JPMorgan Chase Jobs

DESCRIPTION:

Duties: Develop mathematical models for measuring risk of financial products. Develop and enhance quantitative tools in analyzing profit-and-loss function of financial products, and statistical properties of instruments' price drivers. Document modeling choices and corresponding quantitative analysis. Develop on-going testing regimens to ensure that the models behave according to expectations through time. Collaborate with Model Risk Review & Governance during internal model review and on-going model governance processes. Engage with Market Risk Governance, Market Risk Coverage, valuation-model developers and the trading desks to understand products and strategies. Design and develop software frameworks for analytics and their delivery to systems and applications.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Operations Research, Mathematics, Physics, Computer Science, or related field of study plus 1 year of experience in the job offered or as Quantitative Research, Associate, Quantitative Analyst, or related occupation.

Skills Required: Requires experience in the following: Mathematic models for Value at Risk (VaR) and Stress VaR; derivative pricing and its application in finance; partial differential equations (PDE) and its application in finance; probability theory including stochastic calculus; time series analysis; statistics; large data sets including machine learning; Python; Python packages such as Numpy, Scipy, Scikit, Sklearn, Tensorflow, or related; Jupyter; and code design.

Job Location: 383 Madison Ave., New York, NY 10179. Telecommuting permitted up to 40% of the week.

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

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

Base Pay/Salary

New York,NY $200,000.00 - $200,000.00 / year