JPMorgan Quantitative Research - Securitized Products Group Modelling Associate 

United States, New York, New York 

62255206

Job Responsibilities:

• Development and support of mortgage prepayment models, interest rate models and other timeseries based models for Structured Products Group
• Provide risk analytics and technical documentation for models used in pricing Residential Mortgage Backed securities
• Build frameworks for simulation and optimization in Quantitative Research platform. Automate workflows and tools using high level programming languages such as C++ and Python to compute quantitative metrics used by the business.
• Reconcile data sources and build data pipelines to form a comprehensive data set fit for modeling and visualization, working closely with our researchers and technology partners
• Collaborate with technology representatives to ensure proper implementation of models and cash flow calculations
• Coordinate with Model Review, Model Governance and Market Risk professionals to address model related risks and issues
• Ensure appropriate adherence to Risk and Control policy and put appropriate risk mitigation in place
• Adapt communication style according to audience and occasion while being clear and unambiguous in conveying the message. Ability to influence and manage stake holders is a key

Required qualifications, capabilities and skills:

• Advanced degree (PhD, MSc or equivalent) in Mathematics, Physics, Statistics, Computer Science, Financial Engineering etc.
• A strong desire and familiarity to work with data and being comfortable in handling large datasets as well as building data pipelines
• Strong Python and C++ coding skills for model development
• Data analytics using open-source Python packages (pandas/NumPy/scikit-learn/TensorFlow)
• Strong communication skills (both verbal and written) and the ability to present findings to a non-technical audience
• A strong intellectual curiosity, and an interest in understanding various businesses within Structured Products Group

Preferred qualifications, capabilities and skills:

• Prior experience working in a Front office Quant team is a plus
• Hands-on experience in writing Production grade code in C++/Python is desirable