2027 Quantitative Research – Markets – Summer Internship - Associate– United States

About the role

Join JPMorgan Chase's Quantitative Trading & Research Markets team as a Summer Associate. Develop quantitative models, support trading strategies, and collaborate across teams in a dynamic environment. This internship offers hands-on experience, skills training, and potential full-time employment.

Role Responsibilities

• Develop and maintain mathematical models, algorithms, and supporting infrastructure.
• Value and hedge financial transactions across various products.
• Support quantitative modeling and research for trading strategies.
• Collaborate with trading teams to apply research insights.
• Partner with researchers, technologists, traders, marketing, and risk managers.
• Conduct alpha research, calibrate models, and optimize pricing of instruments.

Program Details

• Hands-on experience with quantitative trading and research.
• Training by expert instructors and JPMorgan professionals.
• Opportunity for full-time employment based on performance.
• Focus on technical and practical skills development.
• Networking with professionals across products and regions.
• Dynamic, challenging work environment.

Required Qualifications

• Enrolled in a PhD program in relevant fields like math, physics, or computer science.
• Graduating between December 2027 and August 2028.
• Experience in programming languages such as Python or C++.
• Strong analytical, quantitative, and problem-solving skills.
• Research experience through coursework or projects.
• Effective communication to non-technical audiences.

Preferred Qualifications

• Knowledge of options pricing theory or trading algorithms.
• Interest in finance through coursework or experience.
• Confidence and initiative to manage projects independently.
• Knowledge of machine learning and data science concepts.
• Advanced proficiency in any programming language.

Location

• Position based in New York Metro area.

Application Process

• Submit a complete application including resume.
• Complete coding challenge via Hackerrank if advanced.
• Complete self-recorded video assessment via HireVue.
• Both assessments are mandatory for further consideration.
• Encouraged to apply and complete assessments early.
• Reasonable accommodations available for applicants with disabilities.