2027 Quantitative Research - Markets - Summer Internship - Analyst - United States
New York, NY
Internship
Onsite
$110K/yr - $110K/yr
Intern
JPMorganChase is a global financial institution providing banking, markets, and investment solutions. The Summer Analyst will support quantitative research, systematic trading, financial modeling, valuation, risk management, and portfolio optimization within the Quantitative Trading & Research Markets team. The role involves collaborating with traders, technologists, and risk managers to develop models, algorithms, and data-driven strategies for financial markets.
Responsibilities
Develop and maintain mathematical models and cutting-edge algorithms, methodologies, and supporting infrastructure
Value and hedge financial transactions across a range of products, from flow products to complex derivative deals
Support quantitative modeling and research that inform trading strategies and decision-making
Collaborate with trading teams to translate research insights into practical market applications
Partner with quantitative researchers, technologists, traders, marketing, and risk managers across teams
Conduct alpha research, calibrate model parameters, and optimize pricing of financial instruments to support growth and market share
Manage risk in existing portfolios
Qualification
Required
Enrolled in a Bachelor's or Master's program in a relevant field (e.g., mathematics, statistics, physics, engineering, computer science, data science, or machine learning)
Graduating between December 2027 and August 2028
Demonstrates computer programming experience (e.g., Python, C++, or another programming language)
Demonstrates analytical, quantitative, and problem-solving skills
Demonstrates research skills (through coursework, projects, or academic work)
Works effectively in a dynamic, collaborative environment
Presents findings clearly to non-technical audiences through written and verbal communication
Attends a college or university in the United States
A strong interest in global financial markets is essential, as are analytical and quantitative skills, flexibility, teamwork, excellent attention to detail, and the ability to handle pressure and enjoy a collaborative environment
A strong focus on science or engineering in your undergraduate studies is important
Preferred
Demonstrates knowledge of options pricing theory or trading algorithms, or a demonstrated interest in finance through coursework or prior experience
Shows confidence and initiative to take ownership and manage projects independently
Applies knowledge of machine learning and data science concepts, techniques, and tools
Benefits
Expert instructors and J.P. Morgan professionals will teach you about our history, scale, and scope of our organization today and our ambitious plans for tomorrow.
Technical and practical skills training
Valuable professional networking
Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.
Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching
JPMorganChase is a financial services company providing banking, investment, financial management, and related services. It is a sub-organization of PricingDirect.
