Quant jobs / JPMorgan

Quantitative Research – Risk Off-Cycle Internship 2027

Off-cycle internship in the quantitative modelling programme covering risk and treasury. Interns develop and review models and maintain risk tooling.

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.

Analyse data for patterns and run backtests of strategies
Review models for conceptual soundness and suggest improvements
Maintain and extend software used by risk and treasury teams
Help build and validate mathematical models across asset classes

What they ask for

Required

Enrolled on a Master's in a quantitative subject
Graduating between September 2026 and March 2028
Python and/or C++
Modelling and problem solving
Communication of complex ideas

Preferred

R, MATLAB or SQL
Banking products and market dynamics
Familiarity with AI tools for research and coding

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

How to prepare

Backtest a simple VaR model and check exceedances in Python
Learn how model validation judges assumptions and limitations
Build a small ALM or interest-rate-risk example with a rate shock
Review SR 11-7 style model risk basics

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.