Apply Now    

CIB QR Wholesale Capital Modeling - Associate / VP - NY

Job Description

J.P. Morgan is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. Information about J.P. Morgan is available at http://www.jpmorganchase.com/.

We are looking for a candidate with strong statistical and/or economic modeling background to work in the regulatory and economical domain. The candidate would be mainly responsible for developing and implementing models in areas related to Wholesale credit capital requirements and macroeconomic simulation mode.  Also participate in all aspects of quantitative activities ranging from model research and prototyping to business support.


Minimum education required: Ph.D. degree or equivalent in Statistics, Economics, Engineering, Operational Research or related quantitative field preferred; Master degree if with at least 2 years of relevant working experience.


Minimum experience required: Financial and/or economical modeling experience preferred. 

Minimal skills required:


            Quantitative modeling experience specifically in the credit and/or market risk area for regulatory or economical capital

             Strong data analysis and statistical modeling experience, such as factor models, copula, regression models

             Ability to work with large financial data, statistical data (especially time series)  analysis

             Strong programming skills ( Python, R )

 

The following combinations of the following will be strong plus:

             Numerical algorithms ( root finding, optimization )

             Experience in wholesale risk models, regulatory frameworks, risk analytics

             Experience with large-scale Monte Carlo simulation and High Performance computing ( multi-core, MPI, grid )

             The ability and motivation to take initiative and solve problems independently

             The ability to handle multiple initiatives/projects/work streams simultaneously

Req #: 160050832
Location: New York, NY US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Join Now

Privacy Statement

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please contact us by calling (US and Canada Only) 1-866-777-4690. Please indicate the specifics of the assistance needed.


Keep in touch

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.