69 Quantitative Research jobs in the United States

Duties: Develop, deploy, and support production code and algorithms for electronic market making of agency Mortgage-Backed Securities (MBS) products in in-house systems. Support MBS trading desk by developing quantitative models, explaining model and algorithm behaviors, carrying out scenario analysis, developing and delivering quantitative tools, and supporting analytics. Develop, maintain, and enhance MBS models for valuation, risk management, PnL calculation, portfolio analytics, quoting and market making algorithms, and analytical tools of fixed income mortgage-related products in Securitized Products Group business. Conduct research to enhance real-time pricing algorithms and hedging strategies using machine learning and statistical modeling techniques. Perform large-scale data analysis on market moves and trade data to provide insights and solutions to data accuracy, trends, and limitations to assure robust model estimations. Perform mathematical and statistical analysis, and financial modeling for the development of the securitized products model with Python and SQL. Document models and end-to-end processes for pricing and risk analytics of Securitized Products Group products, and communicate with model review group, business users, and regulators to make models pass strict internal and regulatory standards and facilitate efficient model review and approval. Develop procedures for model calibration and conduct model performance tracking and analysis. Work closely with the technology team on the ongoing improvements to existing infrastructures, implementation of new model frameworks, and the integration of models in applications.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Finance, Mathematics, Financial Engineering, Computational Finance, Statistics, or related field of study plus 3 years of experience in the job offered or as Quantitative Research, Mortgage Modeler, Securitized Products Strategy, or related occupation.

Skills Required: This position requires three (3) years of experience with the following: Python; securitized products modeling; conducting research and data analysis for the prepay and default behaviors on loan level and pool level using large mortgage performance datasets; and using data analytics packages including NumPy and pandas. This position requires one (1) year of experience with the following: C++; SQL or MySQL; coding in Linux batch scripting language; developing prepayment and default models for mortgages and mortgage- backed securities; generating multi-period projections based on complex market conditions using Monte Carlo Simulation analysis; developing logistic regression models; developing time series models; developing quantitative models; Python statistical modeling package including statsmodels, SciPy, and scikit-learn; Bloomberg Python APIs; Yieldbook Python APIs; supporting agency mortgage-backed securities trading desk by performing statistical analysis and building analytical tools; MBS market and MBS derivative products including to-be-announced (TBA) securities, specified pools, collateralized mortgage obligations (CMO), MBS derivatives, and mortgage servicing rights; eMBS data; 1010data.

Job Location: 383 Madison Avenue, New York, NY 10179.

Full-Time. Salary: $215,000 - $85,000 per year.

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 incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary
New York,NY 215,000.00 - 285,000.00 / year

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

JOB DESCRIPTION

We are seeking a quantitative researcher to join the Portfolio Management Analytics team based in Newport Beach. The PIMCO Analytics team is dedicated to developing cutting-edge analytical tools that enhance portfolio management decision-making and establish a best in class risk analytics framework for the firm.

In this role, you will have the opportunity to conduct research and develop sophisticated risk analytics models for fixed income securities as well as interest rate, FX, and equity derivatives. You will also contribute to the development and enhancement of PIMCO's comprehensive portfolio risk and attribution framework, providing insights that inform investment decisions and portfolio construction.

Your responsibilities will include developing pricing models to assess risk, analyzing historical returns, analyzing portfolio risk factor models and their tail risk behavior, and identifying drivers of return across a diverse range of portfolios managed by PIMCO. You will collaborate closely with Portfolio Managers and the Risk Team to leverage the Analytics investment toolkit, delivering insights that support investment decision-making.

The ideal candidate will possess strong mathematical modeling skills, empirical research experience, and proficiency in programming. Additionally, you should be able to communicate complex technical concepts clearly and effectively to senior management and portfolio managers. If you are passionate about quantitative research and eager to make a significant impact in the field of portfolio management, we encourage you to apply.

