Senior Quantitative Risk Researcher – Cleared Derivatives

JPMorganChase; Jersey City (NJ); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorganChase in New Jersey seeks a Quantitative Research Senior Associate to develop models assessing CCP margin adequacy and support counterparty credit risk for cleared derivatives. You will collaborate with risk governance and technology teams to deliver production-ready solutions.

You will communicate results clearly to stakeholders and help manage the model lifecycle with a focus on rigorous analysis and governance within a global risk framework.

Qualifications

• Doctorate or master's degree in relevant field
• 3 years of experience in quantitative research or related role
• Proficiency in Python for model development and data analysis
• Strong understanding of cleared derivatives and risk management methodologies
• Excellent verbal and written communication skills
• Demonstrated attention to detail and ability to deliver across timelines
• Strong risk and control mindset with cross-team partnership

Responsibilities

• Develop expertise in quantitative topics related to CCPs and cleared derivatives
• Create models to assess margin adequacy for cleared derivatives
• Develop and enhance models to evaluate counterparty risk frameworks
• Build statistical models to assess counterparty credit risk
• Partner with risk governance and control teams to support model oversight
• Collaborate with technology partners to implement and deploy production-ready models
• Document assumptions, methodologies, and limitations clearly
• Communicate findings and recommendations to technical and non-technical stakeholders

Skills

Python

Statistical modelling

Communication

Attention to detail

Risk management mindset

Education

Master's or PhD in Financial Engineering

Tools

R

Job description

JPMorganChase in New Jersey seeks a Quantitative Research Senior Associate to develop models assessing CCP margin adequacy and support counterparty credit risk for cleared derivatives. You will collaborate with risk governance and technology teams to deliver production-ready solutions.

You will communicate results clearly to stakeholders and help manage the model lifecycle with a focus on rigorous analysis and governance within a global risk framework.