Industry Consultant

At IBM Research, we are the innovation engine of IBM. Exploring what’s next in computing and shaping the technologies the world will rely on tomorrow. From advancing AI and hybrid cloud to pioneering practical quantum computing, we anticipate challenges and unlock new opportunities for clients, partners, and society. Working in Research means joining a team that accelerates discovery at the intersection of high-performance computing, AI, quantum, and cloud. You’ll collaborate with leading scientists, engineers, and visionaries to push boundaries and turn ideas into reality. With a culture built on curiosity, creativity, and collaboration, IBM Research offers the opportunity to grow your career while contributing to breakthroughs that transform industries and change the world.

The emergence of large-scale quantum computing systems offers unprecedented opportunities to enhance complex models that empower businesses and entire industries to tackle challenging problems and redefine innovation from the ground up to establish competitive advantages in the quantum era. As a Quantum Industry Applications Consultant at IBM, you will be the essential link between deep industry knowledge, classical state-of-the-art approaches (incl. AI), and the potential application of quantum algorithms. You’ll manage complex components of client engagements, from guiding stakeholders and technical teams to identifying quantum use cases to delivering quantum prototypes in close collaboration with quantum computational scientists and clients’ SMEs. Are you ready to challenge the status quo and pave the path to unlock quantum’s potential in real-world use cases

Your role and responsibilities

We have entered an exciting new era of information technology with commercial-grade quantum computers that expose a fundamentally different paradigm of representing and processing information. Built on the principles of quantum mechanics, they exploit complex and fascinating laws of nature that can serve as complementary "tools" to enrich our understanding of the world. Following major advancements in quantum technology, from quantum error mitigation protocols, quantum chip clustering and hybrid classical-quantum algorithms, we have entered the commercially relevant phase, where we embark business utility journeys with scalable enterprise solutions that adopt to quantum technology advances in concert with those in classical AI and high-performance computing.

The financial sector is known for its wealth of complex and dynamically evolving business challenges with a long track record of leveraging advances in technology to develop new innovative solutions that produce business opportunities, trust and competitive customer services. At the core of these challenges or business problems are often statistical models that attempt to extract and generalize relevant information from data to provide guidance in financial decision-making processes - from managing risk, financial crime, investments to personalized customer experience. However, all of these models are exposed to trade-offs that are rooted in the probabilistic nature of financial market and customer data with scarce, skewed and evolving patterns and fundamental limitations of classical statistics and algorithms based on limited information processing capabilities on classical computers. Quantum computing provides fundamentally different capabilities that complement classical ones and may offer new ways to address these grand challenges of finance.

IBM is looking for a Quantum Industry Applications Consultant who will provide finance (banking and insurance) industry-specific thought leadership and both technical & business advisory services as part of our world-leading Quantum team of experts. You will collaborate across a network of IBM researchers, computational scientists and other experts together with external parties to drive quantum computing opportunities for finance - from awareness, adoption to the identification of value-guided quantum use cases and respective multi-year innovation journeys in support of C-suite initiatives with strategic clients.

• Identify quantum use cases in financial modelling (advancing data science / quantitative finance models), progress understanding of potential computational applications, and anticipate business value implications for clients within financial services.
• Deliver financial industry and technical advisory services to guide clients throughout their Quantum journey.
• Cultivate client relationships and establish quantum eminence within the financial services (banking and insurance) industry.
• Work on active client engagements to prepare for use case commercialization within the financial services (banking and insurance) industry.

Global travel will be required. Up to 60% or 3 days a week (home on weekends - based on project requirements).

Required education

Master's Degree

Preferred education

Doctorate Degree

Required technical and professional expertise

• 5 years of deep technical experience in financial modeling and its limitations in derived business decision processes in the financial sector, either as part of financial institutions (such as in retail banking, wealth management, corporate/institutional banking, asset management, investment banking) or as part of technical consulting firms for financial services.
• 5 years of applied technical and advanced analytics experience (e.g., statistical models, data science/AI, quantitative finance methods), with a thorough understanding of underlying methodology.
• 5 years of professional communications skills in presenting complex topics to different audiences at various abstraction levels (from technical to business executives). STEM Master's Degree (PhD Degree is preferred)
• Fundamental understanding of quantum mechanics and quantum algorithms.

Preferred technical and professional experience

• PhD in Physics, Applied Mathematics, Computer Science, or Quantitative Finance
• 10years of deep technical experience in financial modeling and its limitations in derived business decision processes in the financial sector, either as part of financial institutions (such as in retail banking, wealth management, corporate/institutional banking, asset management, investment banking) or as part of technical consulting firms for financial services.