Desired candidates should possess the following skills and characteristics:

• Master's degree in a quantitative discipline (mathematics, engineering, econometrics, physics); PhD degree preferred
• 0-2 years of experience in a quantitative analytics role within a trading environment or experience applying advanced quantitative techniques to solve highly complex, data-intensive problems
• Strong quantitative skills, specifically financial mathematics, probability, and statistics
• Strong programming skills and numerical problem solving techniques; proficiency with Python; C++ is a plus
• General understanding of fixed income market, quantitative risk analytics and portfolio construction
• Formal training in econometrics or stochastic differential equations is desired, particularly in time series analysis, option theory, numerical methods, and optimization techniques
• Ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble

• PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing of you and your family. These benefits include medical, dental and vision coverage from your first day of employment.
• 401k Savings and Retirement Plan
• Work/Life Programs such as Flexible Work Arrangements, Parental Leave & Support, Employee Assistance Plan, and Educational/CFA Certification Reimbursement Programs.
• Community involvement opportunities with The PIMCO Foundation in each PIMCO office.

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients. JOB DESCRIPTION We are seeking a quantitative researcher to join the Portfolio Management Analytics team based in Newport Beach. The PIMCO Analytics team is dedicated to developing cutting-edge analytical tools that enhance portfolio management decision-making and establish a best in class risk analytics framework for the firm. In this role, you will have the opportunity to conduct research and develop sophisticated risk analytics models for fixed income securities as well as interest rate, FX, and equity derivatives. You will also contribute to the development and enhancement of PIMCO's comprehensive portfolio risk and attribution framework, providing insights that inform investment decisions and portfolio construction. Your responsibilities will include developing pricing models to assess risk, analyzing historical returns, analyzing portfolio risk factor models and their tail risk behavior, and identifying drivers of return across a diverse range of portfolios managed by PIMCO. You will collaborate closely with Portfolio Managers and the Risk Team to leverage the Analytics investment toolkit, delivering insights that support investment decision-making. The ideal candidate will possess strong mathematical modeling skills, empirical research experience, and proficiency in programming. Additionally, you should be able to communicate complex technical concepts clearly and effectively to senior management and portfolio managers. If you are passionate about quantitative research and eager to make a significant impact in the field of portfolio management, we encourage you to apply. Desired candidates should possess the following skills and characteristics: Master's degree in a quantitative discipline (mathematics, engineering, econometrics, physics); PhD degree preferred 0-2 years of experience in a quantitative analytics role within a trading environment or experience applying advanced quantitative techniques to solve highly complex, data-intensive problems Strong quantitative skills, specifically financial mathematics, probability, and statistics Strong programming skills and numerical problem solving techniques; proficiency with Python; C++ is a plus General understanding of fixed income market, quantitative risk analytics and portfolio construction Formal training in econometrics or stochastic differential equations is desired, particularly in time series analysis, option theory, numerical methods, and optimization techniques Ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble BENEFITS PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing of you and your family. These benefits include medical, dental and vision coverage from your first day of employment. 401k Savings and Retirement Plan Work/Life Programs such as Flexible Work Arrangements, Parental Leave & Support, Employee Assistance Plan, and Educational/CFA Certification Reimbursement Programs. Community involvement opportunities with The PIMCO Foundation in each PIMCO office. PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance. Salary Range: $ 165,000.00 - $ 215,000.00 Equal Employment Opportunity and Affirmative Action Statement PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws. Applicants with Disabilities PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days. #J-18808-Ljbffr

