Wholesale Quantitative Research Associate

Introductory marketing language

Bring your Expertise to JPMorganChase.

As part of Risk Management and Compliance, you are at the center of keeping JPMorganChase strong and resilient.

You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities.

Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

Job summary

As a Quantitative Researcher in Wholesale Credit Risk Modeling, you develop and enhance quantitative models that support responsible growth and strong risk controls.

You will partner with credit risk, finance, and technology teams to translate business needs into scalable model solutions.

You will help us strengthen model methodology, documentation, and governance for key regulatory and risk management use cases.

You will present model approaches, results, and limitations to senior stakeholders and model governance forums.

Job responsibilities


* Develop wholesale credit risk measurement models for portfolios such as Commercial and Industrial loans and structured product vehicles


* Build credit loss models supporting the bank's Current Expected Credit Loss estimation


* Develop stress testing models supporting Comprehensive Capital Analysis and Review processes


* Create scorecard and modeling approaches to measure credit risk for commercial and corporate clients


* Assess model performance, limitations, and use appropriateness to identify and monitor model risk


* Design efficient numerical methods to support model estimation, calibration, and validation


* Implement high-performance computing solutions to improve model runtime and scalability


* Build reusable analytics software frameworks and integrate model outputs into downstream systems


* Analyze large, real-world datasets to derive insights that improve model accuracy and stability


* Partner with credit officers, portfolio managers, finance, and technology to deliver business-ready solutions


* Communicate methodology, results, and limitations clearly to model governance committees and regulators

Required qualifications, capabilities, and skills


* Master's degree or higher in a quantitative discipline (for example: economics, finance, physics, mathematics, or computer science)


* 3 years of experience developing statistical and/or economic models in a financial services or risk context


* 3 years of experience applying regression and multivariate statistical techniques to real-world datasets


* 3 years of hands-on programming experience in Python for data analysis and modeling (including pandas and NumPy)


* 2 years of experience working with machine learning techniques in model development or analytics workflows


* Demonstrated experience working with large datasets a...