Credit Portfolio Group – Quantitative Product Manager - Associate
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Description -----------
The Credit Portfolio Lending Group (CPG) is a public-side global function with approximately 25 Portfolio Management and Trading professionals across New York, London, and Singapore, and is part of the Markets function within the Commercial & Investment Bank (CIB). CPG has two primary functions: Portfolio Management & Research (PM&R), which is aligned by industry and geography, and Trading & Distribution (T&D), which uses both liquid and illiquid channels to risk manage the book. The priority of the group is to manage the retained credit portfolio, focusing on concentrated exposures (company-specific, industry, or geographical concentrations) while balancing the competing priorities of minimizing cost, P&L volatility, and capital usage. Portfolio Managers and Researchers work with Traders to determine appropriate strategies to manage the portfolio, achieved primarily via the secondary loan market, the CDS market, and through structured solutions.
The Quantitative Research (QR) function supporting CPG is responsible for developing and maintaining trading models and platforms, as well as building analytics, portfolio monitoring tools and algorithms that support CPG’s activities. Responsibilities span the full lifecycle from new model and process specification and approval through to implementation and integration into risk and P&L systems.
We are seeking an outgoing, creative, diligent, quantitative, and self-motivated individual to join the Credit Portfolio Group in New York in a Quantitative Research capacity. In this role, you will serve as the primary quant for CPG delivering cutting-edge AI tools and models that enhance the group's portfolio management, trading, and distribution capabilities. There will be a particular emphasis on leveraging AI, large language models (LLMs), and generative AI agents to design and implement market-based tools that provide the desk with a quantitative edge, accelerate automation, and improve decision-making across the credit portfolio.
Job Responsibilities
- Design, build, and deploy AI, LLM, and generative AI agent-based tools to support CPG trading workflows, including automated market analysis, credit curve maintenance, trade idea generation, and portfolio risk monitoring
- Explore and implement machine learning techniques to enhance trading signal generation and portfolio optimization strategies
- Stay at the forefront of emerging AI capabilities and identify practical applications that can be embedded into the desk's daily operations
- Leverage the vast amount of data available across the credit portfolio to proactively identify opportunities, concentrated exposures, and optimal hedging strategies for the desk
- Collaborate with model control teams to facilitate timely and efficient review and approval of all models, ensuring compliance with internal policies and industry regulations
- Automate trading desk daily risk and position reports, streamlining workflows to accelerate the broader automation & digital transformation agenda across CPG
- Build and enhance trade support and automation infrastructure for portfolio hedging strategies, credit curve reconciliation, and loan sale execution
- Interact with other sub-teams within Markets QR to explore synergies and share best practices
Required Qualifications, Capabilities, and Skills
- An advanced degree in mathematics, statistics, physics, financial engineering, computer science, or an equivalent subject
- At least 4 years of experience in a quantitative research, markets, or analytics-focused role supporting a fixed income, credit, or lending desk
- Hands-on experience building and deploying AI agents, machine learning or LLM based applications, with demonstrated ability to apply these technologies to financial markets or trading desk workflows.
- Hands-on experience in portfolio optimization, familiar with related software and tools
- Strong software design and data science skills, with Python experience
- Exceptional analytical, quantitative, and problem-solving skills with an intellectual curiosity and passion for credit markets and investing.
- Excellent written and verbal communication skills, with the ability to convey complex quantitative concepts to both technical and non-technical stakeholders.
- Ability to work in a high-pressure, collaborative team environment with strong attention to detail and a focus on quality of deliverables
About JP Morgan Chase
JP Morgan Chase is a global financial services provider that offers investment banking, asset management, treasury, and other services.
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