Job Description
Discover a unique opportunity to become a part of our Quantitative Research team in London, where your focus will be on Payments.
Job Summary:
As an Associate in Quantitative Research - Payments within the Corporate Investment Bank Payments team, you will be part of an expanding new team supporting the Liquidity and Account Solutions team within Payments, optimizing Net Interest Income and client pricing through the innovative use of data analytics, time series analysis and machine learning. You will help create a globally consistent deposit and pricing toolset used in decision making.
As part of the Commercial and Investment Bank, the Payments business generates around $17bn of revenue annually, holding over $700bn of cash deposits with a global presence in over 160 countries.
Job Responsibilities:
- Reconcile data sources and build data pipelines to form a comprehensive data set fit for modelling and visualization
- Build up a scalable data architecture to handle the large volume of transaction data
- Automate existing manual processes and build tools to enable the business to optimize their decision making and deposit management
- Build sequential decision making tools to optimize the net interest income of the business under various liquidity, capital and balance sheet constraints
- Drive projects end-to-end, from brainstorming, prototyping, data processing, data analysis to model development
- Make real-world, commercial recommendations through effective presentations to various stakeholders
- Leverage data visualization to communicate quantitative insights to help business decision-making
Required qualifications, capabilities, and skills:
- You have advanced degree (PhD, MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.
- You demonstrate strong desire to work with data and are comfortable in handling large datasets as well as building efficient data and Machine Learning pipelines
- You demonstrate experience in writing production quality code and familiarity with testing and source control
- You have experience in data analytics using open-source Python packages (pandas/numpy/scikit-learn/tensorflow)
- You demonstrate strong communication skills (both verbal and written) and the ability to present findings to a non-technical audience
- You demonstrate a strong intellectual curiosity, and an interest in understanding at a deeper level how a bank operates
Preferred qualifications, capabilities, and skills:
- Participation in KDD/Kaggle competition, Hackathons or contribution to GitHub
- You demonstrate hands-on experience in solving sequential decision making problems
- You have knowledge/Experience with cloud based infrastructure
- You have experience in building scalable machine learning models
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
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JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
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