JPMorgan Custody & Fund Services (CFS) Quantitative Research team is looking for a strong quant to support the global business in liquidity/capital management, return optimization and client pricing.
The CFS QR team is responsible for developing and maintaining statistical/forecasting models that drive liquidity/capital considerations as well as pricing/benchmarking of client businesses. The responsibilities of the team include new model specification, going through model approval, implementation of model in library, as well as integration into existing risk and P&L systems.
The opportunity is to join our London team as a VP with a focus on statistical modelling and analysis of large datasets. Candidates direct from university will be considered.
Key responsibilities could include:
Develop statistical/forecasting models for the CFS business
Develop/enhance pricing models for client transactions
Develop models to optimize for liquidity, capital and return
Model performance analysis, reserve methodology specification, regulatory analysis
Documentation and testing of new models, partner with Model Review Groups to ensure model adheres to strict in-house standards
Ongoing desk support
Working closely with technology on integration of models in applications
The role requires the combination of a structured approach to problem solving, experience with quantitative modelling, strong business acumen and the ability to work in a dynamic environment. Excellent communication skills are required in our interaction with business, technology and control functions. A healthy interest in good software design principles is a requirement as well.
- Strong mathematics/statistics background
- Strong C++/Python skills
- Strong analytical and problem solving abilities
- Strong commercial sense
- Strong communication/presentation skills
- Advanced degree in a technical field from a top-tier school/program: engineering, sciences, computer science, applied maths
- Useful but not mandatory is knowledge of funding, curve constructions, advanced statistical models and experience with Big Data.
About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com.
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.