Job Description
Duties: Develop, implement and test advanced quantitative models that help clients drive key decisions. Contribute to enhancing the Compliance, Conduct and Operational Risk program. Extract large volumes of data from multiple data sources and transform the data into an analysis ready format using Structured Query Language. Translate business problems into quantitative/ analytical action items and communicate technical and quantitative model results in forms easily understood by the business audience. Prototype code and work across various programming languages. Visualize and identify high risk networks buried in big data by leveraging the power of graph database. Prepare technical documentation of JPMC’s quantitative models for review by the firm’s Model Review Group and Government Regulators (CRaD). Create intuitive charts and dashboards to help better visualize data. Utilize Natural Language Processing and Machine Learning models to classify and extract information from unstructured text data, such as eCommunications, customer complaints, regulatory engage documents with high Compliance, Conduct, and Operational Risk. Develop and use statistical models and testing methods to understand, explain, and predict risk events.
QUALIFICATIONS:
Minimum education and experience required: PhD degree in Computational Statistics, Economics, Mathematics, or related field of study plus 1 (One) year of experience in the job offered or as Quant Modeling, Quant Analytics, Compliance Officer, or related occupation. The employer will alternatively accept a Master’s degree in Computational Statistics, Economics, Mathematics, or related field of study plus 3 (Three) years of experience in the job offered or as Quant Modeling, Quant Analytics, Compliance Officer, or related occupation.
Skills Required: Requires experience in the following: Statistical and data analytical techniques; Natural Language Processing, Machine Learning, and Statistical Modeling; Translating business themes into quantitative and analytical action items; Statistical tools including SAS, Python, R, and MATLAB; Data mining tools including Tableau, Spotfire, and Qlikview; SQL; Software engineering principles for production of robust code; Assimilating large amounts of data from multiple databases including Oracle, Teradata, Hive and Impala, and creating output; Creating networks using graph database Neo4j and cypher; Adhering to a standardized analysis and project methodology; and Documenting quantitative analysis.
Job Location: 480 Washington Blvd, Jersey City, NJ 07310. Telecommuting permitted up to 40% of the week.
Full-Time. Salary: $165,000.00-$205,000.00 per year.
About Us
JPMorgan Chase & Co., 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.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
Equal Opportunity Employer/Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.