Stress Testing Quant Role: Analyst

Year    Mumbai, Maharashtra, India

Job Description


:The Commercial & Investment Banking Research & Analytics Group (CIB R&A) is an integrated specialist team covering Origination (Banking and Markets), Products (Securities Services and Treasury Services), Research and Data Analytics globally. Our teams in India and China are an extension of the business teams located globally. We help global corporations, institutions and organizations of all sizes grow their businesses by providing cutting edge analytics and solutionsJob summary:This position is a Quant profile to support the activities of the CIB Modelling Centre of Excellence team, sitting out of CIB R&A in Mumbai. The incumbent will be working in a team of 25 and be responsible for the design, engineering, implementation and support of the CIB Quantitative Framework for the CCAR/ICAAP regulatory process, while also exploring opportunities to further leverage it into other activities such as the planning and forecast processes, ad hoc analysis for senior management and other strategic initiatives to support the businesses.Job responsibilities:

  • Perform in-depth data analysis, using statistical and machine learning modeling techniques including decision trees, neural networks, to creatively build predictive or explanatory models
  • Devise/improve quantitative models on new/existing regression analysis. This includes coding the entire statistical methodology in Python, R
  • Create complex codes in Python based internal platform for the implementation of the quantitative as well as qualitative models
  • Translate business needs into quantitative analyses and tools; communicate complex results to senior stakeholders in a clear and precise manner
  • Work independently and collaboratively to establish close partnerships with peers across the greater CIB organization and Global Treasury.
  • Develop metrics and statistical model prototypes that can be used to drive business decisions.
  • Lead and participate in ad-hoc projects as needed by senior management or regulatory initiatives
  • Clearly document the code of the tools created; Publish and maintain clear user documentation; Write the official Model documentation and interact with the Model Governance group for review and approval; Ensure full SIT / UAT and Change controls of tools
Required qualifications, capabilities, and skills
  • Experience of working on statistical, analytical and machine learning libraries within Python/R.
  • Ability to create complex codes from scratch as well as to understand and update already written complex codes in Python
  • Knowledge of probability theory, statistics and machine learning would be an advantage.
  • Advanced user of MS Office suite, including Word and PowerPoint
  • Close attention to detail and ability to work to very high standards
  • Strong quantitative and analytical skills
  • Strong communication skills (both written and verbal) and ability to present findings to a non-technical audience
Preferred qualifications, capabilities, and skills
  • Ideal candidates for these positions would be graduates/post-graduates with good academic records from esteemed universities with some exposure to finance/actuaries/accounting and/or derivatives.
  • Proven coding experience in any statistical coding platform (preferably Python)
  • Strong knowledge of CIB Businesses
  • Superior time management and multi-tasking skills to juggle long term projects and daily tasks
About Us:JPMorgan Chase & Co., 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 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 for more information about requesting an accommodation.About the Team:The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world\'s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

JPMorgan Chase

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Job Detail

  • Job Id
    JD3435980
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year