Wealth Management Solutions, Investment & Research Team: Vice President Quantitative Researcher
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
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
Skills Required
- Advanced degree in Mathematics, Physics, Statistics, Computer Science, or a related quantitative field
- 7+ years of quantitative research experience
- Deep understanding of probability theory, risk and VaR, and model assumptions and limitations
- Strong preference for experience with margin, lending, and financial products including equities, fixed income, commodities, hedge funds, private investments, currencies, and derivatives
- Knowledge of wealth management businesses, risk, controls, and compliance
- Good coding skills in Python
- Strong communication skills, including explaining and defending methodologies and results to regulators and senior management
- Ability to multitask, adapt to changing priorities, and reprioritize key business needs
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.
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