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JPMorgan Chase Bank, N.A.

Quantitative Trading & Research - Desk Strategist - Agency Mortgage Desk - Analyst

Entry-Level JobVerifiedNo experience needed

Career Insights for Investment / Portfolio Analyst

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What they do

An Investment or Portfolio Analyst advises individuals and companies about investments. Typically works with a collection of investments called a portfolio, though can also advise clients about individual investments. Studies trends that impact investments and writes reports regarding economic and business changes and activities that affect the value of investments. Can also be involved in the selling of investments, such as stocks. Works mainly in investment firms, though can also be employed in lending institutions, corporate finance departments, banks or insurance companies.

$97,573 / year median in New York

-3% projected decline

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Job Description

Are you ready to apply your programming skills to the dynamic world of finance? As a Desk Strategist for our Agency Mortgage Desk, you'll work with a team of experts to address exciting challenges in the trillion-dollar mortgage market. Your role will involve developing tools and analyses that drive trading success.
Job Summary:
As an Analyst on the Agency Mortgage Desk, you will analyze borrower prepayment behavior and its impact on market pricing and risk. You will develop Python scripts and tools to deliver market and business analysis, support trading activities, and generate reports. Collaborate with technology and internal teams to enhance trading systems and provide rapid responses during trading hours. Your work will streamline trading operations and improve efficiencies. In this role, you will be at the forefront of mortgage trading, using your programming skills to solve complex financial problems. You will build tools that enhance trading operations and collaborate with various teams to ensure seamless system integration. If you have a strong background in computer science or mathematics and a passion for finance, we invite you to join our team and make a significant impact.
Job Responsibilities:
  • Analyze borrower prepayment behavior and assess its impact on market pricing and risk.
  • Develop Python scripts and tools for market and business analysis and trading activities.
  • Collaborate with technology and internal teams on trading systems and P&L systems.
  • Provide fast-paced responses during trading hours.
  • Build tools to streamline trading operations and improve efficiencies.
Required Qualifications, Capabilities, and Skills:
  • Strong academic background in computer science or mathematics-related fields.
  • Excellent programming skills, with Python preferred; C++ knowledge is a plus.
  • Excellent communication skills.
  • Solid understanding of basic mathematical concepts.
  • Self-motivated with strong critical and independent thinking abilities.
  • Keen interest in applying programming skills to financial problems.
Preferred Qualifications, Capabilities, and Skills:
  • Prior financial experience is helpful.
  • Prior mortgage knowledge is helpful.
  • Experience working with AI tools is helpful.
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 incentiv...