Quant Modeling Assoc

JPMorganChase; Bengaluru; On-site; INR 1,200,000 - 1,900,000; Full time

Job summary

JPMorganChase's Asset & Wealth Management Risk Analytics team seeks a highly quantitative professional to advance risk methodologies across market, credit, and liquidity risk. The role includes documenting models for governance, monitoring, and back testing, and contributing to AI/ML enhancements in data validation and analytics platforms.

The candidate will analyse large datasets, align with data architecture standards, and apply statistical methods to improve model performance.

Qualifications

• Highly quantitative, technically proficient, detail-oriented and able to multi-task.
• Strong understanding of advanced statistics and applied AI/ML techniques.
• Good understanding of equity and fixed income products and markets.

Responsibilities

• Contribute to research and enhancement of risk methodology for AWM Risk Analytics.
• Prepare model documentation for Model Risk Governance and Review group, with monitoring and back testing.
• Assist with AI/ML/statistical techniques in validation processes.
• Analyse large datasets and onboard them following best practice data models.

Skills

Quantitative

Statistics

Python

ML techniques

TensorFlow

Communication

Independent work

Multi-tasking

Equity and fixed income knowledge

Problem solving

Education

Quantitative degree (Economics, Maths/Statistics, Financial Engineering)

Tools

Python

TensorFlow

ML frameworks

Job description

• Contribute to the research and enhancement of the risk methodology for AWM Risk Analytics. The methodology covers sensitivity, stress, VaR, factor modeling, and Lending Value pricing for investment (market), counterparty (credit), and liquidity risk.
• Prepare comprehensive model documentation for the Model Risk Governance and Review group to validate the models our team owns and uses, along with ongoing monitoring and back testing.
• Assist with continuous improvements in our adopted AI/ML and statistical technics used in our data and analytics validation process.
• Contribute to the analysis of new and large data sets and assist with their onboarding, following our best practice data model and architecture using big data platforms.

Job Description

What You'll Do

• Contribute to the research and enhancement of the risk methodology for AWM Risk Analytics. The methodology covers sensitivity, stress, VaR, factor modeling, and Lending Value pricing for investment (market), counterparty (credit), and liquidity risk.
• Prepare comprehensive model documentation for the Model Risk Governance and Review group to validate the models our team owns and uses, along with ongoing monitoring and back testing.
• Assist with continuous improvements in our adopted AI/ML and statistical technics used in our data and analytics validation process.
• Contribute to the analysis of new and large data sets and assist with their onboarding, following our best practice data model and architecture using big data platforms.

What We're Looking For

• A highly quantitative, technically proficient individual who is detail-oriented, able to multi-task, and work independently.
• A strong understanding of advanced statistics applied AI/ML techniques, and a practical problem-solving mindset.
• Good understanding of equity and fixed income (rates and credit) products and financial markets.
• Excellent communication skills.
• Possess in-depth knowledge of asset pricing, VaR backtesting techniques, and model performance testing is a plus.
• Knowledge in modular programming in Python, ML, and TensorFlow is a plus.
• A degree in a quantitative field (Economics, Maths/Statistics, Financial Engineering, or equivalent) is preferred.

Why Join Us?

We offer a vibrant and inclusive workplace that benefits from the perspectives and talents of our diverse team. We encourage open dialogue and professional growth. Join us and be a part of a global organization that is redefining the world of asset and wealth management.

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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.

About The Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.