Wealth Management Solutions, Investment & Research Team: Vice President Quantitative Researcher

JP Morgan Chase; New York (NY); On-site; USD 180,000 - 320,000; Full time

Benefits offered by this job

Competitive total rewards package

Health and retirement benefits

Job summary

JPMorgan Chase is seeking a Vice President Quantitative Researcher within the Investment & Research Team in New York. The role focuses on designing and delivering risk analytics and models for collateral risk and lending value, collaborating across Investment Solutions, Credit operations, Risk, Lending, and Technology.

You will develop deep domain knowledge of the lending business, collateral processes, and regulatory considerations, while communicating complex results to senior management and

Qualifications

• PhD or MSc in Mathematics, Physics, Statistics, CS or related quantitative field.
• 7+ years of quant experience with probability theory, risk/VaR, and model assumptions.
• Strong knowledge of margin, lending, and financial products.

Responsibilities

• Design, develop, and enhance quantitative models for lending value and risk.
• Identify key risk drivers and incorporate them into models.
• Establish model performance benchmarks and accuracy measures.
• Build domain expertise in collateral operations and valuation impact on P&L.
• Support product strategy by evaluating risk vs. client competitiveness.

Skills

Quantitative modeling

Risk analysis

Communication

Multi-tasking

Education

PhD or MSc in a quantitative field

Tools

Python

Job description

Primary Function:

The Solutions Investment & Research Team ("IRT") manages the investment due diligence, governance, operational due diligence, and research analytics and data intelligence efforts for Wealth Management discretionary and advisory assets. The Investment & Research Team comprises individuals in New York, London, and India and is highly collaborative across teams and regions. As a Vice President Quantitative Researcher in the Investment & Research Team, you will contribute to the design, development, and delivery of risk analytics and models, with a primary focus on collateral risk and lending value methodology. You will be expected to develop a deep understanding of the lending business, collateral functions, applicable regulations and policies. In this role, you will partner across different functions (Investment Solutions, Credit operations, Risk, Lending, Technology and model risk management) to deliver executive-quality insights that inform product and business strategy.

Responsibilities:

• Design, develop, and enhance quantitative models and analytics for lending value estimations, including frameworks that translate collateral characteristics into lending value and risk measures.
• Perform empirical research to identify key risk drivers (market, liquidity, volatility, concentration, idiosyncratic risk) and incorporate them into model design.
• Establish model performance benchmarks and accuracy measures.
• Build deep domain expertise in the lending business, including collateral operations, margining workflows, and how collateral valuation impacts credit decisions and P&L.
• Support product strategy by evaluating trade-offs (risk appetite vs. client competitiveness vs. operational feasibility) and quantifying impacts of methodology changes.
• Partner with Technology and data teams to source, reconcile, and curate data

Qualifications:

• Advanced degree (PhD, MSc, or equivalent) in Mathematics, Physics, Statistics, Computer Science, or a related quantitative field.
• 7+ years of quant experience and deep understanding of probability theory, risk/VaR and model assumptions/limitations.
• Strong preference for candidate with background and experience in margin, lending and knowledge of financial products including equity, fixed income, commodity, HF, Private Investment, currency, and derivatives.
• Preference for candidate with knowledge of wealth management businesses as well as risk, controls, and compliance.
• Good coding skills in python
• Good communication skills with the ability to clearly explain and defend domain concepts, methodologies, assumptions, and results to regulators and senior management, translating complex technical content into concise, decision-ready narratives.
• Highly effective at multi-tasking and adapting to changing priorities in a dynamic business environment, and at continually assessing and reprioritizing focus on key priorities in delivering for the business

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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.