Quantitative Trading & Research - RMBS Underwriting - Analyst

JPMorgan Chase; New York (NY); On-site; USD 110,000 - 125,000; Full time

Job summary

JPMorgan Chase in New York is seeking an Analyst on the Quantitative Trading and Research team to build analytics and tooling for RMBS deal execution. You will work with underwriting, structuring, financing, banking, trading, risk and technology to evaluate collateral, price risk, source clients, and execute transactions.

The role emphasizes hands-on engineering with production-quality tooling and scalable analytics, requiring strong Python skills and a genuine interest in financial markets.

Qualifications

• Bachelor’s or master’s degree in a quantitative field (computer science, mathematics, statistics, engineering, physics, economics/finance, or related).
• Excellent programming skills (Python required).
• Strong quantitative foundation and interest in financial markets.
• Excellent communication skills and ability to partner effectively with technical and non‑technical stakeholders.
• Self‑motivated with strong critical thinking, ownership, and attention to detail.

Responsibilities

• Manipulate large datasets to produce systematic analyses and repeatable outputs delivered directly to the desk.
• Develop tools and quantitative analyses to drive decision making related to RMBS underwriting, pricing, structuring, and securitization deal execution.
• Build and enhance scalable desk tooling that improves the efficiency, reliability, and usability of analytics and models in a live deal environment.
• Assist in the development and maintenance of internal valuation, scenario analysis, and risk frameworks as applicable.
• Collaborate with technology and internal teams to integrate tools with desk systems and data platforms; ensure solutions are robust and maintainable.
• Apply strong engineering discipline (testing, documentation, version control) and leverage firm‑approved AI‑assisted development where appropriate to accelerate delivery.

Skills

Python

Education

Bachelor's/Master's in quantitative field

Tools

SQL

Job description

Position Summary

Join our dynamic team as a Desk Strategist supporting a market‑leading RMBS underwriting business. As an Analyst within Quantitative Trading and Research (QTR), you will work closely with underwriting, structuring, financing, banking, trading, risk, and technology to build cutting‑edge analytics and tooling that shape how the business evaluates collateral, prices risk, sources clients, and executes transactions.

As an Analyst on the Quantitative Trading & Research Team, you will sit at the intersection of quantitative research, modern engineering, and front‑office Residential Mortgage‑Backed Securities (RMBS) deal execution, offering direct exposure to senior underwriting, structuring, banking and trading partners on complex transactions. You are a hands‑on builder with strong Python skills and a genuine interest in financial markets and will be a primary asset in shaping the team’s future analytics and workflows by delivering scalable, production‑quality tools and analytical/pricing solutions that improve decision‑making, drive profitability, and support optimal deal execution.

Job Responsibilities

• Manipulate large datasets to produce systematic analyses and repeatable outputs delivered directly to the desk.
• Develop tools and quantitative analyses to drive decision making related to RMBS underwriting, pricing, structuring, and securitization deal execution.
• Build and enhance scalable desk tooling that improves the efficiency, reliability, and usability of analytics and models in a live deal environment.
• Assist in the development and maintenance of internal valuation, scenario analysis, and risk frameworks as applicable.
• Collaborate with technology and internal teams to integrate tools with desk systems and data platforms; ensure solutions are robust and maintainable.
• Apply strong engineering discipline (testing, documentation, version control) and leverage firm‑approved AI‑assisted development where appropriate to accelerate delivery.

Required Qualifications, Capabilities, and Skills

• Bachelor’s or master’s degree in a quantitative discipline (computer science, mathematics, statistics, engineering, physics, economics/finance, or related).
• Excellent programming skills (Python required).
• Strong quantitative foundation and interest in financial markets.
• Excellent communication skills and ability to partner effectively with technical and non‑technical stakeholders.
• Self‑motivated with strong critical thinking, ownership, and attention to detail.

Preferred Qualifications, Capabilities, and Skills

• SQL knowledge is a plus.
• Prior financial markets experience is helpful.
• Prior mortgage / structured products knowledge is helpful.
• Experience building reusable tools used by others (not just one‑off analysis).

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

Base Pay/Salary

New York, NY $110,000.00 - $125,000.00 / year