Quantitative Trading & Research - Markets Treasury - Associate

JPMorganChase; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

JPMorganChase is seeking a Quantitative Research Associate to leverage data-driven solutions for managing liquidity, funding, and capital. This position involves leading the design of advanced models and collaborating with various teams to implement analytical frameworks.

The ideal candidate will possess a Master's degree in a quantitative field, expert programming skills in Python, and the ability to communicate complex insights effectively. The role provides an opportunity to influence treasury management practices within a dynamic market.

Qualifications

• Experience in a quantitative role in finance.
• Exceptional analytical problem-solving abilities.
• Ability to master new business domains.

Responsibilities

• Design frameworks for complex data analytics.
• Lead data analysis initiatives for decision-making.
• Engage with leadership to optimize financial allocations.

Skills

Expert-level programming in Python

Quantitative analysis

Communication skills

Market understanding

Education

Master's degree in a quantitative discipline

Tools

Java

Job description

Overview

Quantitative Research (QR) is an expert quantitative modelling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modelling and portfolio management. As a global team, QR partners with traders, marketers and risk managers across all products and regions.

Job Summary

As an Associate in the Quantitative Research (QR) team, you will deliver on data-driven solutions and complex challenges related to the management and reporting of liquidity, funding, and capital. You will lead the team in designing and implementing advanced models to assess risk, as well as developing tools to predict and explain P&L. You will work closely with the Markets Treasury team as well as our technology partners. This position offers exposure to large-scale data analytics, the application of AI, automation of reporting processes, and the creation of actionable insights for senior management and cross-functional teams. You will collaborate with stakeholders across markets and technology to drive innovative solutions. This role provides a unique opportunity to enhance treasury management practices and support strategic objectives in a fast-paced, evolving market environment.

Job Responsibilities

• Architect and oversee the design of advanced frameworks for complex data analytics ensuring scalability, security, and maintainability.
• Lead sophisticated data analysis initiatives, deriving insights from large and diverse financial datasets to inform strategic decision-making and drive business outcomes.
• Design, implement, and manage end-to-end analytics solutions and user tools, setting standards for best practices and maximizing value delivered to stakeholders.
• Engage with leadership and business teams to proactively identify opportunities for optimizing financial resource allocation and quantify the impact of proposed initiatives.
• Establish and nurture partnerships with technology teams to drive the development and scaling of innovative analytical frameworks and optimization strategies, influencing the firm\'s technology roadmap.
• Lead the automation strategy by identifying and transforming complex manual processes into efficient, scalable digital platforms, fostering a culture of continuous improvement.
• Build and maintain strong relationships with global Quantitative Research (QR) teams, driving global collaboration.

Required Qualifications, Capabilities, And Skills

• Experience within a quantitative role in finance
• Hold an advanced degree (Master\'s) or equivalent in a quantitative discipline such as Mathematics, Computer Science, Physics, or Engineering
• Demonstrate expert-level programming skills, particularly in Python, with experience leading development of large-scale, production-grade systems and mentoring others in best coding practices.
• Exhibit exceptional quantitative and analytical problem-solving abilities
• Markets experience and a comprehensive understanding of trading concepts, strategies, and terminology
• Possess outstanding communication skills, adept at engaging and influencing senior stakeholders on complex technical topics and translating technical concepts into actionable business insights.
• Demonstrate ability to master new business domains and adapting to evolving business priorities, proactively identifying areas for strategic growth and improvement.
• Apply strategic and creative thinking to both challenges and opportunities, driving continuous innovation and fostering a culture of forward-thinking problem solving.
• Champion robust system and solution architecture, ensuring rigorous testing, verification, and adherence to best practices in design and implementation across teams.

Preferred Qualifications, Capabilities, And Skills

• Demonstrate deep expertise in derivatives pricing theory and financial regulations, with a history of applying this knowledge to drive strategic initiatives and influence firm-wide practices.
• Possess a comprehensive understanding of bank balance sheet management and extensive experience solving complex financial optimization problems, contributing to strategic decision-making and resource allocation.
• Champion rigorous testing and verification methodologies, ensuring the reliability, accuracy, and resilience of analytical solutions and systems across the organization.
• Demonstrate programming skills in Java.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About The Team

J.P. Morgan\'s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.