Volatility modeling jobs

Vice President, Quantitative Researcher — CIO Asset & Liability Management (ALM)

JPMorgan Chase & Co. · Posted Nov 5, 2026

London, England, United Kingdom
Manager

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Lead quantitative research and model development for asset and liability management, focusing on interest rate risk and pricing models.

Compensation

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. 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.

Responsibilities

Build and support banking-book interest rate risk and pricing models on the firm’s quantitative analytics platform.
Model deposits and other behavioral products, including optionality and prepayment/call behavior.
Develop and enhance models for callable debt, callable preferred instruments, municipal securities, and insurance-related balance sheet products.
Calibrate interest rate and volatility models used across the asset and liability management portfolio.
Apply and extend existing quantitative libraries where appropriate, and build bespoke models when needed.

Requirements

Advanced degree (PhD, MSc, or equivalent) in Mathematics, Physics, Statistics, Computer Science, or a related quantitative field.
Nice to have: Curve building (multi-curve frameworks)
Nice to have: SABR and short-rate models
Nice to have: Finite-difference methods
Nice to have: Monte Carlo

Equity Dispersion Trader

Equity Dispersion Trader

Responsibilities

Requirements

Skills

Vice President, Quantitative Researcher — CIO Asset & Liability Management (ALM)

Compensation

Responsibilities

Requirements

Skills

Benefits