Quantitative Analytics Associate- Remediations & Corrections

Location: Tempe, AZ, United States

Job Family: Quant Analytics

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a commitment to innovation, integrity, and client success. The Quantitative Analytics Associate - Remediations & Corrections role in our Quant Analytics team is pivotal in enhancing our risk management and compliance frameworks. Based in Tempe, AZ, you will leverage advanced quantitative techniques to analyze and remediate operational and financial risks, ensuring our banking operations meet the highest regulatory standards. This position offers the opportunity to work on high-impact projects that directly influence decision-making across various functions, including risk, compliance, and operations, while contributing to the stability and growth of one of the world's largest financial institutions. In this role, you will dive deep into complex datasets to identify remediation opportunities and measure the effectiveness of corrective actions. Responsibilities include developing statistical models to assess control deficiencies, collaborating with multidisciplinary teams to implement solutions, and generating insightful reports that support strategic initiatives. You will play a key part in maintaining JP Morgan Chase's reputation for robust risk management, particularly in areas governed by regulations like Basel III and Dodd-Frank. Your work will involve using cutting-edge analytics tools to transform raw data into actionable intelligence, helping to mitigate risks and optimize processes in our dynamic financial services environment. We seek a detail-oriented professional passionate about quantitative finance and regulatory compliance. Joining JP Morgan Chase means becoming part of a supportive culture that values diversity, professional growth, and work-life balance. With access to world-class resources and mentorship from industry experts, this role provides a platform to advance your career while making a tangible impact on global finance. If you thrive in a collaborative, innovative setting and are ready to apply your analytical expertise to real-world challenges, we invite you to explore this exciting opportunity in Tempe, AZ.

Key Responsibilities

• Conduct quantitative analysis to identify and assess remediation needs across JP Morgan Chase's risk and compliance functions
• Develop and implement statistical models to evaluate the effectiveness of corrections and control enhancements
• Collaborate with cross-functional teams to provide data-driven insights for decision-making in regulatory compliance
• Analyze large datasets from internal systems to detect patterns in operational risks and financial discrepancies
• Prepare detailed reports and visualizations on remediation progress for senior management and regulators
• Support the design and testing of remediation strategies to ensure alignment with JP Morgan's risk management framework
• Monitor key performance indicators (KPIs) related to corrections and recommend process improvements
• Ensure adherence to financial industry standards such as Dodd-Frank and SOX in all analytical work
• Participate in audits and validation exercises for quantitative models used in remediations
• Contribute to the continuous improvement of analytics tools and methodologies within the Quant Analytics team

Required Qualifications

• Bachelor's degree in Quantitative Finance, Mathematics, Statistics, Computer Science, or a related field
• 2-4 years of experience in quantitative analytics, data analysis, or risk management within the financial services industry
• Proficiency in programming languages such as Python, R, or SQL for data manipulation and analysis
• Strong understanding of financial regulations, compliance standards, and remediation processes in banking
• Experience with data visualization tools like Tableau or Power BI
• Ability to handle large datasets and perform statistical modeling
• Excellent analytical and problem-solving skills with attention to detail

Preferred Qualifications

• Master's degree in a quantitative discipline or MBA with a focus on finance
• Prior experience at a major financial institution like JP Morgan Chase in risk or compliance roles
• Knowledge of Basel III regulations and stress testing methodologies
• Certification in data analytics (e.g., CFA, FRM, or Certified Analytics Professional)
• Experience with machine learning techniques applied to financial data

Required Skills

• Quantitative modeling and statistical analysis
• Programming in Python, R, and SQL
• Data visualization with Tableau or Power BI
• Financial risk assessment and compliance knowledge
• Problem-solving and critical thinking
• Attention to detail and accuracy in reporting
• Communication and presentation skills
• Team collaboration and stakeholder management
• Machine learning basics for predictive analytics
• Regulatory reporting and audit support
• Excel advanced functions and VBA scripting
• Big data handling with tools like Hadoop or Spark
• Time management in fast-paced environments
• Adaptability to evolving financial regulations
• Analytical mindset for complex problem resolution

Benefits

• Competitive base salary and performance-based annual bonuses
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness programs at JP Morgan Chase locations
• Flexible work arrangements and hybrid work options in Tempe, AZ

JP Morgan Chase is an equal opportunity employer.