Quantitative Trading & Research - FX Quantitative Trading - Associate

Posted Yesterday
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New York, NY, USA
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Develop and maintain FX pricing, skewing, hedging, and trading execution logic. Research market micro-patterns, analyze portfolio performance, and build scalable tools for tick-data management, backtesting, reporting, and calibration. Collaborate with technology teams on low-latency infrastructure and apply internal data to improve pricing and risk management. The role also requires adherence to firm risk policies and applicable regulations.
Summary Generated by Built In

Job summary: 

As a Analyst or Associate within Quantitative Trading & Research (QTR) FX Quantitative Trading team,  you will work as part of the QTR front-office team on the trading floor in New York. 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, these include designing trading and execution strategies; researching micro-patterns and trends; building, maintaining and upgrading applications & tools.

Job responsibilities:

  • Build and maintain pricing, skewing, and hedging logic as well as the research tooling that calibrates it.
  • Work closely with technology to develop cutting edge low latency infrastructure that meets business needs in a scalable manner.
  • Intelligently utilize internal and non-public sources of data to improve pricing quality and risk management.
  • Work with market tick data at scale - querying and managing historical data, building backtest pipelines, and parallelizing batch jobs for reporting across many currency pairs. 
  • Perform statistical analysis of portfolio performance to drive iterative improvements.
  • Understands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies

 

Required qualifications, capabilities, and skills:

  • Degree in Engineering, Mathematics, Physics, or Computer Science
  • Strong background in quantitative and statistical analysis (probability, regression modeling, time-series analysis, estimation and calibration)
  • Apply sound engineering judgment in programming, with a primary focus on object-oriented programming languages (Java/C++ etc.) and Python.
  • Exhibit excellent verbal and written communication skills, as this position involves frequent interaction with different teams in the firm and many non-technical users.
  • Think strategically and creatively when faced with problems and opportunities. Eagerly look for new ways of doing things and understand the benefits of leveraging the firm’s scale.

 

Preferred qualifications, capabilities, and skills:

  • Experience with kdb+/q and working with large data.
  • Prior experience in FX, rates, or commodities electronic trading.
  • Familiarity with low-latency/real-time systems and market microstructure. 
  • Experience of working with electronic trading venues.
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 TeamJ.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. 

Skills Required

  • Degree in Engineering, Mathematics, Physics, or Computer Science
  • Strong quantitative and statistical analysis background, including probability, regression, time-series analysis, estimation, and calibration
  • Programming experience with object-oriented languages such as Java or C++ and Python
  • Excellent verbal and written communication skills
  • Strategic and creative problem-solving ability
  • Experience with kdb+/q and large datasets
  • Prior experience in FX, rates, or commodities electronic trading
  • Familiarity with low-latency or real-time systems and market microstructure
  • Experience with electronic trading venues

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
  • Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
  • Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
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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