Get AI-powered advice on this job and more exclusive features. This range is provided by Evolve Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $200,000.00/yr - $00,000.00/yr Direct message the job poster from Evolve Group Job Title: Head of Quantitative Research Location: New York, 5 days a week in office Compensation: 700k - 1.5m (total compensation) We’re looking for a senior quantitative leader with deep expertise across alpha research, portfolio construction, or risk management to head our client’s growing quant research team. This is a hands-on leadership role, ideal for someone who can drive research strategy and mentor a team while maintaining close proximity to the investment process. What You’ll Do: Lead research initiatives across alpha generation, portfolio construction, and portfolio management Design and refine strategies including alpha capture, risk management, and hedging techniques Partner with Portfolio Managers and Engineers to bring models into production and improve PnL predictability Oversee ongoing research efforts around factor exposures, portfolio optimisation, and performance attribution Build and scale research infrastructure and mentor junior researchers What We’re Looking For: 10+ years of experience in quantitative research or portfolio management, ideally on the buy-side Strong track record in alpha research, signal development, or systematic portfolio construction Deep understanding of risk models, optimisation techniques, hedging strategies, and alpha capture frameworks Experience managing research teams or leading cross-functional quant initiatives Proficient in Python (or similar) with the ability to work in production research environments Strategic mindset combined with a hands-on approach to research and implementation If you're ready to take ownership of a high-impact quant research function, help shape strategy, and lead from the front in a high-capital environment, we’d love to hear from you. Seniority level Seniority level Director Employment type Employment type Full-time Job function Job function Research and Information Technology Industries Capital Markets and Financial Services Referrals increase your chances of interviewing at Evolve Group by 2x Vice President, Research and Intelligence Director New York City Metropolitan Area $120,000.0 - 165,000.00 1 day ago New York, NY 215,000.00- 250,000.00 1 day ago New York, NY 105,000.00- 160,500.00 4 months ago New York City Metropolitan Area 2 weeks ago New York, NY 232,000.00- 421,100.00 1 month ago Research Director or Senior Director- For Future Consideration New York, NY 100,000.00- 150,000.00 2 weeks ago New York, NY 145,000.00- 197,000.00 1 week ago New York, NY 93,300.00- 150,100.00 2 weeks ago Head of Insights, Marketing - Corporate Affairs New York, NY 185,000.00- 250,000.00 4 days ago New York, NY 230,000.00- 250,000.00 1 day ago New York, NY 107,500.00- 174,900.00 2 weeks ago Executive Director & Global Head, Alternatives Marketing New York, NY 225,000.00- 300,000.00 4 days ago Senior Vice President, Client & User Research New York, NY 119,000.00- 221,000.00 2 weeks ago New York, NY 205,000.00- 225,000.00 1 month ago Global Research - Digital Content Strategy and Curation - Vice President New York, NY 150,000.00- 175,000.00 2 weeks ago New York, NY 175,000.00- 200,000.00 1 month ago New York City Metropolitan Area 140,000.00- 160,000.00 1 week ago Experience Research - Payments, Vice President Little Falls, NJ 140,000.00- 160,000.00 1 week ago Senior Director of Research & Evaluation, Bureau of Brooklyn Neighborhood Health Executive Director, Clinical Sciences & Trial Acceleration East Hanover, NJ 225,400.00- 418,600.00 1 week ago Brand Marketing Insights & Strategy Associate Director, Brand & Content Marketing Newark, NJ 106,400.00- 185,000.00 1 week ago Content Strategy and Insights, Vice President New York, NY 125,000.00- 145,000.00 4 weeks ago New York, NY 120,000.00- 125,000.00 3 days ago Linda May Uris Director, Humanities and Social Sciences Research Divisions/Stephen A. Schwarzman Building Center Director New York, NY 265,000.00- 290,000.00 1 month ago Corporate Solutions Strategic Initiative Director-R-249729 Research Program Director - Hematology & Medical Oncology New York, NY 121,366.88- 171,375.30 2 months ago New York, NY 150,000.00- 175,000.00 3 weeks ago Head of Clinical Network and Longitudinal Research Head of Clinical Network and Longitudinal Research New York, NY 162,500.00- 266,250.00 1 week ago East Hanover, NJ 284,000.00- 426,000.00 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr

In additional to model development and implementation, we expect you to share in a balanced mixture of responsibilities, including support for and discussion with traders, model testing and documentation, model deployment, pricing and risk investigation, product-specific analysis, software and trading tool development.

Job Responsibilities:

• Develop arbitrage-free financial models based on stochastic processes for pricing and risk management of interest rate derivatives.
• Implement and maintain C++/Python analytics library; write well-formulated documents on testing and validation of models for internal and regulatory reviews/approval.
• Deliver infrastructural analytics for historical back-testing and conduct research on market behaviors through statistical analysis.
• Provide on-site support to traders, control functions and other relevant teams: explain model behaviors and Profit and Loss (pnl)-prediction at request; conduct quick diagnosis on any reported model issue; identify major sources of risks in portfolio; carry out scenario analysis; facilitate new business/product structures, etc.

• Advanced degree (PhD, Master or equivalent) in Mathematics, Math Finance, Physics, Engineering or other quantitative fields.
• Good understanding on advanced mathematical topics, e.g. probability theory, stochastic calculus, partial differential equations, numerical analysis, optimization etc.
• Strong engineering/scientific programming skills in C++/Python.
• Strong analytical and problem solving abilities.
• Strong communication skills, both oral and written.
• Motivated to learn and genuine interest in Interest Rate Models.

• Knowledge or experience on interest rate modelling is a plus but not strictly required.

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 incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary
New York,NY $100,000.00 - $125,000.00 / year