Quantitative Research Associate - Investment Solutions Data, Analytics & Modeling

JPMorganChase; Mumbai; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

JPMorganChase in Mumbai seeks an experienced risk modeler to develop and validate lending value models for a portfolio of tradable securities within Private Bank risk management. You will back-test and enhance models, ensuring regulatory alignment and robust analytics.

The role demands strong time-series skills, experience across equity, fixed income and alternatives, and proficient Python/SQL programming. Collaboration with technology and risk teams is essential.

Qualifications

• 6+ years of experience in risk modeling, quantitative research with focus on Lending, Credit and Market risk.
• Graduate degree in a quantitative discipline such as Math, Statistics, Finance, Economics, or Engineering.
• Knowledge of equity, fixed income, and alternative investment products.
• Strong quantitative modeling and time series analysis skills.
• Proficiency in programming languages such as Python and SQL, with a willingness to learn new tools.

Responsibilities

• 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.

Skills

Risk modeling

Quantitative research

Time series analysis

Communication skills

Lending portfolio knowledge

Education

Graduate degree in Math/Statistics/Finance/Economics/Engineering

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.

Job Responsibilities

• 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.

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.