ABOUT BUSINESS UNIT

IBM Research is the organic growth engine of IBM and an innovation engine for our customers and partners. As part of this mission, IBM Research anticipates and examines 'What's Next in Computing' to ultimately create and integrate the technologies the world relies upon to solve big challenges and unlock new opportunities. We create and pioneer new markets for IBM, our partners and customers as exemplified in our ongoing quest to reach practical and large-scale quantum computing. Across IBM Research, we realize the power and potential to accelerate discovery with our partners and clients by combining the power of high performance computing, AI, and Quantum, all integrated through the hybrid cloud.

YOUR LIFE @ IBM

In a world where technology never stands still, we understand that, dedication to our clients success, innovation that matters, and trust and personal responsibility in all our relationships, lives in what we do as IBMers as we strive to be the catalyst that makes the world work better.

Being an IBMer means you’ll be able to learn and develop yourself and your career, you’ll be encouraged to be courageous and experiment everyday, all whilst having continuous trust and support in an environment where everyone can thrive whatever their personal or professional background.

Our IBMers are growth minded, always staying curious, open to feedback and learning new information and skills to constantly transform themselves and our company. They are trusted to provide on-going feedback to help other IBMers grow, as well as collaborate with colleagues keeping in mind a team focused approach to include different perspectives to drive exceptional outcomes for our customers. The courage our IBMers have to make critical decisions everyday is essential to IBM becoming the catalyst for progress, always embracing challenges with resources they have to hand, a can-do attitude and always striving for an outcome focused approach within everything that they do.

Are you ready to be an IBMer?

ABOUT IBM

IBM’s greatest invention is the IBMer. We believe that through the application of intelligence, reason and science, we can improve business, society and the human condition, bringing the power of an open hybrid cloud and AI strategy to life for our clients and partners around the world.

Restlessly reinventing since 1911, we are not only one of the largest corporate organizations in the world, we’re also one of the biggest technology and consulting employers, with many of the Fortune 500 companies relying on the IBM Cloud to run their business.

At IBM, we pride ourselves on being an early adopter of artificial intelligence, quantum computing and blockchain. Now it’s time for you to join us on our journey to being a responsible technology innovator and a force for good in the world.

IBM is proud to be an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, neurodivergence, age, or other characteristics protected by the applicable law. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

OTHER RELEVANT JOB DETAILS

IBM offers a competitive and comprehensive benefits program. Eligible employees may have access to:

• Healthcare benefits including medical & prescription drug coverage, dental, vision, and mental health & well being
• Financial programs such as 401(k), cash balance pension plan, the IBM Employee Stock Purchase Plan, financial counseling, life insurance, short & long- term disability coverage, and opportunities for performance based salary incentive programs
• Generous paid time off including 12 holidays, minimum 56 hours sick time, 120 hours vacation, 12 weeks parental bonding leave in accordance with IBM Policy, and other Paid Care Leave programs. IBM also offers paid family leave benefits to eligible employees where required by applicable law
• Training and educational resources on our personalized, AI-driven learning platform where IBMers can grow skills and obtain industry-recognized certifications to achieve their career goals
• Diverse and inclusive employee resource groups, giving & volunteer opportunities, and discounts on retail products, services & experiences

We consider qualified applicants with criminal histories, consistent with applicable law.

This position was posted on the date cited in the key job details section and is anticipated to remain posted for 21 days from this date or less if not needed to fill the role.

IBM will not be providing visa sponsorship for this position now or in the future. Therefore, in order to be considered for this position, you must have the ability to work without a need for current or future visa sponsorship.

The compensation range and benefits for this position are based on a full-time schedule for a full calendar year. The salary will vary depending on your job-related skills, experience and location. Pay increment and frequency of pay will be in accordance with employment classification and applicable laws. For part time roles, your compensation and benefits will be adjusted to reflect your hours. Benefits may be pro-rated for those who start working during the calendar year.

Projected Minimum Salary per year: 200,000.00

Projected Maximum Salary per year: 290,000.00

City / Township / Village: Yorktown Heights

State / Province: New York

Country: United States

Work arrangement: Hybrid

Area of work: Consulting

Employment type: Regular

Contract type: Regular

Position type: Professional

Company: (0147) International Business Machines Corporation

Shift: General (daytime)