Risk Management - Asset Wealth - Risk Analytics - Data Scientist, Associate

JPMorgan Asset & Wealth Management (AWM) Risk is seeking a dynamic data science professional with quantitative analysis skills to join our Risk Analytics team. This team, a part of AWM Risk Management, is a diverse group of innovative quantitative and market risk-oriented professionals. Our responsibility is to develop and maintain risk measurement methodologies and perform analytics calculations. We also own and continuously develop the AWM Risk System (Newton) used by AWM Risk Management and Front Office stakeholders. 

As a Data Scientist in the Asset Wealth Risk Analytics team you'll partner with senior members of our team to embark on a journey of innovation to introduce and scale up data-driven risk analytics solutions through data science and machine learning techniques to transform our operations and business processes, strengthening the core value proposition of our system and expanding flexible analytical capabilities for the growth of Newton’s platform. We offer a vibrant and inclusive workplace that benefits from the perspectives and talents of our diverse team. We encourage open dialogue and professional growth. Join us and be a part of a global organization that is redefining the world of asset and wealth management.

Job responsibilities

• Work with peers and stakeholders to identify use cases and opportunities for Data Science to create value. Use your knowledge of Computer Science, Statistics, Mathematics and Data Science techniques to provide further insights into security and portfolio risk analytics.

• Lead continuous improvements in our adopted artificial intelligence/machine learning (AI/ML) and statistical technics used in our data and analytics validation process.

• Collaborate, design, and deliver solutions that are flexible and scalable using the firm’s approved new technologies and tools, such as AI and large language models (LLMs). Use citizen developer journey platform to find efficiencies in our processes.

• Contribute to the analysis of new and large data sets and assist with their onboarding, following our best practice data model and architecture using big data platforms.

• Contribute to the research and enhancement of the risk methodology for AWM Risk Analytics. The methodology covers sensitivity, stress, value at risk (VaR), factor modeling, and Lending Value pricing for investment (market), counterparty (credit), and liquidity risk.

Required qualifications, capabilities, and skills

• 2+ years experience as a Data Scientist or in an adjacent quantitative role.

• A quantitative, technically proficient individual who is detail-oriented, able to multi-task, and work independently.

• Effective communication skills to clearly explain complex concepts.

• A strong understanding of statistical models, applied AI/ML techniques, and a practical problem-solving mindset. 

• Knowledge in modular programming in SQL, Python, ML, AWS Sagemaker, TensorFlow, Bitbucket, GitHub or alike.

Preferred qualifications, capabilities, and skills

• Practical experience in financial markets in a quantitative analysis/research role within Risk Management, a Front Office role, or equivalent is a plus.

• Knowledge of asset pricing, VaR backtesting techniques, and model performance testing is a plus.

• A degree in a quantitative or technology field (Economics, Maths/Statistics, Engineering, Computer Science or equivalent) 

  Same Posting Description for Internal and External Candidates

JPMorganChase, 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 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