Quantitative Trading & Research - Portfolio - Associate

About the role

We're seeking a highly motivated Associate or Vice President to join our Quantitative Trading & Research (QTR) team in New York. The role blends quantitative development with close engagement with Trading and Risk to deliver impactful solutions.

As an Associate or Vice President on the Quantitative Trading & Research team, you will partner closely with both XVA trading and Counterparty Credit risk to develop quantitative models that enhance pricing and risk management.

Responsibilities

• Design and develop models/analytics for pricing and management of XVA, Margin, and Counterparty Credit Risk, from research to product deployment.
• Partner with Trading and Risk to translate business needs into quantitative solutions and provide ongoing production support, including incident triage and root-cause analysis.
• Own end-to-end delivery with Technology on implementation, testing, and deployment.
• Drive model governance and continuous improvement in partnership with Model Validation, including documentation, controls, and ongoing performance monitoring.

Requirements

• Advanced degree in a quantitative field (or Bachelor's with 2+ years relevant experience).
• Strong understanding of probability/statistics and derivatives pricing; demonstrated ability to develop new quantitative approaches.
• Strong programming skills in Python and/or C++.
• Clear communicator with strong ownership, problem-solving skills, and ability to thrive in a fast-paced, collaborative environment.

Preferred Qualifications

• Agentic AI and data pipeline/processing experience a plus.
• Product development lifecycle experience a plus.

Benefits

• Comprehensive health care coverage, including on-site health and wellness centers.
• Retirement savings plan.
• Backup childcare and tuition reimbursement.
• Mental health support and financial coaching.

Additional details about total compensation and benefits will be provided during the hiring process.

Pay

Competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.

About Us

JPMorgan Chase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses, and many of the world's most prominent corporate, institutional, and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years, and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing, and asset management.

About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services, and payments. Corporations, governments, and institutions worldwide entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk, and extends liquidity in markets around the world.