Quant Trading Summer Analyst

J.P. Morgan; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

JPMorganChase invites a Summer Analyst to join a leading quantitative modeling group focused on systematic trading, data analytics, statistical modeling, and portfolio optimization.

You will collaborate with traders, technologists, risk managers, and sales across products and regions to support research, strategy deployment, and hedging, while building models and infrastructure for pricing and trading financial instruments.

Qualifications

• Enrolled in a Bachelor's or Master’s 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.

Skills

Python

C++

Analytical skills

Research skills

Teamwork

Communication

Education

Bachelor's or Master's in math/stats/engineering/CS

Job description

JPMorganChase invites a Summer Analyst to join a leading quantitative modeling group focused on systematic trading, data analytics, statistical modeling, and portfolio optimization.

You will collaborate with traders, technologists, risk managers, and sales across products and regions to support research, strategy deployment, and hedging, while building models and infrastructure for pricing and trading financial instruments.