Quant jobs / JPMorgan

Quant Modeling Lead – Wholesale Credit Risk – Vice President

A quant researcher who builds wholesale credit risk models for corporate and commercial loan portfolios. It sits in JPMorgan's risk modelling group and feeds regulatory and risk management uses.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Build credit loss and stress testing models for commercial and structured portfolios
Develop rating and credit officer-facing risk models
Design numerical methods for estimating, calibrating and validating models
Speed up model runtimes with high-performance computing
Present methods, results and limitations to model governance committees

What they ask for

Required

Master's or PhD in a quantitative field
5+ years building statistical or economic models in finance or risk
Python with pandas and NumPy
3+ years of machine learning on large datasets
Repeatable data pipelines
Wholesale credit risk knowledge
Documentation and testing discipline
Explaining models to non-specialists

Preferred

Doctorate in a quantitative field
Numerical calibration (optimisation, root-finding)
Network analytics for contagion risk
Linux and cloud model tooling such as MLflow or SageMaker

Education: Master's or PhD in economics, finance, physics, maths, CS or similar; doctorate preferred.
Experience: 5+ years developing statistical or economic models in financial services or risk.
Languages and tools: Python
Markets: credit

How to prepare

Learn the basics of probability of default, loss given default and expected credit loss modelling
Build a simple rating transition or PD model on public credit data in Python
Study how stress testing scenarios drive loss projections
Practise documenting a model's assumptions and limitations

What to study

The Risk Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on JPMorgan’s site before applying: requirements, location and pay can change after we check them.

View the posting on JPMorgan’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with JPMorgan and doesn’t handle applications.