What You'll Do:
• Contribute to the research and enhancement of the risk methodology for AWM Risk Analytics. The methodology covers sensitivity, stress, VaR, factor modeling, and Lending Value pricing for investment (market), counterparty (credit), and liquidity risk.
• Prepare comprehensive model documentation for the Model Risk Governance and Review group to validate the models our team owns and uses, along with ongoing monitoring and back testing.
• Assist with continuous improvements in our adopted AI/ML and statistical technics used in our data and analytics validation process.
• Contribute to the analysis of new and large data sets and assist with their onboarding, following our best practice data model and architecture using big data platforms.
What We're Looking For:
• A highly quantitative, technically proficient individual who is detail-oriented, able to multi-task, and work independently.
• A strong understanding of advanced statistics applied AI/ML techniques, and a practical problem-solving mindset.
• Good understanding of equity and fixed income (rates and credit) products and financial markets.
• Excellent communication skills.
• Possess in-depth knowledge of asset pricing, VaR backtesting techniques, and model performance testing is a plus.
• Knowledge in modular programming in Python, ML, and TensorFlow is a plus.
• A degree in a quantitative field (Economics, Maths/Statistics, Financial Engineering, or equivalent) is preferred.
Why Join Us?
We offer a vibrant and inclusive workplace that benefits from the perspectives and talents of our diverse team. We encourage open dialogue and professional growth. Join us and be a part of a global organization that is redefining the world of asset and wealth management.
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 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.
Skills Required
- Highly quantitative and technically proficient, with strong attention to detail, multitasking ability, and independence
- Strong understanding of advanced statistics and applied AI/ML techniques
- Practical problem-solving mindset
- Good understanding of equity and fixed-income products, including rates and credit, and financial markets
- Excellent communication skills
- In-depth knowledge of asset pricing, VaR backtesting techniques, and model performance testing
- Knowledge of modular programming in Python, machine learning, and TensorFlow
- Degree in Economics, Mathematics/Statistics, Financial Engineering, or an equivalent quantitative field
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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