I applied online. The process took 3 months. I interviewed at J.P. Morgan (London, England) in Dec 2014
Interview
Applied through the company website. The process starts slowly, but the farther you get, the faster it gets. Overall, everything is fair and straightforward. For the most part, questions are of standard quant interview type, mainly quant finance questions. Sometimes interviewers give one more involved problem, and as you go through the solution they ask small related questions.
Interview questions [1]
Question 1
Counterparty risk adjustment to the price of an option
I applied online. The process took 3 months. I interviewed at J.P. Morgan in Feb 2022
Interview
I interviewed for the position of Quantitative Research Associate for three different desks at JPM. The HR/recruiting teams for each of these groups did not communicate well with themselves internally. In total I had 6 interviews with the wholesale credit team, 2 with their RAAS group, and 1 with their rates desk.
Eventually, I received an offer from their wholesale credit team for what I believed was a below market offer. When I attempted to negotiate, they came back saying this was the most they can do, and I walked away.
Interview questions [1]
Question 1
Standard Python programming, statistics, and probability questions that you are expected to know for this level
What is a decorator and how is it used?
Describe basic data structures and their uses.
Describe how importance sampling works.
I took an online assessment: two codings questions plus one written exam. preparation for a week or two. Suggest leetcode to practice. Very long waiting period for phone interviews.
Associate - Quantitative Research applicants have rated the interview process at J.P. Morgan with 3.2 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 82% positive. To compare, the company-average is 61.5% positive. This is according to Glassdoor user ratings.
Candidates applying for Associate - Quantitative Research roles take an average of 35 days to get hired, when considering 24 user submitted interviews for this role. To compare, the hiring process at J.P. Morgan overall takes an average of 27 days.
Common stages of the interview process at J.P. Morgan as a Associate - Quantitative Research according to 24 Glassdoor interviews include:
Phone interview: 38%
One on one interview: 22%
Skills test: 14%
Background check: 11%
IQ intelligence test: 5%
Drug test: 3%
Personality test: 3%
Presentation: 3%
Group panel interview: 3%
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