About the role#
As a Quantitative Research Summer Associate, you will join the Quantitative Modeling Program to apply academic knowledge to real-world financial challenges. You will work alongside professionals in our Risk and Treasury divisions to gain hands-on experience in model development, validation, and financial strategy. This program provides exposure to various business activities, including model risk governance, wholesale credit solutions, and balance sheet strategy. Successful completion of this internship may lead to a full-time offer.
What you'll do#
- Develop, validate, and enhance mathematical models and algorithms.
- Analyze data to identify patterns and trends.
- Conduct back testing and assess strategies for conceptual soundness and risk.
- Maintain and improve software systems and tools for risk and treasury operations.
- Collaborate with internal teams to advance risk and treasury services.
- Optimize financial solutions across various asset classes and instruments.
- Communicate complex quantitative concepts to diverse audiences.
What you'll need#
- Enrollment in a Master’s or PhD program in mathematics, statistics, physics, engineering, computer science, economics, or data science/machine learning, with a graduation date between December 2027 and July 2028.
- Proficiency in Python and/or C++ programming.
- Strong modeling, analytical, quantitative, and problem-solving skills.
- Genuine interest in banking analytics, global markets, and quantitative research.
- Ability to work effectively in a collaborative environment.
- Familiarity with R, MATLAB, or SQL is preferred.
- Understanding of financial instruments, banking products, and market dynamics is preferred.
Location & details#
- Term: Summer 2027
- Modality: On-site
- Locations: New York, NY; Plano, TX; Chicago, IL
- Employment type: Full-time
- Compensation: Paid internship
About JPMorganChase
JPMorganChase is a financial services firm based in New York City. It operates in 100 markets and serves millions of customers, including corporate, institutional, and government clients. The company manages assets and investments while providing banking solutions and business advice. It traces its history to 1799 and was established in its current form in 2000. The firm employs over 235,000 people.
How to get in at JPMorganChase
Securing an internship at JPMorganChase requires speed because recruiters often review applications as they arrive. Intern Insider sends an instant alert the moment a role matching your target is published, which helps you apply among the first before the candidate pile grows too large. Applying early ensures your profile is seen while the team is still actively building their shortlist. You can also improve your odds by reaching out to the recruiters behind the firm's roles directly to ask about the position or a referral. Intern Insider surfaces these contacts so you can bypass the general queue and introduce yourself to the people actually making the hiring decisions, which materially improves response rates.
