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Job Summary
As a Quantitative Finance Analyst in the Quantitative Finance Program, you will work alongside top-tier professionals in a dynamic environment. You’ll apply academic knowledge to real-world financial challenges, gain hands-on experience, and build a valuable network. This program sets a solid foundation for your career, with potential full-time offers upon successful completion. Our Off-Cycle Program begins in Spring, Summer or Autumn, based on your academic schedule.
Job Responsibilities:
Analyze data to identify patterns, revenue opportunities, and market trends.Conduct back testing and assess risk management strategies.Maintain and improve software systems and tools for trading operations.Assess models for conceptual soundness, risks, and enhancements.Propose creative solutions to complex challenges.Collaborate with internal teams to advance trading services.Focus on model development and review of conceptual design.Develop, validate, and enhance mathematical models and algorithms.Optimize financial solutions across asset classes and instruments.
Required Qualifications, Capabilities, and Skills:
Enrolled in a Bachelor’s or Master’s program in mathematics, statistics, physics, engineering, computer science, economics, or data science/machine learning, graduating between January 2025 and December 2026.Proficiency in Python, C++, or Java.Strong analytical, quantitative, and problem-solving skills.Excellent communication skills for presenting complex concepts.Interest in banking analytics, global markets, and quantitative research.Ability to thrive in a fast-paced, collaborative environment.
Preferred qualifications, capabilities and skills
Experience with R, MATLAB, or SQL.Familiarity with data visualization tools like Tableau or Power BI.Understanding of banking products, financial instruments, and market dynamics.Strong organizational skills for managing multiple projects.Ability to articulate complex quantitative concepts to diverse audiences.Strong proficiency in financial modeling and data analysis - including probability theory, stochastic processes, statistics, partial differential equations, numerical analysis and econometrics.Good understanding of option pricing theory (i.e. quantitative models for pricing and hedging derivatives).
Locations:
Paris, FR
Teams Available:
Quantitative Analytics Analyst – Model Risk Governance Review: (Off-Cycle Internship)
Role: The Model Risk Governance and Review team are responsible for end-to-end model risk management across the firm. You will help mitigate the model risk of complex models used in the context of valuation, risk measurement, the calculation of capital, and more broadly for decision-making purposes. While working closely with model developers and users, you will also have an opportunity for exposure to a wide variety of businesses and functional areas.
Team Tasks: Perform model reviews: analyze conceptual soundness of complex pricing models, engines, and reserve methodologies; assess model behavior and suitability of pricing models/engines to particular products. Provide guidance on model usage and act as first point of contact for the business on all new models and changes to existing models. Develop and implement alternative model benchmarks and compare the outcome of various models; Design model performance metrics. Liaise with model developers, Risk and Valuation Control Groups and provide guidance on model risk. Evaluate model performance on a regular basis.
Application deadline: 2nd November 2025
What’s next?
After you submit your application, we will review it to determine whether you meet certain required qualifications.
If you are advanced to the next step of the process, you’ll receive an email invitation to complete a coding challenge powered by HackerRank and a recorded video interview powered by HireVue. This is your opportunity to further bring your resume to life and showcase your experience for our recruiting team and hiring managers.
HackerRank and HireVue are required; your application will not be reviewed until these steps are completed. We will review internship applications as they are received and extend offers on a rolling basis. We strongly encourage you to apply early, as programs will close as positions are filled.
JPMorganChase is committed to creating an inclusive work environment that respects all people for their unique skills, backgrounds and professional experiences. We strive to hire qualified, diverse candidates, and we will provide reasonable accommodations for known disabilities.
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