Quantitative Research Analyst

Job Description

DESCRIPTION :

Duties : Determine whether current models are appropriate, based on user needs or research questions of interest. Research and Model initiatives on Balance sheet optimization.

Model complex set of banking regulatory constraints on capital and liquidity, and create matrix to monitor banking industry.

Develop quantitative tools and methods to support ongoing balance sheet management efforts. Work with multiple internal clients and partners to provide quantitative and qualitative analytics on the firm's balance sheet analysis, banking industry, or optimization topics.

Support firm-wide balance sheet optimization modeling efforts. Analyze quantitative output of macro-economic / regulatory scenario simulations to identify actionable strategies and themes around Firm's balance sheet.

Support Firm's balance sheet research and strategy efforts. Develop optimal capital and funding strategy for the Firm under regulatory / economic uncertainty.

Create, maintain, improve internal database, and manage dataset representing potential firm-wide balance sheet opportunities.

Support Firm's investment portfolio, funding research and strategy efforts. Lead project-planning efforts for key. Mentor junior team members.

QUALIFICATIONS :

Minimum education and experience required : Master's degree in Mathematics, Statistics, Engineering, Physics, Economics or related field of study plus 3 years of experience in the job offered or as Quantitative Research Analyst, Capital Market Analyst, Research Assistant, or related occupation.

The employer will alternatively accept a Doctorate (Ph.D.) degree in Mathematics, Statistics, Engineering, Physics, Economics or related field of study plus 1 year of experience in the job offered or as Quantitative Research Analyst, Capital Market Analyst, Research Assistant, or related occupation.

• Skills Required : Requires experience in the following : Linear & Non-linear Optimization; Monte Carlo Simulation; Stochastic Calculus;
• Market dynamics of Agency MBS, Rates, Secured credit, and Unsecured credit sectors; Forecasting of macroeconomic & market variables;
• Banking sector capital and liquidity regulations; Theory of Financial Valuation with focus on Fixed Income and Options; Python;
• MATLAB; VBA; SQL; Database frameworks; Linear regression; PCA; ARFIMA; ARCH; GARCH; VAR; Feature engineering, classification and clustering algorithms;

Logistic regression; Decision tree; Random forest; and K-Nearest-Neighbors search.

Job Location : 277 Park Avenue, New York, NY 10172. Telecommuting permitted up to 40% of the week.

Full-Time. Salary : $152,000 - $200,000 per year.

About Us

JPMorgan Chase & Co., 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.

For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability / Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing.

Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.