled in a PhD program in mathematics, statistics, physics, engineering, computer science, economics, or data science/machine learning, graduating between September 2026 and March 2028.
• Proficiency in Python, and/or C++ programming.
• Strong modeling, analytical, quantitative, and problem‑solving skills.
• Excellent communication skills for presenting complex concepts.
• Interest in banking analytics, global markets, and quantitative research.
• Ability to thrive in a fast‑paced, collaborative environment.

Preferred qualifications, capabilities and skills

• Considerable experience with R, MATLAB, or SQL.
• Understanding of banking products, financial instruments, and market dynamics.
• Strong organizational skills for managing multiple projects.
• Ability to articulate complex quantitative concepts to diverse audiences.
• Familiarity with AI tools used in research and programming.

About you

We are looking for innovative problem‑solvers with a passion for developing complex solutions that support our global business.

Beyond that, what we’re most interested in are the things that make you unique: the personal qualities, outside interests and achievements beyond academia that demonstrate the kind of person you are and the difference you could bring to the team.

Join us

At JPMorganChase, we’re creating positive change for the diverse communities we serve. We do this by championing your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you are passionate, curious and ready to make an impact, we are looking for you.

What’s next?

We will review applications as they are received and extend offers on a rolling basis.

JPMorganChase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities.

©2025 JPMorgan Chase & Co. JPMorganChase is an equal opportunity and affirmative action employer Disability/Veteran

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.