Job Description
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.
As a Risk & Compliance, Quantitative Research Associate in our team, your mission will be to develop and maintain sophisticated mathematical models, cutting-edge methodologies, and infrastructure to value and hedge financial transactions. You will have the opportunity to work with trading desks, product managers, and technology teams to develop analytical tools and quantitative trading models. Additionally, you will collaborate with different control functions to ensure our business operates under established regulatory requirements. We offer multiple opportunities across derivative quantitative modelling, electronic trading quantitative role, risk quantitative, a cross-asset library and infrastructure quantitative, or as a quantitative in the business optimization and automation team.
The team's mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions. You could be working with trading desks, product managers and technology teams to develop analytical tools and quantitative trading models. You could also be working with different control functions to make sure business is operating under established regulatory requirements.
Job Responsibilities
- Develop and maintain sophisticated mathematical models to value and hedge financial transactions ranging from vanilla flow products to complex derivative deals
- Improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide
- Collaborate with risk functions to develop models for market and credit risk the bank is exposed to, across various lines of business
- Build cutting-edge methodologies and infrastructure to implement our models in production
Required qualifications, capabilities, and skills
- You have a degree in engineering, financial engineering, computer science, mathematics, sciences, statistics, econometrics, or other quantitative fields and have strong quantitative, analytical and problem-solving skills
- You have a strong background in the following topics - calculus, linear algebra, probability, and statistics
- You demonstrate proficiency in at least one of the object-oriented programming languages, like C++ or Java, and are good at Python
- You have knowledge of data structures and algorithms
- You can work independently as well as in a team environment
- You think strategically and creatively when faced with problems and opportunities
- Your excellent communication skills, both verbal and written, can engage and influence partners and stakeholders
Preferred qualifications, capabilities, and skills
- Markets experience and general trading concepts and terminology is useful to be familiar with
- Knowledge of different types of financial products and asset classes like Fixed Income, Credit, Commodities, Equities
- Background in computer algorithms, python, and specialization (or significant coursework) in low level systems (operating systems, compilers, GPUs, etc.)
- Knowledge of options pricing theory, trading algorithms, financial regulations, stochastic calculus, machine learning, or high-performance computing would be a plus
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.
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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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Employees engage in a combination of remote and on-site work.