Job Description
The Rates team is very involved with developing, testing, and implementing quantitative trading strategies, while managing risk and maximizing returns.
Job summary
As a Quantitative Trader, Vice President or Executive Director within the Rates team, you will leverage your strong foundation in mathematics, statistics, and computer science, along with your deep understanding of financial markets. Your role will involve the development, testing, and implementation of quantitative trading strategies, with a focus on risk management and return maximization.
Job Responsibilities
- Develop and implement quantitative trading models, algorithms, and strategies
- Conduct in-depth research and analysis of financial markets, instruments, and data
- Backtest and optimize trading strategies using historical data and advanced statistical techniques
- Collaborate with the development team to build and maintain trading systems
- Monitor market conditions and adjust trading strategies accordingly
- Perform risk analysis and implement risk management procedures
- Contribute to the development of new trading ideas and research initiatives
Required qualifications, capabilities, and skills
- You have advanced degree (or equivalent) in mathematics, statistics, computer science, or a related field
- You demonstrate strong programming skills in Python, C++, or similar languages
- You demonstrate in-depth knowledge of statistical modelling, machine learning, and optimization techniques
- You have proven experience in quantitative trading or financial modelling
- You demonstrate strong understanding of financial markets, instruments, and derivatives
- You have an excellent problem-solving and analytical skills
- You have ability to work independently and as part of a team.
- You have significant experience in generating of trading signal with proven pnl targets
Preferred qualifications, capabilities, and skills
- You have experience with high-frequency trading or algorithmic trading
- You demonstrate knowledge of financial databases and data management tools
- You have experience with cloud computing platforms (e.g., AWS, GCP)
- You are proficient in financial software packages (e.g., MATLAB, R, Python libraries)
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
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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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