JPMorganChase
Wealth Management Solutions, Investment & Research Team: Vice President Quantitative Researcher
Primary Function:
The Solutions Investment & Research Team (“IRT”) manages the investment due diligence, governance, operational due diligence, and research analytics and data intelligence efforts for Wealth Management discretionary and advisory assets. The Investment & Research Team comprises individuals in New York, London, and India and is highly collaborative across teams and regions.
As a Vice President Quantitative Researcher in the Investment & Research Team, you will contribute to the design, development, and delivery of risk analytics and models, with a primary focus on collateral risk and lending value methodology. You will be expected to develop a deep understanding of the lending business, collateral functions, applicable regulations and policies.
In this role, you will partner across different functions (Investment Solutions, Credit operations, Risk, Lending, Technology and model risk management) to deliver executive-quality insights that inform product and business strategy.
Responsibilities:
- Design, develop, and enhance quantitative models and analytics for lending value estimations, including frameworks that translate collateral characteristics into lending value and risk measures.
- Perform empirical research to identify key risk drivers (market, liquidity, volatility, concentration, idiosyncratic risk) and incorporate them into model design.
- Establish model performance benchmarks and accuracy measures.
- Build deep domain expertise in the lending business, including collateral operations, margining workflows, and how collateral valuation impacts credit decisions and P&L.
- Support product strategy by evaluating trade-offs (risk appetite vs. client competitiveness vs. operational feasibility) and quantifying impacts of methodology changes.
- Partner with Technology and data teams to source, reconcile, and curate data
Qualifications:
Advanced degree (PhD, MSc, or equivalent) in Mathematics, Physics, Statistics, Computer Science, or a related quantitative field.
7+ years of quant experience and deep understanding of probability theory, risk/VaR and model assumptions/limitations.
Strong preference for candidate with background and experience in margin, lending and knowledge of financial products including equity, fixed income, commodity, HF, Private Investment, currency, and derivatives.
Preference for candidate with knowledge of wealth management businesses as well as risk, controls, and compliance.
Good coding skills in python
Good communication skills with the ability to clearly explain and defend domain concepts, methodologies, assumptions, and results to regulators and senior management, translating complex technical content into concise, decision-ready narratives.
Highly effective at multi-tasking and adapting to changing priorities in a dynamic business environment, and at continually assessing and reprioritizing focus on key priorities in delivering for the business
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in 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. 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.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
JPMorganChase San Francisco, California, USA Office
San Francisco, CA, United States
Similar Jobs
What you need to know about the San Francisco Tech Scene
Key Facts About San Francisco Tech
- Number of Tech Workers: 365,500; 13.9% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Google, Apple, Salesforce, Meta
- Key Industries: Artificial intelligence, cloud computing, fintech, consumer technology, software
- Funding Landscape: $50.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Sequoia Capital, Andreessen Horowitz, Bessemer Venture Partners, Greylock Partners, Khosla Ventures, Kleiner Perkins
- Research Centers and Universities: Stanford University; University of California, Berkeley; University of San Francisco; Santa Clara University; Ames Research Center; Center for AI Safety; California Institute for Regenerative Medicine
