Quantitative Trading & Research Analyst - RMBS Underwriting

Overview

Become a key member of a leading Residential Mortgage-Backed Securities (RMBS) underwriting group as a Desk Strategist Analyst within Quantitative Trading and Research (QTR). This role involves collaboration across underwriting, structuring, financing, banking, trading, risk management, and technology functions. The focus is on creating advanced analytics and tools that influence collateral evaluation, risk pricing, client engagement, and transaction execution.

Role Responsibilities

• Handle large-scale datasets to generate consistent, automated reports and analyses for the trading desk.
• Design and implement quantitative tools supporting decisions on RMBS underwriting, pricing, structuring, and securitization transactions.
• Develop and refine scalable tools to enhance the accuracy, usability, and efficiency of analytics and modeling in a live deal environment.
• Support the upkeep and enhancement of internal valuation models, scenario analyses, and risk assessment frameworks as needed.
• Work closely with technology teams to integrate analytic tools with existing desk systems and data infrastructure ensuring robustness and maintainability.
• Apply rigorous engineering practices such as testing, documentation, and version control, including utilizing firm-approved AI-assisted development techniques to speed delivery.

Candidate Qualifications

• A bachelor's or master's degree in a quantitative field such as computer science, mathematics, statistics, engineering, physics, or economics/finance.
• Proficiency in Python programming is essential.
• A solid quantitative background coupled with a strong interest in financial markets.
• Excellent communication skills to work effectively with both technical and non-technical colleagues.
• Self-driven with critical thinking abilities, a strong sense of ownership, and meticulous attention to detail.

Preferred Skills

• Experience with SQL is advantageous.
• Background in financial markets is beneficial.
• Knowledge of mortgage or structured financial products is a plus.
• Demonstrated experience in building reusable tools that serve multiple users beyond single analyses.

About JPMorgan Chase

JPMorgan Chase is one of the oldest financial firms globally, providing innovative financial solutions across investment banking, consumer and small business banking, commercial banking, transaction processing, and asset management. With a history exceeding two centuries, it serves millions worldwide under the J.P. Morgan and Chase brands.

Compensation and Benefits

Compensation is competitive and reflective of the role, experience, skills, and location. Eligible roles may also offer commissions and discretionary incentives, paid in cash or equity. Employees have access to comprehensive benefits including health coverage, wellness centers, retirement plans, childcare support, tuition reimbursement, mental health resources, and financial coaching. Detailed compensation and benefits information is shared during hiring.

Diversity and Inclusion

JPMorgan Chase values diversity and inclusion, committing to equal opportunity employment without discrimination on legally protected characteristics. The company provides reasonable accommodations for religious practices, mental health, and physical disabilities.

Team Background

J.P. Morgan's Commercial & Investment Bank is a global leader in banking, markets, securities services, and payment solutions, serving a worldwide clientele across more than 100 countries.