Quantitative Research Analyst Job Opportunity at JPMorgan Chase & Co.

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

Job Type: Full-Time

Salary Range: $152,000 - $200,000 per year

Job Description

As a Quantitative Research Analyst at JPMorgan Chase & Co., you will leverage your expertise to:

• Evaluate the appropriateness of current models based on user needs or research questions.
• Lead initiatives on balance sheet optimization.
• Model complex banking regulatory constraints on capital and liquidity, creating monitoring matrices for the banking industry.
• Develop quantitative tools and methods that support ongoing balance sheet management.
• Collaborate with multiple internal clients and partners to provide in-depth analysis of the firm's balance sheet, the banking industry, and optimization topics.
• Support firm-wide balance sheet optimization modeling efforts.
• Analyze macro-economic/regulatory scenario simulations to identify actionable strategies and themes around the Firm’s balance sheet.
• Develop optimal capital and funding strategies under regulatory/economic uncertainties.
• Create and maintain comprehensive internal databases and manage datasets representing potential firm-wide balance sheet opportunities.
• Support the Firm's investment portfolio, funding research, and strategy efforts.
• Lead project planning efforts for key initiatives and mentor junior team members.

Qualifications

Minimum Education and Experience Required:

• Master’s degree in Mathematics, Statistics, Engineering, Physics, Economics or a related field, plus 3 years of relevant experience; or
• Doctorate (Ph.D.) degree in Mathematics, Statistics, Engineering, Physics, Economics or a related field, plus 1 year of relevant experience.

Skills Required:

• Experience with Linear & Non-linear Optimization, Monte Carlo Simulation, Stochastic Calculus.
• Understanding of market dynamics in Agency MBS, Rates, Secured credit, and Unsecured credit sectors.
• Proficiency in forecasting macroeconomic & market variables.
• Knowledge of banking sector capital and liquidity regulations.
• Expertise in Theory of Financial Valuation, focusing on Fixed Income and Options.
• Proficiency in Python, MATLAB, VBA, SQL, and database frameworks.
• Experience with advanced statistical and machine learning techniques including linear regression, PCA, ARFIMA, ARCH, GARCH, VAR, feature engineering, classification and clustering algorithms, logistic regression, decision trees, random forest, and K-Nearest-Neighbors search.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. is one of the oldest financial institutions, offering innovative financial solutions to millions of consumers, small businesses, and prominent corporate, institutional, and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years, establishing us as a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing, and asset management.

Compensation and Benefits

We offer a competitive total rewards package that includes a base salary determined by the role, experience, skill set, and location, along with discretionary incentive compensation based on firm performance and individual achievements. Our benefits program includes:

• Comprehensive health care coverage
• On-site health and wellness centers
• 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.

Diversity and Inclusion

Our people are our strength, and the diverse talents they bring are directly linked to our success. We are an equal opportunity employer, valuing diversity and inclusion. We do not discriminate based on protected attributes including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy, disability, or any other basis protected