JPMorgan Chase
2027 Quantitative Research – Markets – Summer Internship - Associate– United States
$150K
New York, NY · Internship · Posted Aug 4, 2026
- Education
- Enrolled in a PhD program in a relevant field; no equivalent experience alternative stated.
About the job
Conduct quantitative research and develop models, algorithms, and infrastructure to support trading strategies, pricing, hedging, risk management, and portfolio optimization in Global Markets.
What you'll do
- Develop mathematical models, algorithms, methodologies, and supporting infrastructure.
- Value and hedge financial transactions, conduct alpha research, and manage portfolio risk.
- Collaborate with trading and cross-functional teams to apply research insights to markets.
What they ask for
- Enrolled in a PhD program in a relevant field.
- Graduating between December 2027 and August 2028.
- Programming experience in Python, C++, or another programming language.
- Attending a college or university in the United States.
Nice to have
- Knowledge of options pricing theory or trading algorithms, or demonstrated interest in finance.
- Knowledge of machine learning and data science concepts, techniques, and tools.
Pay
USD 150,000-$150,000 base salary (New York, NY); USD 150,000-$150,000 base salary (Jersey City, NJ); USD 150,000-$150,000 base salary (Palo Alto, CA); USD 150,000-$150,000 base salary (Seattle, WA)
Tools
Python, C++, Hackerrank, HireVue
AI focus
Applies quantitative research and data-driven strategies, including machine learning and algorithmic trading.
Model-written summary · the original posting is authoritative