Quantitative Research Associate - Asset & Wealth Management Job in Bangalore at JP Morgan Chase Bank

JP Morgan is hiring for the role of Quantitative Research Associate!

Responsibilities of the Candidates:

• Risk Methodology Enhancement: Contribute to the enhancement of our risk methodology, focusing on sensitivity analysis, stress testing, VaR, factor modeling, and Lending Value pricing.
• Data Science & Insights: Work with stakeholders to identify use cases and leverage Data Science to add value in risk analytics. Utilize Computer Science, Statistics, and Data Science techniques for insights into security and portfolio risk.
• Machine Learning & Model Validation: Support continuous improvement of Machine Learning and statistical techniques used in data and analytics validation.
• Solution Design: Collaborate on the design and implementation of scalable solutions, using approved tools and adhering to best practices.
• Model Documentation & Monitoring: Prepare detailed model documentation for validation by the Model Risk Governance and Review team. Conduct ongoing monitoring and back-testing of models.
• Big Data Analytics: Contribute to the analysis and onboarding of large datasets, ensuring alignment with best-practice data models and big data architecture.

Requirements:

• Experience: Minimum 2 years in a Data Scientist or equivalent quantitative role, with experience in risk modeling or financial data analytics.
• Quantitative & Technical Skills: Proficient in statistical and machine learning techniques; familiarity with big data platforms and risk analytics.
• Communication & Detail Orientation: Excellent communication skills, with the ability to convey technical insights clearly to non-specialists. High attention to detail and the ability to work independently.
• Multi-tasking Ability: Comfortable managing multiple projects and priorities in a dynamic environment.