The Quantitative Strategist will develop risk analytics tools, optimize asset allocations, and implement AI techniques while analyzing large datasets.
Job Description
DESCRIPTION:
Duties: Operate JPMC's retirement plan group's risk analytics system and further develop tools used in the system. Aggregate liability duration, convexity, and credit risk metrics and develop effective interest rate hedging strategies. Liaise with the group's actuary to assess impacts of actuarial assumptions on the group's liability and update liability models accordingly. Utilize quantitative investment and data science techniques to develop and implement optimization and asset allocation strategies across fixed income, equity, and other asset classes for the Retirement Plan and BOLI/COLI portfolios. Work on projects and studies to be presented to senior management. Explore application of AI and machine learning techniques. Generate monthly and quarterly portfolio analytics, including factor-based attribution. Conduct research to assist in developing macro and asset class views.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Quantitative & Computational Finance, Finance, economics, mathematics, statistics or related field of study plus 1 year of experience in the job offered or as Quantitative Strategist, Portfolio Manager, Complex Securities Valuation, or related occupation.
Skills Required: This position requires one (1) year of experience with the following: Processing, manipulating, analyzing, and interpreting large datasets using Python (including Numpy, Scipy and Pandas), and MATLAB; Designing and developing interactive Excel templates with advanced functionalities including lookup, data analysis add-ons, and VBA; Identifying process improvement opportunities and automating manual workflows using Python; Performing statistical analysis using machine learning methods including linear regression, logistic regression, classification techniques and predictive modeling; option pricing techniques using Black-Scholes model, Monte Carlo simulation and binomial tree models; assessing and managing the risks associated with fixed income securities, including interest rate risk and credit risk; utilizing portfolio construction theory, portfolio optimization, and global macroeconomics and financial market dynamics to assist senior team members in making allocation decisions.
Job Location: 277 Park Avenue, New York, NY 10172.
Full-Time. Salary: $147,600 - $235,000 per year.
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
DESCRIPTION:
Duties: Operate JPMC's retirement plan group's risk analytics system and further develop tools used in the system. Aggregate liability duration, convexity, and credit risk metrics and develop effective interest rate hedging strategies. Liaise with the group's actuary to assess impacts of actuarial assumptions on the group's liability and update liability models accordingly. Utilize quantitative investment and data science techniques to develop and implement optimization and asset allocation strategies across fixed income, equity, and other asset classes for the Retirement Plan and BOLI/COLI portfolios. Work on projects and studies to be presented to senior management. Explore application of AI and machine learning techniques. Generate monthly and quarterly portfolio analytics, including factor-based attribution. Conduct research to assist in developing macro and asset class views.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Quantitative & Computational Finance, Finance, economics, mathematics, statistics or related field of study plus 1 year of experience in the job offered or as Quantitative Strategist, Portfolio Manager, Complex Securities Valuation, or related occupation.
Skills Required: This position requires one (1) year of experience with the following: Processing, manipulating, analyzing, and interpreting large datasets using Python (including Numpy, Scipy and Pandas), and MATLAB; Designing and developing interactive Excel templates with advanced functionalities including lookup, data analysis add-ons, and VBA; Identifying process improvement opportunities and automating manual workflows using Python; Performing statistical analysis using machine learning methods including linear regression, logistic regression, classification techniques and predictive modeling; option pricing techniques using Black-Scholes model, Monte Carlo simulation and binomial tree models; assessing and managing the risks associated with fixed income securities, including interest rate risk and credit risk; utilizing portfolio construction theory, portfolio optimization, and global macroeconomics and financial market dynamics to assist senior team members in making allocation decisions.
Job Location: 277 Park Avenue, New York, NY 10172.
Full-Time. Salary: $147,600 - $235,000 per year.
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, 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.
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.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Top Skills
Binomial Tree Models
Black-Scholes Model
Excel
Machine Learning
Matlab
Monte Carlo Simulation
Numpy
Pandas
Python
Scipy
VBA
Similar Jobs at JPMorganChase
Financial Services
The Senior Associate will manage small business card products, enhance customer engagement, and collaborate with teams to drive business growth through data insights.
Top Skills:
Data Analytics
Financial Services
As a Vice President in M&A, you will lead client interactions, oversee junior bankers, create financial models, and manage transaction risks.
Top Skills:
Excel Modeling
Financial Services
As a Senior Real Estate Appraiser, you will appraise multifamily and commercial properties, manage deadlines, and work with stakeholders to ensure appraisal report quality.
Top Skills:
Discounted Cash Flow ProgramsMicrosoft Office Suite
What you need to know about the Charlotte Tech Scene
Ranked among the hottest tech cities in 2024 by CompTIA, Charlotte is quickly cementing its place as a major U.S. tech hub. Home to more than 90,000 tech workers, the city’s ecosystem is primed for continued growth, fueled by billions in annual funding from heavyweights like Microsoft and RevTech Labs, which has created thousands of fintech jobs and made the city a go-to for tech pros looking for their next big opportunity.
Key Facts About Charlotte Tech
- Number of Tech Workers: 90,859; 6.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Lowe’s, Bank of America, TIAA, Microsoft, Honeywell
- Key Industries: Fintech, artificial intelligence, cybersecurity, cloud computing, e-commerce
- Funding Landscape: $3.1 billion in venture capital funding in 2024 (CED)
- Notable Investors: Microsoft, Google, Falfurrias Management Partners, RevTech Labs Foundation
- Research Centers and Universities: University of North Carolina at Charlotte, Northeastern University, North Carolina Research Campus
