Developer algorithm quant- Associate

Posted 2 Days Ago
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Mumbai, Maharashtra
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Developer Algorithm Quant Associate, you'll develop and maintain algorithmic trading strategies, assess quantitative models, optimize trading execution, and contribute to the SDLC infrastructure while supporting trading activities. You’re expected to have strong programming skills and advanced knowledge in mathematics and finance.
Summary Generated by Built In

Job Description
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area?
As a Developer algorithm quant- Associate in the Quantitative Research Strategic Indices team, you will be responsible for developing and maintaining new and existing algorithmic trading strategies, understanding valuation and risk management of production trading strategies, and contributing to the SDLC infrastructure of complex tradable strategies. You will also support both Over the Counter and electronic trading activities, assess the appropriateness of quantitative models and their limitations, and work on end-to-end automation and optimization of trading execution.
Job responsibilities:

  • Develop and maintain new and existing algorithmic trading strategies
  • Understand valuation and risk management of production trading strategies.
  • Contribute to SDLC infrastructure of complex tradable strategies and build analytical tools for risk analysis, identify Profit and Loss deviations and other trade explorations.
  • Support both Over the Counter(OTC) and electronic trading activities by explaining model behavior, any Profit and Loss residuals by identifying major sources of risks in portfolio.
  • Assess the appropriateness of quantitative models and their limitations, and algorithmic strategies identify and monitor the associated model risk.
  • End-to-end automation and optimization of trading execution.


Required qualifications, capabilities, and skills:

  • Advanced degree (PhD, Masters ) in Engineering, Mathematics, Physics, Computer Science and strong programming background with proficiency in Python or C++.
  • Advanced mathematics used in financial modeling including topics such as calculus, numerical analysis, optimization and statistics.
  • Understanding mathematics of valuation for different trading strategies
  • Experienced with object-oriented programming concepts.
  • Demonstrate exceptional analytical, quantitative and problem-solving skill.
  • Excellent communication skills, both verbal and written, can engage and influence partners and stakeholders


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
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Top Skills

C++
Python

What the Team is Saying

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Lupe C.
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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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