Markets Quant Research Summer Internship

JPMorgan Chase & Co.; New York (NY); On-site; USD 55,000 - 83,000; Full time

Job summary

JPMorgan Chase & Co. in New York hosts a Summer Associate program within the Quantitative Trading & Research Market team. The role focuses on developing quantitative models, pricing, hedging, and deploying data-driven trading strategies across products and regions.

You will work with traders, technologists, and risk managers to translate research into market-ready applications, supporting algorithmic trading and portfolio optimization through research and collaboration.

Qualifications

• Enrolled in a PhD program in a relevant field (e.g., mathematics, statistics, physics, engineering, computer science, data science, or machine learning).
• Graduating between December 2027 and August 2028.
• Demonstrates computer programming experience (e.g., Python, C++, or another programming language).
• Demonstrates analytical, quantitative, and problem-solving skills.
• Demonstrates research skills (through coursework, projects, or academic work).
• Works effectively in a dynamic, collaborative environment.
• Presents findings clearly to non-technical audiences through written and verbal communication.
• Attends a college or university in the United States.

Responsibilities

• Develop and maintain mathematical models and cutting-edge algorithms, methodologies, and supporting infrastructure.
• Value and hedge financial transactions across a range of products, from flow products to complex derivative deals.
• Support quantitative modeling and research that inform trading strategies and decision-making.
• Collaborate with trading teams to translate research insights into practical market applications.
• Partner with quantitative researchers, technologists, traders, marketing, and risk managers across teams.
• Conduct alpha research, calibrate model parameters, and optimize pricing of financial instruments to support growth and market share.
• Manage risk in existing portfolios.

Education

PhD candidate in quantitative fields (math/ statistics/ physics/ engineering/ CS)

Graduating December 2027 - August 2028

Strong analytical and problem‑solving skills

Effective written and verbal communication

Ability to work collaboratively in a dynamic environment

Tools

Python

C++

Job description

JPMorgan Chase & Co. in New York hosts a Summer Associate program within the Quantitative Trading & Research Market team. The role focuses on developing quantitative models, pricing, hedging, and deploying data-driven trading strategies across products and regions.

You will work with traders, technologists, and risk managers to translate research into market-ready applications, supporting algorithmic trading and portfolio optimization through research and collaboration.