Quantitative Research Associate 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 61.4% positive. This is according to Glassdoor user ratings.
Candidates applying for Quantitative Research Associate 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 Quantitative Research Associate 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%
Group panel interview: 3%
Presentation: 3%
Here are the most commonly searched roles for interview reports -
I applied online. The process took 3 months. I interviewed at J.P. Morgan (London, England) in Feb 2017
Interview
2 round of telephone interviews, followed by a superday. Each telephone interview usually quickly go through CV and then 4 or 5 tech questions. Telephone interview cover a lot of maths like markov chain, stochastic calculus, probability, statistics, not go into very deep. Usually get 3 questions well answered can give a good chance to pass. On superday, 1 on 1 interview with several interviewers. Questions are similar to telephone round but much more difficult. Little time to take a breath between meeting different interviewers.
Interview questions [1]
Question 1
Great focus on stochastic calculus questions, such as brownian motion, martingale, application of ito lemma. (Whether W^3 is a martingale or not, if not, add a term and makes it a martingale). Markov chain (2 people play a game, roll the dice one by one, the person who first roll the 6 win, what is the probability of the 1st person to win). Some probability and statistics questions. A little linear algebra.
3/5 questions are maths, 1/5 questions are coding (such as the inheritage of the class in C++), 1/5 are financial questions(delta hedging, butterfly option spread).
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.