Quantitative Research Wholesale Credit Core Implementation Executive Director
About Quantitative Research
Quantitative Research (QR) is an expert quantitative modeling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management. As a global team, QR partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.
Opportunity
We are looking for a Senior Quantitative Developer to join our Core Implementation Frameworks team in New York City or Jersey City to play a leadership role in the build out of the firm™s new Wholesale Credit Risk Model platform. The Core Implementation team focuses on the design, implementation, delivery and support of high performance risk calculation engines that deploy models for the firms Wholesale Credit Stress (CCAR, ICAAP, Risk Appetite) and Loan loss reserves (CECL, IFRS9) calculations used for Risk Management.
In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career.
We make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.
If you are passionate, curious and ready to make an impact, we are looking for you.
Your Impact
You will contribute to the development of the firm™s Wholesale Credit risk platform used for risk management and stress testing. Specifically, you will have the chance to:
Play a leadership role in the design, architecture and implementation of the firm™s next generation stress and risk models platform for Wholesale Credit alongside our Technology and Business partner teams.
Design and develop software that implements risk valuation models and work on their delivery to systems and applications;
Design and develop flexible, extendible and highly performant software frameworks and related tools that efficiently integrates pricing and forecast models into the platform;
Enable the delivery of efficient numerical algorithms leveraging high performance computing solutions;
Implement software frameworks and tools that support the development of models, back-testing and any other analytics infrastructure required for model development;
Work with technology and the business to support the implementation, release and integration of models into the risk platform.
About You
You have experience as both an architect and senior technical leader managing a team of developers;
You demonstrate strong quantitative and problem solving skills as well as software development skills;
You are very interested in the application of software and high performance computing solutions to finance and risk management;
You demonstrate strong proficiency in code design and programming skills in Python;
You have experience with test-driven development and are able to evolve best practices;
You have experience with improving performance of software applications;
You are proficient with tools and methods of exploratory data analysis, visualization and modeling in Python e.g., pandas, scipy, sklearn, Jupyter;
You are good at communicating concepts and ideas, also via documentation, and you are keen to defend their validity and tailor messages to different audiences;
You™re attentive to detail and easily adaptable;
You™re enthusiastic about knowledge sharing and collaboration
Desirables
Advanced degree (PhD, MSc or equivalent) in Computer Science, Engineering, Mathematics, Physics, etc;
Experience with implementing quantitative software frameworks in finance;
Orientation towards careful system and solution design and implementation;
Beyond that, we™re interested in the things that make you unique: personal qualities, outside interests and achievements beyond academia and profession that demonstrate the kind of person you are and the differences you could bring to the team.
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 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. In accordance with applicable law, we make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental health or physical disability needs.
Equal Opportunity Employer/Disability/Veterans
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.
Keyword: consumer%20bankingQuantitative Research Wholesale Credit Core Implementation Executive Director
About Quantitative Research
Quantitative Research (QR) is an expert quantitative modeling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management. As a global team, QR partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.
Opportunity
We are looking for a Senior Quantitative Developer to join our Core Implementation Frameworks team in New York City or Jersey City to play a leadership role in the build out of the firm™s new Wholesale Credit Risk Model platform. The Core Implementation team focuses on the design, implementation, delivery and support of high performance risk calculation engines that deploy models for the firms Wholesale Credit Stress (CCAR, ICAAP, Risk Appetite) and Loan loss reserves (CECL, IFRS9) calculations used for Risk Management.
In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career.
We make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.
If you are passionate, curious and ready to make an impact, we are looking for you.
Your Impact
You will contribute to the development of the firm™s Wholesale Credit risk platform used for risk management and stress testing. Specifically, you will have the chance to:
Play a leadership role in the design, architecture and implementation of the firm™s next generation stress and risk models platform for Wholesale Credit alongside our Technology and Business partner teams.
Design and develop software that implements risk valuation models and work on their delivery to systems and applications;
Design and develop flexible, extendible and highly performant software frameworks and related tools that efficiently integrates pricing and forecast models into the platform;
Enable the delivery of efficient numerical algorithms leveraging high performance computing solutions;
Implement software frameworks and tools that support the development of models, back-testing and any other analytics infrastructure required for model development;
Work with technology and the business to support the implementation, release and integration of models into the risk platform.
About You
You have experience as both an architect and senior technical leader managing a team of developers;
You demonstrate strong quantitative and problem solving skills as well as software development skills;
You are very interested in the application of software and high performance computing solutions to finance and risk management;
You demonstrate strong proficiency in code design and programming skills in Python;
You have experience with test-driven development and are able to evolve best practices;
You have experience with improving performance of software applications;
You are proficient with tools and methods of exploratory data analysis, visualization and modeling in Python e.g., pandas, scipy, sklearn, Jupyter;
You are good at communicating concepts and ideas, also via documentation, and you are keen to defend their validity and tailor messages to different audiences;
You™re attentive to detail and easily adaptable;
You™re enthusiastic about knowledge sharing and collaboration
Desirables
Advanced degree (PhD, MSc or equivalent) in Computer Science, Engineering, Mathematics, Physics, etc;
Experience with implementing quantitative software frameworks in finance;
Orientation towards careful system and solution design and implementation;
Beyond that, we™re interested in the things that make you unique: personal qualities, outside interests and achievements beyond academia and profession that demonstrate the kind of person you are and the differences you could bring to the team.
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 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. In accordance with applicable law, we make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental health or physical disability needs.
Equal Opportunity Employer/Disability/Veterans
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.
Keyword: consumer%20banking
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 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. In accordance with applicable law, we make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the œWELL Health-Safety Rating for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm™s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm™s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world™s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.
