Quant jobs / JPMorgan

Quantitative Research – Risk and Treasury Summer Internship 2027

Summer internship in the quantitative modelling programme with teams in model risk review, wholesale credit risk and treasury balance sheet strategy. Interns help build or review models.

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.

Review a model's assumptions, inputs and implementation and draft validation findings
Build credit models for borrower grading and default forecasting
Model interest rate risk, liquidity or balance sheet optimisation for Treasury
Run backtests and maintain risk tooling

What they ask for

Required

Master's or PhD student in a quantitative subject
Graduating December 2027 to August 2028
Python and/or C++
Modelling and quantitative problem solving
Communication

Preferred

Two-year Master's or PhD preferred
R, MATLAB or SQL
Banking products and market dynamics
AI tools for research

Education: Master's or PhD student in maths, statistics, physics, engineering, computer science, economics or data science
Experience: Students; potential full-time offer
Languages and tools: Python
C++
R
MATLAB
SQL
Markets: credit, fixed-income, multi-asset

How to prepare

Validate a simple credit scorecard: discrimination, calibration and stability
Model deposit run-off or a net interest income sensitivity to rate shocks
Study model risk governance and how validation reports are structured
Practise stress testing a portfolio in Python

What to study

The Model Validation 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.