If you are ambitious and looking to apply what you’ve learned to real-world financial experience, then this is the role for you. In ever-changing global markets you’ll spend your time exploring the sophisticated financial solutions we deliver across asset classes. The skills you develop and the professional network you build will serve as a solid foundation for your career. The program is an opportunity to take your career to the next level through hands-on experience, relevant skills training and valuable professional networking. Based on your individual achievements, those who successfully complete the program may receive offers of full-time employment.
Job summary
As a 2025 Summer Intern in the Quantitative Research Analyst Program, you will join our Corporate and Investment Bank Markets team for a 9 week summer internship. Our Global Markets teams develop sophisticated solutions to help clients manage risk, increase returns and solve complex financial problems. We hold leadership positions across all major financial markets worldwide. This means you'll be part of a dynamic team, helping to solve a wide range of interesting business issues and will be challenged in your work every day. Expert instructors and J.P. Morgan professionals will teach you about our history, scale, and scope of our organization today and our ambitious plans for tomorrow. We’ll teach you technical and practical skills that will help you hit the ground running.
Quantitative Research (QR) is an expert quantitative modeling group in J.P. Morgan, as well as an industry leader in financial engineering, data analytics, statistical modeling and portfolio management. In partnership with traders, marketers and risk managers across all products and regions, QR contributes to sales and client interactions, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making activities.
Job responsibilities
- Develop and enhance models and algorithms, working with quants, technologists, traders, marketers, and risk managers
- Calibrate parameters for models of market evolution, optimizing the pricing of financial instruments to increase market share, or managing the risk in existing portfolios
- Work closely with trading desks to develop statistical arbitrage strategies and other quantitative trading models
- Develop and maintain sophisticated mathematical models, cutting-edge methodologies, and infrastructure to value and hedge financial transactions ranging from mainstream flow products to complex derivative deals
- Improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide
Required qualifications, capabilities and skills
- Enrolled in a Bachelor’s, or Master’s program in a relevant field such as mathematics, statistics, physics, engineering, computer science or data science/machine learning, with expected graduation date December 2025 through August 2026
- Foundational knowledge of and proficiency in one or more programming languages - Python 2,3, C++
- Analytical, quantitative and problem solving skills, as well as demonstrated research skills
- Ability to thrive in a dynamic, collaborative work environment
- Excellent interpretive skills and the ability to present findings to a non-technical audience
- Commitment towards advancing a diverse and inclusive environment, Interest in global financial markets, excellent attention to detail, and ability to handle pressure and enjoy a collaborative environment
Preferred qualifications, capabilities and skills
- Knowledge of options pricing theory, trading algorithms, or demonstrated interest in finance through coursework or prior experience
- Confidence and initiative to take on responsibility and manage your own projects
- Knowledge of machine learning / data science theory, techniques and tools
What’s next?
Help us learn about you by submitting a complete and thoughtful application, which includes your resume. Your application and resume is a way for us to initially get to know you, so it’s important to complete all relevant application questions so we have as much information about you as possible.
After you confirm your application, we will review it to determine whether you meet certain required qualifications.
If you are advanced to the next step of the process, you’ll receive an email invitation to complete a coding challenge powered by HackerRank and a recorded video interview powered by HireVue. This is your opportunity to further bring your resume to life and showcase your experience for our recruiting team and hiring managers.
HackerRank and HireVue are required; your application will not be reviewed until these steps are completed. We strongly encourage you to complete these requirements and submit your application promptly.
We will be filling our classes on a rolling basis. We strongly encourage you to submit your application as early as possible before job postings close.
JPMorgan Chase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities.