Quant Model Developer, Senior Associate
Company: JPMorgan Chase & Co.
Location: Plano
Posted on: April 2, 2026
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Job Description:
Description You enjoy building models and enjoy driving value
for the business. You have a background in economics, stats, or
financial markets. Join our dynamic team and make a meaningful
impact by working with product managers to help understand the
implications of changing macroeconomic and business conditions as
well as to develop new models and analytical techniques. As a Quant
Model Developer on the Asset Wealth Management team, you will use
advanced statistical, quantitative, and computing techniques to
develop, implement, test, and conduct analysis on advanced
financial forecasting models. These models support regulatory
requirements as well as inform business decision making. The
financial outcomes modeled range from investment assets under
management and their associated fees to deposit balances to lending
portfolio balances and their credit costs. Job responsibilities:
Design and implement quantitative models for pricing, risk
management, and financial forecasting. Develop algorithms and
statistical models to analyze financial data. Analyze large
datasets to identify trends, patterns, and insights and use
statistical tools and techniques to interpret complex data. Conduct
back-testing and stress testing of models to ensure accuracy and
reliability. Validate models against historical data and refine
them as necessary. Prepare detailed documentation of model
methodologies, assumptions, and limitations. Ensure compliance with
regulatory requirements and internal policies. Work closely with
product and risk managers and other stakeholders to understand
business needs. Collaborate with IT teams to integrate models into
existing systems. Stay updated with the latest developments in
quantitative finance and modeling techniques and explore new data
sources and methodologies to enhance model performance. Identify
and assess potential risks associated with model assumptions and
outputs while developing strategies to mitigate identified risks.
Required qualifications, capabilities, and skills: Bachelor’s or
Master’s degree in a quantitative field such as Mathematics,
Statistics, Economics, Finance, or Engineering. 3 years experience
in developing and implementing quantitative models in a financial
or business setting. Strong understanding of statistical and
mathematical modeling techniques. Familiarity with financial
instruments, markets, and risk management practices. Strong
problem-solving skills and the ability to work with complex
datasets. Ability to interpret and communicate quantitative results
to non-technical stakeholders. High level of accuracy and attention
to detail in model development and data analysis. Excellent written
and verbal communication skills for effective collaboration and
documentation. Be a team player who shows commitment and dedication
while maintaining a positive attitude and high level of performance
on high profile/time-sensitive initiatives
Keywords: JPMorgan Chase & Co., Cedar Hill , Quant Model Developer, Senior Associate, Accounting, Auditing , Plano, Texas
