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Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As a Quantitative Research (QR) Associate, you will be responsible for supporting the team in maintaining inventory of existing models, supporting production runs, facilitating periodic reviews of the model, and code maintenance. You will need to possess excellent communication skills and be able to present on technical topics to internal stakeholders written in high-quality documentation. Additionally, you will need to be comfortable collaborating with colleagues at varying levels of experience and backgrounds.
QR Operational Risk (QROR)is a team within the Conduct, Compliance and Operational Risk (CCOR) organization of JPMorgan. QROR owns the design, implementation, and development for a broad spectrum of risk models, primarily in the measurement of regulatory operational risk capital, economic operational risk capital, operational risk stress loss. Additionally, QROR engages in R&D related to operational risk quantification.
This is a quantitative role focused the firm’s risk engines for operational risk measurement and management. The role seeks candidates that are creative and have curiosity to solve new and difficult problems, with emphasis on disciplined approach to object-oriented programming, optimization of numerical algorithms, and innate ability and drive to write production-level code.
Job Responsibilities
- Support production runs, explains, maintenance and improvements to existing inventory of models
- Translate team’s R&D activities into software products
- Actively involved in code development lifecycle i.e. implementation, testing and ongoing monitoring
- Act as QROR lead for maintaining and improving our code base
- Act as QROR liaison for interfacing with corporate technology
Required Qualifications, Capabilities, and Skills
- Advanced Degree (PhD/MS) in engineering/computer science/statistics/mathematics
- Proficient in numerical computing
- Experience in distributed computing, cloud computing and software development lifecycle
- Experience in statistical modeling, machine learning
- High quality communication and inter-personal skills
Preferred Qualifications, Capabilities, and Skills
- Expertise in Python; experience with C++/R desirable
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
