2027 Markets Quantitative Trading & Research Associate Program – Off-Cycle Internship - Hong Kong

About the role

This 3–6-month off-cycle internship places quantitative master’s students within J.P. Morgan’s Quantitative Trading & Research group. Interns develop mathematical models, trading analytics, risk tools, and high-performance software while collaborating with traders, marketers, and risk managers across products and regions.

Responsibilities

• Develop mathematical models for derivative pricing, hedging, risk measurement, algorithmic trading, and inventory management.
• Apply machine learning and advanced analytics to pricing, portfolio optimization, client engagement, risk, and electronic trading.
• Support OTC and electronic trading by explaining model behavior, identifying portfolio risks, and performing scenario analyses.
• Research trading ideas, medium- to high-frequency strategies, portfolio construction methods, and systematic modeling approaches.
• Assess quantitative model appropriateness, limitations, and model risk; implement valuation, risk, and trading models in production.
• Design numerical algorithms, high-performance computing solutions, and software frameworks for analytics delivery.

Program and development

• Gain exposure to derivatives pricing, risk management, electronic execution, and systematic data-driven trading analytics.
• Work on hands-on projects with mentorship and participate in a speaker series.
• Successful participants may receive full-time employment offers based on individual achievements.
• Collaborate with traders, marketers, and risk managers across products and regions.