JOB DESCRIPTION
DESCRIPTION:
Duties: Research, create, and evaluate mathematical optimization models for tax-smart portfolio management products. Implement and provide expertise on model implementation, testing, performance tuning and enhancements. Present quantitative results to research and non-technical audience. Write optimization model specifications and documentations. Assist in initiatives related to improvement of the model development processes and infrastructure in production environment. Research solutions and contribute to initiatives related to investment product design, feature enhancements, and testing. Analyze and vet algorithmic trade suggestions and respond to trading and debugging requests.
QUALIFICATIONS:
Minimum education and experience required: Master’s degree in Mathematical Finance, Economics, Mathematics, Operations Research, Financial Engineering, or related field of study plus 2 years of experience in the job offered or as a Research Analyst, Quantitative Analyst, Risk Analyst, Risk Modeler, or related occupation.
Skills Required: Requires experience in the following: Solving complex data intensive problems using SAS or python; Researching, creating and evaluating quantitative and statistical optimization models including regression analysis; Using principal component analysis and dimensionality reduction models to solve investment problems; analyzing and working with large datasets; working with model validation and review groups; unit testing and infrastructure design using Git version control; portfolio analytics, including risk attribution and analysis; SQL; data analysis; model development.
Job Location: 1 Liberty Square, Boston, MA 02109. Telecommuting permitted up to 40% of the week.
ABOUT US
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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
