Quantitative Research - Global Markets - Associate

Key Skills

Algorithms, Analytical and Problem solving, C++, Data science techniques, Effective communication skills, Machine learning techniques, Python Programming, Quantitative models

Job Description

Team's mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions ranging from vanilla flow products to complex derivative deals, as well as improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide. We also work closely with trading desks to develop statistical arbitrage strategies and other quantitative trading models.

In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career.

We make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental and physical health needs or family considerations.

If you are passionate, curious and ready to make an impact, we are looking for you.

Job Responsibilities:

You will contribute to the firm’s product innovation, effective risk management and financial risk controls. Additionally, you’ll contribute to the strategic agenda to transform our investment bank into a data-led business and encourage change using state-of-the-art machine learning techniques. Specially, you’ll have the chance to:

• Develop mathematical models for pricing, hedging and risk measurement of derivatives securities, algorithmic trading strategies as well as Delta-One trading strategies or inventory management
• Support both OTC and electronic trading activities by explaining model behavior, identifying major sources of risk in portfolios, carrying out scenario analyses, developing and delivering quantitative tools, and researching for new trading ideas
• Contribute directly to the business and client franchise by understanding market moves and their cross-asset and cross-market implications and generating revenue opportunities
• Design efficient numerical algorithms and implement high performance computing solutions in trading and risk management systems end-to-end – problem analysis, solution determination, code design and development, integration, testing and documentation.

The role is cross-asset and part of a global team that works closely with teams in Asia-Pacific, London and New York.

Required qualifications, capabilities, and skills:

• You have completed an advanced degree (MSc, PhD or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.;
• You demonstrate analytical, quantitative and problem solving skills as well as research ability;
• You bring object oriented programming experience e.g., Python, C++;
• You are familiar with data science/machine learning concepts, techniques and tools;
• You are good at communicating concepts and ideas, both verbally and via documentation, and explaining technical material to a non-technical audience;
• You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs.

Preferred qualifications, capabilities, and skills:

• Advanced degree (PhD, MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc. Relevant academic research publications a plus
• Markets experience and general trading concepts and terminology
• Knowledge of options pricing theory and trading algorithms
• Experience with data schemas and data structures would

ABOUT US

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents and perspectives that they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)