Job Information
JPMorgan Chase Quantitative Research in Jersey City, New Jersey
DESCRIPTION:
Duties: Deliver end-to-end solutions for calculation of VaR, Stress and Regulatory Capital (FRTB SA and IMA). Employ various technologies and quantitative models, and design efficient numerical algorithms to deliver advanced solutions for market risk management. Implement new and maintain existing components of the time series analytics framework in Python. Create unit and end-to-end implementation testing. Provide support and assistance to peer MRQR, Technology and Market Risk Coverage teams. Liaise and collaborate with various functions such as Market Risk Coverage and Technology, Product Specialists and Front Office QR. Perform scenario analyses, develop and deliver quantitative tools, and support analytics. Conduct research on next-generation outlier detection and missing data imputation methodologies. Perform UAT of other platforms developed within the Market Risk infrastructure including big data. Create, maintain and enhance APIs and statistical tools used by MRQR.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Financial Engineering, Finance, Economics, Statistics or related field of study plus 3 years of experience in the job offered or as a Quantitative Research, Risk Modeling Specialist, or related occupation. The employer will alternatively accept a Bachelor's degree in Financial Engineering, Finance, Economics, Statistics or related field of study plus 5 years of experience in the job offered or as Quantitative Research, Risk Modeling Specialist, or related occupation.
Skills Required: Requires experience in the following: Java; React; Spark; JavaScript; REST; Python; SQL; Typescript; XML; Data Structures; Object oriented design; financial instrument pricing including bonds, loans, mortgages, securitized product; Interest Rates Swap.
Job Location: 545 Washington Blvd, Jersey City, NJ 07310. Telecommuting permitted up to 40% of the week.
Full-Time. Salary: $200,000 - $285,000 per year.
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. 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
Base Pay/Salary
Jersey City,NJ $200,000.00 - $285,000.00 / year
JPMorgan Chase
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