Quantitative Research

Job Description
DESCRIPTION:
Duties: Drive software design, roll-out, and adoption to automate the marking and pricing of fixed income and fixed products. Perform research, development, back-testing, deployment and support of real-time analytics for interest rates products. Explain model behavior and predictions to traders and controllers. Identify major sources of risk in portfolios, carry out scenario analysis, provide guidance to trading groups and debug analytics. Build prototype trading markets application for the market making desk to evaluate scenarios.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Quantitative & Computational Finance, Economics, Data Analytics, Computer Science, or related field of study plus 2 years of experience in the job offered or as Quantitative Research Analyst, Model Validation Analyst, or related occupation. The employer will alternatively accept a Bachelor's degree in Quantitative & Computational Finance, Economics, Data Analytics, Computer Science, or related field of study plus 5 years of experience in the job offered or as Quantitative Research Analyst, Model Validation Analyst, or related occupation.
Skills Required: Requires experience in the following: Risk neutral valuation; Interest rates curve building; FX linear products pricing, including forwards and non- deliverable forwards; Interest rate swap pricing; Bond pricing; Bond option pricing; Interest rate convexity modeling; Applying statistical analysis to market movement and trade data; Object-oriented programming; Numerical analysis; C++; and Python.
Job Location: 383 Madison Ave., New York, NY 10179
Full-Time. Salary: $205,000 - $285,000 per year.
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.