Are you ready to shape the future of systematic trading? Join our Quantitative Trading & Research group and help design cutting-edge quantitative models that power our trading systems. The business is responsible for systematic trading across FX, Rates, Commodities, and Credit markets. The team is responsible for a broad scope including the design and implementing of cutting edge proprietary quantitative models that drive our automated trading systems (pricing, risk management and execution), the oversight of day-to-day risk and operations, and the optimization Franchise client liquidity offering in a data-driven manner.
As an Analyst or Associate in Quantitative Trading & Research Rates team, you will be primarily focusing on the Interest Rate Swap market. You must be responsible, independent, driven, and able to work in smooth collaboration with the wider team. The environment is fast-paced and challenging. The group is globally distributed so clear written and verbal communication is required. Members of the team are also expected to cover a wide range of responsibilities - spanning trading, quantitative research, and technology—and some on call time will be expected.
Job Responsibilities
- Design, build and operate production components of our systematic swaps trading stack (pricing, risk projection, hedging and execution), from initial design through to deployment, monitoring and incident resolution.
- Build the research and data infrastructure that supports it, including backtesting and simulation, signal and feature pipelines, and reproducible analysis over large historical datasets.
- Take models and strategies from prototype to production, so that they are tested, monitored, live, and consistent with the behaviour seen in research.
- Analyse trading data to identify patterns, inefficiencies and revenue opportunities, and turn them into measurable improvements in pricing, hedging and execution.
- Research, backtest and calibrate improvements to our quantitative models and trading strategies.
- Expand the team's shared libraries of modelling, analytics and automation tools.
- Support the live trading system day to day, investigating issues and improving the monitoring and controls that prevent them
Required qualifications, capabilities, and skills
- Degree in computer science, mathematics, physics, engineering or another quantitative field
- Relevant full-time experience in systematic trading, software engineering, quantitative development or a comparable technical role
- Strong programming ability in a production object-oriented language such as Java or C++, together with proficiency in Python for research and data analysis
- Evidence of owning software end to end, covering design, testing, deployment, and operating it once live
- Knowledge of probability, statistics, and experience with advanced data analysis techniques
- Attention to detail, adaptable, driven and collaborative
- Active interest in markets and quantitative trading
Preferred qualifications, capabilities, and skills
- Prior experience in Rates markets (swaps, cash or futures)
- Experience with electronic or automated trading systems, such as market data, pricing, order management or pre-trade risk controls
- Experience with large-scale datasets and performance-sensitive or low-latency systems
This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.
About UsJ.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.Skills Required
- Degree in computer science, mathematics, physics, engineering, or another quantitative field
- Relevant full-time experience in systematic trading, software engineering, quantitative development, or a comparable technical role
- Strong programming ability in a production object-oriented language such as Java or C++
- Proficiency in Python for research and data analysis
- Experience owning software end to end, including design, testing, deployment, and live operations
- Knowledge of probability and statistics
- Experience with advanced data analysis techniques
- Attention to detail, adaptability, drive, and collaboration
- Active interest in markets and quantitative trading
- Prior experience in Rates markets, including swaps, cash, or futures
- Experience with electronic or automated trading systems
- Experience with large-scale datasets and performance-sensitive or low-latency systems
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.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
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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