As an off-cycle associate in theQuantitative Trading & Research Marketsteam atJPMorganChase, you will join a leading quantitativemodelinggroup focused on systematic trading, financial engineering, data analytics, statisticalmodeling, and portfolio optimization.
You will work closely with traders, sales, marketing, technologists, and risk managers across products and regions. You will support research and strategy deployment, client and sales engagement, product innovation, valuation and risk management, and inventory and portfolio optimization, including electronic trading and market-making activities. You will help build quantitative models, methodologies, and infrastructure to price, hedge, and trade financial products, advancing algorithmic trading and data-driven strategies such as statistical arbitrage.
ABOUT THE PROGRAM
Our Global Markets teams develop sophisticated solutions to help clients manage risk, increasereturnsand solve complex financial problems. We hold leadership positions across all major financial markets worldwide. This meansyou'llbe part of a dynamic team, helping to solve a wide range of interesting business issues and will be challenged in your work every day.
Expert instructors and J.P. Morgan professionals will teach you about our history, scale, and scope of our organization today and our ambitious plans for tomorrow.We’llteach you technical and practical skills that will help you hit the ground running.
The program is an opportunity to take your career to the next level through hands‑on experience, relevant skillstrainingand valuable professional networking. Based on your individual achievements, those who successfully complete the program may receive offers of full‑time employment.
Job Responsibilities
- Developandmaintainmathematical models andcutting‑edgealgorithms, methodologies, and supporting infrastructure.
- Valueandhedgefinancial transactions across a range of products, fromflowproducts to complex derivative deals.
- Supportquantitative modeling and research thatinformtrading strategies and decision‑making.
- Collaboratewith trading teams to translate research insights into practical market applications.
- Partnerwith quantitative researchers, technologists, traders, marketing, and risk managers across teams.
- Conductalpha research, calibrate model parameters, and optimize pricing of financial instruments to support growth and market share.
- Managerrisk in existing portfolios.
Required qualifications,capabilitiesand skills
- Enrolledin a PhD program in a relevant field (e.g., mathematics, statistics, physics, engineering, computer science, data science, or machine learning).
- Graduatingbetween September 2026 and March 2028.
- Demonstratescomputer programming experience (e.g., Python, C++, or another programming language).
- Demonstratesanalytical, quantitative, and problem‑solving skills.
- Demonstratesresearch skills (through coursework, projects, or academicwork).
- Workseffectively in a dynamic, collaborative environment.
- Presentsfindings clearly to non‑technical audiences through written and verbal communication.
Preferred qualifications, capabilities, and skills
- Demonstratesknowledge of options pricing theory or trading algorithms, or a demonstrated interest in finance through coursework or prior experience.
- Showsconfidence and initiative to take ownership and manage projects independently.
- Appliesknowledge of machine learning and data science concepts, techniques, and tools.
ABOUT US
AtJPMorganChase,we’recreating positive change for the diverse communities we serve. We do this by championing your innovative ideas through a supportive culture that helps you every step of theway asyou build your career. Ifyou’repassionate,curiousand ready to make an impact,we’relooking for you.
About You
A strong interest in global financial markets is essential, as are analytical and quantitative skills, flexibility, teamwork, excellent attention to detail, and the ability to handle pressure and enjoy a collaborative environment. A strong focus on science or engineering in your undergraduate studies is important.
Beyond that, what we’re most interested in are the things that make you, you: the personal qualities, outside interests, and achievements beyond academia that demonstrate the kind of person you are and the perspective you could bring to the team.
JPMorganChase is committed to creating an inclusive work environment that respects all people for their unique skills,backgroundsand professional experiences. We will provide reasonable accommodations for applicants with disabilities.
Visit jpmorganchase.com/careers for upcoming events, career advice, our locations and more.
©2025 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran
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2027 Quantitative Research Markets Associate Program – Off-Cycle Internship – London employer: JPMorgan Chase & Co.
JPMorgan Chase & Co. is an exceptional employer, offering a dynamic work environment in the heart of London’s International Private Bank. With a strong emphasis on professional development, employees benefit from comprehensive training programs and opportunities for career advancement, all while enjoying a collaborative culture that values teamwork and innovation. The role of Executive Assistant not only provides a chance to work closely with senior leaders but also allows for meaningful contributions to the success of the team in a prestigious financial institution.
