2027 Consumer & Community Banking - Risk Modeling Associate Program - Summer Internship

JPMorgan Chase; Wilmington (DE); On-site; USD 47,000 - 69,000; Full time

Benefits offered by this job

Mentorship

Speaker series

Potential full-time offer

Job summary

JPMorganChase’s Consumer & Community Banking Risk Modeling Internship Program invites Ph.D. or Master’s students to work on advanced machine learning and data science projects. You’ll apply DL, RL, NLP, and time-series techniques to credit, fraud, and loan-loss concepts while collaborating with senior leaders and mentors.

The program nurtures growth through mentorship, speaker series, and potential full-time opportunities upon successful completion.

Qualifications

• Enrolled in a Ph.D. or 2-year Master’s program in math, science, engineering, CS or other quantitative field with expected graduation Dec 2027 through July 2028.
• Knowledge of ML/data science theory, techniques and tools.
• Knowledge and proficiency in Python.
• Excellent analytical, quantitative and problem-solving skills.
• Strong communication to present findings to non-technical audience.

Responsibilities

• Explore cutting-edge ML research with academia partners applying techniques to CCB data assets.
• Collaborate with stakeholders to drive model-driven transformations across business.
• Focus on DL, RL, NLP, Time Series, CV, and fairness of AI.
• Adhere to data handling protocols and governance policies.
• Work collaboratively within the team.

Skills

Python

Machine Learning

Data Science

Communication

Education

Ph.D. or 2-year Master’s in quantitative field

Expected graduation Dec 2027–July 2028

Tools

PyTorch

XGBoost

SQL

Hadoop

PySpark

C++

Job description

Consumer & Community Banking Risk Modeling Internship Program.

Our AI and Data Science teams combine data science, research, and industry expertise to develop innovative solutions for complex financial challenges. By leveraging technologies like AI, blockchain, big data, machine learning, and robotics, we enhance customer and client experiences and promote impactful, real-world applications in a collaborative, entrepreneurial environment.

As a Summer Intern within the Consumer and Community Banking (CCB) Risk Modeling teams, you will build advanced solutions in areas such as credit decision, fraud detection, and loan loss reserve. Throughout the internship program, your professional growth and development will be nurtured through project work aligned with your academic and professional interests, mentorship, and engaging speaker series with senior leaders. Successful completion of the program may lead to full-time employment offers.

Job Responsibilities

• Explore cutting-edge research in partnership with leading academic institutions, applying the latest Machine Learning techniques or Data Science Theories to CCB's unique data assets


• Collaborate with stakeholders to drive model-driven transformation across business


• Focus on Deep Learning, Reinforcement Learning, Natural Language Processing, Speech/Voice Analytics, Time Series, Computer Vision, Cryptography, and Interpretability, and Ethics and Fairness of AI


• Follow the protocol and procedures when dealing with sensitive data, and firm's policy and guideline when interacting with control and governance bodies


• Work with other team members in a collaborative and inclusive manner

Required qualifications, capabilities and skills

• Enrolled in a Ph.D. or 2-year Master's degree program in math, science, engineering, computer science or other quantitative fields with an expected graduation date of December 2027 through July 2028.


• Knowledge of machine learning / data science theory, techniques and tools


• Knowledge and proficiency in Python


• Excellent analytical, quantitative and problem-solving skills and demonstrated research ability


• Strong communication skills and the ability to present findings to a non-technical audience

Preferred qualifications, capabilities and skills

• Experience with modern machine learning tools such as PyTorch and XGBoost


• Experience with data tools such as Hadoop, PySpark and SQL


• Experience with Java, C++, C#, Rust an additional bonus


• Knowledge in Reinforcement, Meta, Graph or Transfer learning


• Knowledge in newer deep learning architecture such as Transformer or Mamba


• Knowledge in advanced mathematics arising in financial modeling such as Probability Theory, Monte-Carlo Simulation, Markov Chain and Econometric Theories

We will be filling our classes on a rolling basis.

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..