Quantitative Research - Payments - Associate

JPMorgan Chase & Co., City of Westminster

Quantitative Research - Payments - Associate

Salary Not Specified

JPMorgan Chase & Co., City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 23 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 9d130a04c3f44a2398ea71aa2159ad8d

Full Job Description

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

    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

    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., 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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