JPMorgan Chase CIB Risk - IB QR – Wholesale Credit Modelling Team – Associate – NY in New York, New York

IB QR – Wholesale Credit Modelling Team – Associate – NY

J.P. Morgan is a leading global financial services firm with assets of $2.1 trillion. The firm is a leader in investment banking at http://intranetportal.jpmorganchase.com/portal/site/ib , 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 loss forecast and macroeconomic simulation model. Also participate in all aspects of quantitative activities ranging from model research and prototyping to business support.

Minimum education required : M.S. degree or equivalent in Statistics, Mathematics, Economics, Engineering, Operational Research or related quantitative field preferred.

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

Minimal skills required:

  • Good data analysis and statistical modeling experience, such as factor models, copula, regression, classification trees

  • Strong analytical programming skills (Python, numpy and pandas, R, SVN, SQL etc)

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

  • Ability and motivation to take initiative and solve problems independently.

  • Ability to management time well and complete tasks on time.

  • Ability to handle multiple initiatives/projects/work streamssimultaneously.

And certain combinations of the following will be strong plus:

  • Experience in wholesale risk models, regulatory frameworks, risk analytics

  • Experience of Linux system, Multi-process Programming

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.