Quantitative Trading & Research - Residential Finance - Associate

JP Morgan Chase; New York (NY); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Health care

Retirement plan

Tuition reimbursement

On-site wellness centers

Job summary

JPMorgan Chase in New York seeks an Analyst or Associate Desk Strategist for Residential Finance to join the Quantitative Trading & Research division. You’ll sit at the intersection of quantitative analytics and technology to support systematic funding and risk analytics powering a multi‑billion‑dollar warehouse lending business.

You will partner with the desk lead and cross‑functional teams to improve workflows and build institutional‑grade solutions that help the platform scale, with a focus

Qualifications

• Excellent communication and ability to collaborate across teams.
• Proficiency in Python.
• Strong SQL, database design and indexing knowledge.
• Understanding of data regression models.
• Ability to support quantitative risk calculations and stress testing.
• Experience partnering with cross‑functional stakeholders (e.g., Banking, Operations, Risk, Technology).

Responsibilities

• Enhance and evolve the automatic funding system to meet changing client needs.
• Determine loan eligibility, advance rates, funding spreads, and margins.
• Build and validate analytics for risk, stress testing, and loss expectations.
• Support regulatory requirements tied to fair value, capital, and disclosure obligations.
• Coordinate with Banking, Operations, Product Control, Risk and Technology across financing activities.
• Collaborate with cross‑functional teams to map workflows and implement improvements with advanced engines.

Skills

Python

SQL

Data regression models

Risk calculations

Cross-functional collaboration

C++/Java/C#

Job description

Description: As part of the residential warehouse lending team in the Quantitative Trading & Research division, you will be a part of build and enhancing the automated funding platform powering a multi‑billion‑dollar business.

Job Summary:

As an Analyst or Associate Desk Strategist for Residential Finance, you’ll sit at the intersection of quantitative analytics and technology, supporting the systematic funding and risk analytics that power a multi‑billion‑dollar warehouse lending business. You will partner closely with the desk lead and cross‑functional teams to improve workflow efficiency and build institutional-grade solutions that help the platform scale.

Job Responsibilities:

• Enhance and evolve the automatic funding system to meet changing client needs
• Ensure accurate determination of loan eligibility, advance rates, funding spreads, and margin levels
• Build and validate analytics for risk, stress testing, and loss expectations
• Support regulatory-related requirements tied to fair value, capital, and disclosure obligations
• Partner with Banking and Operations to map workflows, identify inefficiencies/risks, and implement improvements with LLM powered engines
• Coordinate with Banking, Operations, Product Control, Risk Management, and Technology across financing activities

Required Qualifications, Capabilities and Skills:

• Excellent communication skills and ability to collaborate effectively across teams
• Proficiency in Python
• Solid understanding of SQL, database design, and indexing
• Solid understanding of data regression model
• Ability to support quantitative calculations for risk, stress testing, and loss expectations
• Experience partnering with cross‑functional stakeholders (e.g., Banking, Operations, Risk, Technology)

Preferred Qualifications, Capabilities, and Skills:

• 2+ years of experience in residential mortgage markets (whole loans and securitized products)
• Experience with both Agency and Non-Agency mortgage assets
• Modeling experience (welcomed, not required)
• Proficiency in any of C++ / Java / C#

About JPMorgan Chase

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.

Equal Opportunity and Diversity

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.

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

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.

Full time