Job Description

Job Description

At JPMorganChase, we champion your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you are passionate, curious and ready to make an impact, we are looking for you.

Job Summary

As a Quantitative Finance Summer Analyst & Associate in the Quantitative Finance Program, you will work alongside top-tier professionals in a dynamic environment. You’ll apply academic knowledge to real-world financial challenges, gain hands-on experience, and build a valuable network. This program sets a solid foundation for your career, with potential full-time offers upon successful completion.

Job Responsibilities:

• Analyze data to identify patterns, revenue opportunities, and market trends.
• Conduct back testing and assess risk management strategies.
• Maintain and improve software systems and tools for trading operations.
• Assess models for conceptual soundness, risks, and enhancements.
• Propose creative solutions to complex challenges.
• Collaborate with internal teams to advance trading services.
• Focus on model development and review of conceptual design.
• Develop, validate, and enhance mathematical models and algorithms.
• Optimize financial solutions across asset classes and instruments.

Required qualifications, capabilities, and skills:

• Enrolled in a Bachelor’s, Master’s, or PhD program in mathematics, statistics, physics, engineering, computer science, economics, or data science/machine learning, graduating between December 2026 and August 2027.
• Proficiency in Python, C++, or Java.
• Strong analytical, quantitative, and problem-solving skills.
• Excellent communication skills for presenting complex concepts.
• Interest in banking analytics, global markets, and quantitative research.
• Ability to thrive in a fast-paced, collaborative environment.

Preferred qualifications, capabilities, and skills

• Experience with R, MATLAB, or SQL.
• Familiarity with data visualization tools like Tableau or Power BI.
• Understanding of banking products, financial instruments, and market dynamics.
• Strong organizational skills for managing multiple projects.
• Ability to articulate complex quantitative concepts to diverse audiences.

Locations:

• New York Metro, NY
• Plano, TX
• Chicago, IL

Teams Available:

Quantitative Analytics Analyst & Associate:

• Role: Work on developing complex solutions that support JPMorganChase's global business. Engage in financial engineering, derivatives modeling, asset and liability management, and risk management.
• Team Tasks: Develop or validate mathematical models, methodologies, and tools. Collaborate across the organization to solve problems and propose innovative solutions.

Quantitative Research Analyst & Associate:

• Role: Develop sophisticated financial solutions across asset classes to help clients manage risk, increase returns, and solve complex financial problems. Engage in quantitative modeling, data analytics, statistical modeling, and portfolio management.
• Team Tasks: Collaborate with quants, technologists, traders, marketers, and risk managers to enhance models and algorithms. Calibrate parameters for market evolution models, optimize pricing, manage portfolio risks, and develop statistical arbitrage strategies. Maintain mathematical models and methodologies for valuing and hedging financial transactions, and improve algorithmic trading strategies.

Asset Management Analyst & Associate:

• Role: Apply cutting-edge quantitative investment and data science techniques across a broad range of applications and data types. Create solutions for corporate, government, not-for-profit, and individual clients worldwide. Work in product teams including equities, fixed income, multi-asset solutions, real assets, hedge funds, and private equity. Projects can include developing innovative asset return prediction strategies; now-casting economic conditions; and estimating risk sensitivities. 
• Team Tasks: Collaborate with investors, client portfolio managers, traders, research analysts, marketers, and client advisors to develop and implement investment strategies. Engage in assignments that directly impact clients, helping them achieve their business goals. Network with industry leaders and access best-in-class training to sharpen technical skills and finance principles.

What’s Next?

We will review summer internship applications as they are received and extend offers on a rolling basis.  We strongly encourage you to apply early, as programs will close as positions are filled.

JPMorganChase 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.

Visit  jpmorganchase.com/careers for upcoming events, career advice, our locations and more.

©2025 JPMorganChase is an equal opportunity and affirmative action employer Disability/Veteran

About Us

JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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