Logo of Huzzle

2025 - Corporate & Investment Bank - Markets Quantitative Research Analyst Program - Summer Internship - (London)

  • Internship
    Full-time
    Summer Internship
  • Data
    Banking & Finance

AI generated summary

  • You must be enrolled in a relevant program, skilled in Python/C++, possess analytical abilities, and have an interest in finance and global markets. Strong communication and teamwork skills are essential.
  • You will enhance models, calibrate parameters, develop trading strategies, maintain mathematical models, and improve algorithmic trading performance while collaborating with various teams.

Requirements

  • - Enrolled in a Bachelor’s, or Master’s program in a relevant field such as mathematics, statistics, physics, engineering, computer science or data science/machine learning, with expected graduation date December 2025 through August 2026
  • - Foundational knowledge of and proficiency in one or more programming languages - Python 2,3, C++
  • - Analytical, quantitative and problem solving skills, as well as demonstrated research skills
  • - Ability to thrive in a dynamic, collaborative work environment
  • - Excellent interpretive skills and the ability to present findings to a non-technical audience
  • - Commitment towards advancing a diverse and inclusive environment
  • - Interest in global financial markets
  • - Excellent attention to detail
  • - Ability to handle pressure and enjoy a collaborative environment
  • - Knowledge of options pricing theory, trading algorithms, or demonstrated interest in finance through coursework or prior experience
  • - Confidence and initiative to take on responsibility and manage your own projects
  • - Knowledge of machine learning / data science theory, techniques and tools

Responsibilities

  • Develop and enhance models and algorithms, working with quants, technologists, traders, marketers, and risk managers
  • Calibrate parameters for models of market evolution, optimizing the pricing of financial instruments to increase market share, or managing the risk in existing portfolios
  • Work closely with trading desks to develop statistical arbitrage strategies and other quantitative trading models
  • Develop and maintain sophisticated mathematical models, cutting-edge methodologies, and infrastructure to value and hedge financial transactions ranging from mainstream flow products to complex derivative deals
  • Improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide

FAQs

What is the duration of the internship program?

The internship program lasts for 9 weeks during the summer.

When should candidates expect to graduate to be eligible for the internship?

Candidates should expect to graduate between December 2025 and August 2026.

What kind of programming languages are preferred for this role?

Candidates should have foundational knowledge and proficiency in one or more programming languages, such as Python (versions 2 and 3) or C++.

Is knowledge of financial concepts necessary for this internship?

While not mandatory, knowledge of options pricing theory, trading algorithms, or demonstrated interest in finance through coursework or prior experience is preferred.

What skills are required for the Quantitative Research Analyst internship?

Required skills include analytical, quantitative, and problem-solving abilities, as well as excellent interpretive skills to present findings to a non-technical audience.

What can interns expect in terms of training and mentorship during the program?

Interns will receive hands-on experience, relevant skills training, and mentorship from expert instructors and J.P. Morgan professionals.

What happens after I submit my application?

After submission, your application will be reviewed to ensure you meet the required qualifications. If successful, you will receive an email invitation to complete a coding challenge and a recorded video interview.

Are accommodations available for candidates with disabilities?

Yes, JPMorgan Chase provides reasonable accommodations for known disabilities during the application process and employment.

What is the company's stance on diversity and inclusion?

JPMorgan Chase is committed to creating an inclusive work environment and values diversity, promoting equal opportunity hiring without discrimination based on any protected attribute.

When is the best time to submit my application?

It is strongly encouraged to submit your application as early as possible, as the hiring process operates on a rolling basis.

Finance
Industry
10,001+
Employees
2000
Founded Year

Mission & Purpose

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world. Today, we're a leading global financial services firm with operations servicing clients in more than 100 countries. Whether we are serving customers, helping small businesses, or putting our skills to work with partners, we strive to identify issues and propose solutions that will propel the future and strengthen both our clients and our communities. © 2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.

Benefits

  • Healthcare and Insurance Plans

    Our employees are entitled to a variety of healthcare insurance plans, ranging from medical, dental and vision, to life and accident, disability, before-tax spending accounts, and group legal services.

  • Wellness Programs

    We are committed to providing employees with exceptional care — including arranging wellness screenings and assessment as well as access to health coaches, counseling, and guidance services for our employees.

  • Employee Programs

    Programs offered to eligible employees include parental leave, back-up child care services, flexible work options, matching gifts, discounts on banking services, electronics, arts and entertainment, fitness programs, travel and more.

  • Family Care

    We know how important your family's health is to you so we offer a variety of healthcare packages that cover you and your partner, your children and your parents.

  • Hybrid Working Model

    Dependent on the needs of the business and the nature of the role, JPMorgan Chase offers a hybrid work model for some roles, with at least three days on-site.