Investment Banking Jobs in New Jersey

INTRODUCTION

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers, and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo, and striving to be best-in-class.

JOB SUMMARY

As a Quantitative Researcher in Wholesale Credit Risk Modeling, you develop and enhance quantitative models that support responsible growth and strong risk controls. You will partner with credit risk, finance, and technology teams to translate business needs into scalable model solutions. You will help us strengthen model methodology, documentation, and governance for key regulatory and risk management use cases. You will present model approaches, results, and limitations to senior stakeholders and model governance forums.

JOB RESPONSIBILITIES

- Develop software and analytic solutions to enable statistical model developers and users build, improve, test, maintain, use, and monitor models.
- Partner with quantitative model developers to identify bottlenecks in model development, validation, and documentation, then implement AI-enabled solutions that are fit-for-purpose under model risk management expectations.
- Design and build agentic AI workflows tooling that accelerates model calibration, back-testing, sensitivity analysis, performance monitoring, and diagnostics while preserving methodological integrity and transparency.
- Develop reusable, well-tested Python frameworks and libraries that enable broader adoption across the modeling organization.
- Communicate workflow designs, efficiency gains, and limitations clearly to model governance committees, senior leadership, and cross-functional partners.

BASIC QUALIFICATIONS

- Master's degree in a quantitative or computing discipline (computer science, engineering, data science, statistics etc.) or a bachelor's degree and at least 3 years of relevant experience.
- Hands-on programming experience in Python for data analysis and modeling (including pandas and NumPy).

PREFERRED QUALIFICATIONS

- Demonstrated experience working with large datasets and building repeatable data pipelines for modeling.
- Experience designing or implementing AI/ML workflows, agentic systems, or intelligent automation in a risk, analytics, or data-intensive environment.
- Ability to explain complex technical concepts to non-technical stakeholders in clear, concise language, including limitations and control considerations.

About us

JPMorgan Chase, 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.

ABOUT THE TEAM

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.