JPMorgan Chase & Co. seeks a Quantitative Research in New York, NY. DUTIES: Develop mathematical models for measuring risk of financial products. Develop and enhance quantitative tools in analyzing profit-and-loss function of financial products, and statistical properties of instruments’ price drivers. Document modeling choices and corresponding quantitative analysis. Develop on-going testing regimens to ensure that the models behave according to expectations through time. Collaborate with Model Risk Review & Governance during internal model review and on-going model governance processes. Engage with Market Risk Governance, Market Risk Coverage, valuation-model developers and the trading desks to understand products and strategies. Design and develop software frameworks for analytics and their delivery to systems and applications.REQUIREMENTS: Master’s degree in Operations Research, Mathematics, Physics, Computer Science, or related field of study plus 1 year of experience in the job offered or as Quantitative Research, Associate, Quantitative Analyst, or related occupation. Requires experience in the following: Mathematic models for Value at Risk (VaR) and Stress VaR; derivative pricing and its application in finance; partial differential equations (PDE) and its application in finance; probability theory including stochastic calculus; time series analysis; statistics; large data sets including machine learning; Python; Python packages such as Numpy, Scipy, Scikit, Sklearn, Tensorflow, or related; Jupyter; and code design.Employer: JPMorgan Chase & Co. Worksite: 383 Madison Ave., New York, NY 10179. Telecommuting permitted up to 40% of the week.Salary: $200,000 - $200,000 per year. To apply for this position, please email your resume to my.resume@jpmchase.com with following job ID clearly indicated: [QR-HLS-103498]. JPMorgan Chase & Co. is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.

Minimum Salary: 200000 Maximum Salary: 200000 Salary Unit: Yearly