Quantitative Research - Credit Markets - Associate

Quantitative Research Credit group is looking for quant researcher who will leverage their data and analytical skills to support the credit trading desk.

Quantitative skills are at the core of J.P. Morgan's capabilities, contributing critically to the success and innovative power of our firm. The team's mission is to develop cutting-edge next generation analytics and processes to transform, automate and improve the trading operations of our bond and flow credit derivative business.

Job Summary

The QR Credit group is looking for a strong quantitative researcher who will leverage their data and analytical skills to provide Analytics, Automation and in general help direct the decision making process of the credit trading desk. The successful candidate will have a good understanding of credit markets and trading, strong knowledge of statistical methods including machine learning, strong Python programming skills and outstanding communication skills.

Job Responsibilities

• Work on the trading desk to build analytics and processes that help in decision making and/or simplify their workflow
• Architect and manage the evolution of the code base, including collaborating with other teams to maximize scale and leverage across the organization
• Proactively identify opportunities for QR to leverage data and analytics to enhance the Trading business
• Innovate and evolve credit models, leveraging a combination of diligent data analysis, traditional credit quant reasoning, and advanced machine learning techniques

Required Qualifications, Capabilities, And Skills

• Demonstrated experience applying statistical and/or machine learning techniques, preferably in the financial industry
• Strong Python programming, including code architecture. Ability to manipulate and analyze complex, large scale, high-dimensionality data from varying sources
• Academic degree (MSc or PhD, or equivalent) in a quantitative field (i.e. Mathematics, Physics, Statistics, Economics, Computed Science, etc.)
• Ability to work as part of a team, cooperative attitude
• Autonomy, excellent communication and strong motivation
• 5+ years of professional experience

Preferred Qualifications, Capabilities, And Skills

• Experience in credit markets, or at least in a fixed-income environment
• Significant experience (ideally at least 5 years of experience) working in a quantitative group covering investment and/or trading businesses

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 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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

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, discretionary incentive compensation which may be awarded in recognition of 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.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary

New York,NY $135,000.00 - $200,000.00 / year