Quantitative Research - Custody & Fund Services - Associate/Vice President

Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

This position is a Quant Profile to support the activities of the Quantitative Research Group (cross asset classes) & Custody & Fund Services globally sitting out in Mumbai. The QR team in Mumbai plays a critical role in providing effective, timely and independent assessments of the Firm’s booking models of exotic structures and also help in developing new models for structures as and when necessary.

As a Quantitative Research Associate/Vice President within the Quantitative Research Group, you will partner with the Business to provide a comprehensive view and support the activities of the Quantitative Research Group across asset classes globally. You will play a critical role in providing effective, timely, and independent assessments of the Firm’s booking models of exotic structures and help develop new models as necessary. You will be part of a team transforming business practices through data science and other quantitative methods, where JP Morgan is a dominant player, handling trillions of dollars of client assets.

Job Responsibilities

• Perform large-scale analysis on our proprietary dataset to solve problems never tackled before
• Identify new insights that drive feature modelling to generate nuanced insights
• Build models end-to-end, from prototype to full-scale production
• Make real-world, commercial recommendations through effective presentations to various stakeholders
• Leverages data visualization to communicate data insights and results
• Document and test new/existing models in partnership with control groups
• Implementation of models in Python-based proprietary libraries.
• Ongoing desk support
  
  

Required Qualifications, Capabilities & Skills

• A master’s or Ph.D. degree program in computer science, statistics, operations research or other quantitative fields
• Strong technical skills in data manipulation, extraction and analysis
• Fundamental understanding of statistics, optimization and machine learning methodologies
• Build models end-to-end, from prototype to full-scale production, utilizing ML/ big data modeling techniques
• Knowledge in the development of models on cloud infrastructure
• Integrate and utilize LLM models for advanced model development and enhancement
• Possess basic knowledge of financial instruments and their pricing
• Mastery of software design principles and development skills using one of C++, Python, R, Java, Scala
• Previous practical experience in solving machine learning problems using open-source packages
• Strong communication skills (both verbal and written) and the ability to present findings to a non-technical audience
  
  

Preferred Qualifications, Capabilities & Skills

Participation in KDD/Kaggle competition or contribution to GitHub highly desirable

About Us

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 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.

About The Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.