Quantitative Research (QR) is an expert quantitative modelling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modelling, and portfolio management. As a global team, QR partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.
As a Quantitative Research Strategic Indices Vice President on the Quantitative Research team, you will be responsible for the implementation, deployment, independent calculation, and risk management of investable indices. You will also be an integral part of the Strategic Indices business, where you have a direct and independent role in revenue generation in close partnership with Structuring, Trading, and Technology teams. We are a team with a global footprint and we cover a broad range of asset classes, including Equities, Rates, Commodities, and FX.
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Job Responsibilities:
- Participate in the development of J.P.Morgan systematic trading strategies with our Structuring teams
- Develop, deploy, and maintain new and existing algorithmic trading strategies
- Expand and support the risk management platform used by traders to hedge investable indices traded with our clients
- Build foundational infrastructure to support new product offerings, enhance efficiency, and improve controls
- Provide support to Trading teams through risk analysis and investigations of production trading strategies
- Contribute to our automation ecosystem by delivering end-to-end automation and optimization of trading execution and other related investable index trading and risk management workflows
Required qualifications, capabilities, and skills:
- You hold an advanced degree (Master's or PhD) in a quantitative field: Mathematics, Computer Science, Physics, Engineering (or equivalent)
- You have experience working with quantitative investment strategies and derivatives, ideally with cross-asset exposure to Equities, Commodities, and/or Rates
- You have a strong programming background with high proficiency in Python
- You have highly-focused attention to details and to the quality of deliverables
- You understand advanced mathematics used in financial modeling including topics such as calculus, numerical analysis, optimization, and statistics
- You have a good understanding of the mathematics involved in the valuation of financial products and trading strategies
- You demonstrate exceptional analytical, quantitative, and problem-solving skills
- Your excellent communication skills, both verbal and written, can engage partners and stakeholders on complex and technical topics, which you can explain with exceeding clarity
Preferred qualifications, capabilities, and skills.
- Experience of financial markets and familiarity with general trading concepts and terminology
- Knowledge of derivatives pricing theory, trading algorithms, and/or financial regulations
- You understand the different types of financial risk and you can discuss in detail ways of managing these risks
- You are interested in applying agile development practices in a front-office trading environment
- You have good practical knowledge of derivatives pricing and risk management of vanilla options and volatility products
- A mindset of robust system and solution design and implementation, including diligent testing and verification practices
ABOUT US
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents 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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.