Quantitative Research Associate - Investment Solutions Data Analytics And Modeling

JPMorganChase; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

JPMorganChase in Mumbai is seeking a Quantitative Research Associate to develop models for lending value and collateral requirements across portfolio lending, working with the Investment Solutions Data team.

You will collaborate with global partners to implement model improvements, conduct back-testing, and ensure governance and performance monitoring.

6+ years in risk modeling with a graduate quantitative degree; Python/SQL proficiency; CFA/FRM desirable; exciting exposure to capital markets.

Qualifications

• 6+ years in risk modeling or quantitative research focusing on Lending, Credit and Market risk.
• Graduate degree in a quantitative field such as Math, Statistics, Finance, Economics, or Engineering.
• Knowledge of equity, fixed income, and alternatives; strong time-series and modeling skills.
• Proficient in Python and SQL; ability to learn new tools quickly.
• Ability to manage data retrieval and modeling tasks; clear written and verbal communication.

Responsibilities

• Design, implement, and enhance models for determining lending value for tradable securities.
• Back-test model enhancements and demonstrate soundness of ideas.
• Independent validation and back-testing in line with regs and risk policies.
• Collaborate with Technology to implement model changes and perform testing.
• Conduct ad-hoc quantitative research and analysis.
• Manage multiple priorities in a dynamic professional setting.

Skills

Risk modeling

Quantitative research

Time series

Python

SQL

Communication

Lending

Finance

Education

MSc/MA in quantitative field

Tools

Python

SQL

Job description

Job Description:

Join a high-impact team shaping the future of lending solutions and the corresponding risk management. Leverage your quantitative expertise to develop innovative models and analytical frameworks to determine collateral requirements for portfolio lending. Be part of a collaborative environment where your insights directly influence lending decisions withing the Private Bank.

As a Quantitative Research Associate within the Investment Solutions Data, Analytics & Modeling team, you will develop and enhance analytical tools to estimate Loan to Value (LTV) for capital market securities. You will collaborate with global partners to implement model improvements and ensure robust governance and performance monitoring. Your work will drive data-driven decision-making and support the evolution of Portfolio level Lending Requirements.

JobResponsibilities:

• Design, implement, and enhance quantitative models and frameworks for determining lending value for a portfolio of tradable securities.
• Propose model enhancements and demonstrate its conceptual soundness via rigorous back-testing.
• Conduct independent validation and back-testing of existing and new lending value models, ensuring alignment with regulatory standards and internal risk policies
• Partner with Technology to design and implement cost-effective model changes, and conduct implementation testing.
• Conduct ad-hoc quantitative research and analysis.
• Manage multiple priorities in a dynamic professional environment.

Required qualifications, capabilities, and skills:

• Demonstrate 6+ years of experience in risk modeling, quantitative research with focus on Lending, Credit and Market risk.
• Hold a graduate degree in a quantitative discipline such as Math, Statistics, Finance, Economics, or Engineering.
• Exhibit knowledge of equity, fixed income, and alternative investment products.
• Apply strong quantitative modeling and time series analysis skills.
• Proficiency in programming languages such as Python and SQL, with a willingness to learn new tools.
• Manage financial data handling, retrieval, and modeling tasks effectively.
• Communicate complex concepts clearly in both written and verbal formats.

Preferred qualifications, capabilities, and skills:

• Actively pursuing or having completed the CFA or FRM certification.
• Demonstrate the understanding of lending business (collateral requirement, loan to value estimation, initial and maintenance margins, shortfall monitoring etc. for tradable securities).
• Adapt quickly to new analytical tools and technologies.

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 ourFAQsfor more information about requesting an accommodation.

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.