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659 JPMorgan Chase & Co. Jobs
Associate Quantitative Research- Modelling
2-3 years
₹ 9.75 - 36L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Mumbai
1 vacancy
Associate Quantitative Research- Modelling
JPMorgan Chase & Co.
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
As an Associate Quantitative Research- Modelling in our dynamic team, you will have the opportunity to develop quantitative models across various asset classes. This role will allow you to work independently and promote the QR agendas with multiple stakeholders. You will be responsible for building analytics, programming tasks, and providing quantitative analysis on ad hoc queries. This role requires a strong understanding of derivatives, payoffs, and valuations across asset classes, and hands-on experience in programming, particularly Python. This is an exciting opportunity to join a growing team in a fast-paced and challenging area.
Job Responsibilities:
- Build analytics to calculate fair value and limitation adjustments, calibrate model parameters and analyze price dynamics of actual transactions on a cumulative and real time basis for use against independent prices.
- Discharge duties including the full-range of programming tasks - problem analysis, solution determination, code design and tool development, integration test and documentation.
- Work along with quant teams for the reviews of the models and provide testing as appropriate. Understand risks/issues associated with various pricing models and develop model risk mitigation and quantification of those limitations.
- Provide quantitative analysis on ad hoc queries raised by stakeholders. Resolve any issues arising in the current model inventory by implementing strategic solutions.
- Work alongside VCG to devise and implement sophisticated and consistent methodology for solving business problems including but not restricted to position netting for use in calculation of valuation adjustments and other adjustments for use within regulatory frameworks.
Required qualifications, capabilities, and skills:
- Proficient in Mathematics including stochastic calculus and probability and statistics along with experience in Quant Research and Model Development
- Strong understanding of derivatives, payoffs and valuations across asset classes (Rates / Equities / Credit / XVAs / FX / Commodities etc )
- Hands-on experience of 2-3 years in programming, Python is required and C++
- Practical experience in developing pricing models or working on enhancement of the quant models
- Close attention to detail and ability to work to very high standard
- Good verbal and written communication and team skills in a multi-location set up
Employment Type: Full Time, Permanent
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View answer (1) What people at JPMorgan Chase & Co. are saying
Rating based on 612 Associate
reviews
Anonymous · Software Development
in Bangalore/Bengaluru
Likes
A good banking application knowledge.
Dislikes
People don't like to help and but they do like to create dependency. People are isolated. Toxic culture . Team members are not at all supportive.
Read 612 reviewsAssociate salary at JPMorgan Chase & Co.
reported by
10.1k
employees
with 1-17
years exp.
₹10.5
L/yr - ₹36
L/yr
218%
more
than the average Associate Salary in India
View more details
What JPMorgan Chase & Co. employees are saying about work life
based on 5.7k employees
Flexible timing
Monday to Friday
No travel
Day Shift
JPMorgan Chase & Co. Benefits
Submitted by Company
Employee Programs Wellness Programs Health Care and Insurance Plans Family Care Retirement Savings Programs
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JPMorgan Chase & Co. Mumbai Office Locations
Mumbai Office
Headquarter
JPMorgan Asset Management India Private Limited, J.P. Morgan Tower, Off. C.S.T. Road, Near Nafa Bus Stop, Kalina, Santacruz East
Mumbai
Maharashtra 400098
Maharashtra 400098
Mumbai Office
aradigm Towers-B Wing, Mindspace, Malad Goregaon Link Rd, Malad (W), Mumbai
Mumbai
400 064
400 064
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