JPMorgan Chase
Wholesale Credit Quantitative Research - Senior Associate
$100K–$177K
Jersey City, NJ · Senior · Full-time · Posted Sep 24, 2026
- Experience
- 3 years of experience in quantitative research, quantitative strategy, or a closely related quantitative role.
- Education
- Doctorate or master’s degree (or equivalent) in financial engineering, operations research, statistics, mathematics, computer science, economics, or a related field.
About the job
Develop quantitative models and tools to assess margin adequacy and manage counterparty credit risk for cleared derivatives, and support their governance and production deployment.
What you'll do
- Build and enhance statistical models, analytics, and tools for cleared-derivatives margin adequacy and counterparty credit risk.
- Partner with governance, control, and technology teams on model oversight, testing, deployment, and ongoing reviews.
- Document methodologies and communicate findings to technical and non-technical stakeholders.
What they ask for
- Doctorate or master’s degree (or equivalent) in a listed quantitative field or related field.
- 3 years of experience in quantitative research, quantitative strategy, or a closely related quantitative role.
- Proficiency in Python for model development and data analysis.
- Strong understanding of cleared derivatives and risk management methodologies, including value at risk and stress testing, across asset classes.
Nice to have
- Proficiency in R in addition to Python.
- Experience with central counterparty margin methodologies, derivatives counterparty credit risk models, production deployment, model governance, or cleared products across multiple asset classes.
Pay
$99,750.00-$177,000.00 USD base salary
Tools
Python, R
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