Quantitative Trading & Research - RMBS Underwriting - Analyst

Posted 12 Days Ago
Be an Early Applicant
New York, NY, USA
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Build scalable, production-quality analytics and tooling to support RMBS underwriting, pricing, structuring, and deal execution. Manipulate large datasets, develop valuation, scenario analysis, and risk frameworks, and integrate solutions with desk systems. Collaborate with underwriting, trading, risk, and technology teams while applying engineering discipline (testing, documentation, version control) and leveraging firm-approved AI-assisted development where appropriate.
Summary Generated by Built In

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 sits 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).


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 TeamJ.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. 

Skills Required

  • Bachelor's or master's degree in a quantitative discipline (computer science, mathematics, statistics, engineering, physics, economics/finance, or related)
  • Excellent programming skills in Python
  • Strong quantitative foundation and interest in financial markets
  • Excellent communication skills and ability to partner with technical and non-technical stakeholders
  • Self-motivated with strong critical thinking, ownership, and attention to detail
  • SQL knowledge
  • Prior financial markets experience
  • Prior mortgage or structured products knowledge
  • Experience building reusable tools used by others

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

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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