Quantitative Trading & Research - EM Rates Quantitative Trading
Today Sao Paulo, Brazil
About us
We know our people are our strongest asset. You will never stop learning here, and we will learn with, invest in and support you along the way.
- Size: 10,000+ employees
- Industry: Financial Services
The EM Rates Quantitative Trading team in Sao Paulo is a dynamic team responsible for coordinating with the larger team to determine the desk's profitability. This team covers a wide range of responsibilities, including designing, trading, and execution strategies across EM Rates products - Bonds, Interest Rate Swaps (IRS), FX Swaps, and Repo on Government Bonds.
Job Summary
As an Analyst or Associate within Quantitative Trading & Research (QTR) EM Rates Quantitative Trading team, you will work as part of the QTR front-office team on the trading floor in Sao Paulo. Given the dynamic nature of the environment, this role is tailored for an individual who is responsible, independent, and able to work in smooth coordination with the larger team to determine the desk's profitability. You will get a chance to cover a wide range of responsibilities, including designing trading and execution strategies for EM Rates products (Bonds, IRS, FX Swaps, and Repo Government Bonds); researching micro-patterns and trends; building, maintaining, and upgrading applications and tools; and supporting day-to-day operations.
Job Responsibilities
The role requires creating, modifying, and implementing algorithmic orders to execute EM Rates products - Bonds, IRS, FX Swaps, and Repo Government Bonds - on behalf of clients as well as internal manual traders. The candidate will work closely with technology to develop cutting-edge, low-latency infrastructure that meets business needs in a scalable manner, and will intelligently leverage internal and non-public sources of liquidity to optimize electronic price discovery and hedging across these EM Rates instruments.
Additional responsibilities include the daily review, monitoring, and tracking of P&L derived from electronic market making activity, as well as contributing to the design and enhancement of electronic market making trading systems across Bonds, IRS, FX Swaps, and Repo Government Bonds. The candidate will perform statistical analysis of algorithmic order execution for internal use and to drive iterative improvements, and must understand the firm's approach and policies for managing risk in the EM Rates business, along with applicable legal and regulatory rules, and follow those policies consistently.
Required Qualifications, Capabilities, and Skills
Preferred Qualifications, Capabilities, and Skills
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 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.
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.
Job Summary
As an Analyst or Associate within Quantitative Trading & Research (QTR) EM Rates Quantitative Trading team, you will work as part of the QTR front-office team on the trading floor in Sao Paulo. Given the dynamic nature of the environment, this role is tailored for an individual who is responsible, independent, and able to work in smooth coordination with the larger team to determine the desk's profitability. You will get a chance to cover a wide range of responsibilities, including designing trading and execution strategies for EM Rates products (Bonds, IRS, FX Swaps, and Repo Government Bonds); researching micro-patterns and trends; building, maintaining, and upgrading applications and tools; and supporting day-to-day operations.
Job Responsibilities
The role requires creating, modifying, and implementing algorithmic orders to execute EM Rates products - Bonds, IRS, FX Swaps, and Repo Government Bonds - on behalf of clients as well as internal manual traders. The candidate will work closely with technology to develop cutting-edge, low-latency infrastructure that meets business needs in a scalable manner, and will intelligently leverage internal and non-public sources of liquidity to optimize electronic price discovery and hedging across these EM Rates instruments.
Additional responsibilities include the daily review, monitoring, and tracking of P&L derived from electronic market making activity, as well as contributing to the design and enhancement of electronic market making trading systems across Bonds, IRS, FX Swaps, and Repo Government Bonds. The candidate will perform statistical analysis of algorithmic order execution for internal use and to drive iterative improvements, and must understand the firm's approach and policies for managing risk in the EM Rates business, along with applicable legal and regulatory rules, and follow those policies consistently.
Required Qualifications, Capabilities, and Skills
- Strong interest in market microstructure and quantitative trading, particularly related to EM Rates products, including: bonds, interest Rate Swaps (IRS), FX Swaps, repo on Government Bonds
- Strong software design and programming skills, such as C++, Java, or C#, Python
- Interest in applying agile development practices within a front-office trading environment.
- Excellent verbal and written communication skills, with the ability to interact effectively with different teams across the firm, including non-technical stakeholders.
- Ability to think strategically and creatively when addressing problems and identifying opportunities.
- Proactive mindset, with an interest in finding new ways of working and leveraging the firm's scale and capabilities.
- Clear understanding of different types of financial and trading risk, including the ability to discuss approaches to managing risk within EM Rates markets.
- Strong ability to communicate complex concepts and ideas, both verbally and through documentation.
- Ability to articulate and defend ideas while adapting communication to different audiences.
Preferred Qualifications, Capabilities, and Skills
- Degree in Engineering, Mathematics, Physics, Computer Science, or an equivalent discipline.
- Direct experience working with agile software development methodologies.
- Experience in macro markets, particularly EM Rates products, including:
- Strong understanding of trading concepts and terminology.
- Experience working with electronic trading venues relevant to EM Rates products.
- Proficiency with AI-assisted coding tools, such as Copilot-style code generation and completion assistants.
- Experience using AI coding tools to:
- Improve developer productivity
- Accelerate prototyping
- Enhance code quality
- Support development within a front-office trading technology environment
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 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.
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.
Additional Information
- Posted: today