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JPMorgan's got a virtual academy for students interested in AI jobs

If you want an entry-level sales and trading job in a top tier investment bank now, it will help if you're both excellent at maths and know how to code. JPMorgan is about to run a special online recruitment event for people who fall into precisely this category.

Titled 'Demystifying Quant, AI & Machine Learning Internship Opportunities at J.P. Morgan' it takes place online next Wednesday (Nov 20) at 1pm GMT and is being advertised as an hour-long, 'virtual Online Academy' for students who want to hear from JPMorgan's experts in quantitative research, data science, AI and machine learning. They'll be 'sharing insights into their roles' and offering tips on JPMorgan's applications and recruitment process. You'll need to apply first

One of those pushing the event is Hans Buehler, head of JPMorgan's fast-growing 180 person, 'Analytics, Automation & Optimization' unit, who says the academy will show what they're up to. Bloomberg recently reported that Buehler's team has begun equipping quants with licenses that will allow them to work in equity sales.  “This is about convergence of the trader and quant,” Jason Sippel, JPMorgan's head of global equities, said of the team. "We are hiring coders for equity sales who can tap into the reams of data we have to provide ideas.” 

Experienced quants can earn good money in finance. Recruitment firm Selby Jennings says it has a $400k role for a PhD graduate with five years' experience as a desk strategist. However, JPMorgan's public filings for quants hired on H1B visas in the U.S. suggest it recently hired an associate-level machine learning data scientist in New York on a salary of $110k.

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Photo by Shubham Sharan on Unsplash

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AUTHORSarah Butcher Global Editor

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