If you are passionate, curious and ready to make an impact, we are looking for you.
Job summary
As a Quantitative Research Analyst or Associate in - Rates Options team, you will work closely with Interest Rates Flow Option trading desks to develop statistical arbitrage strategies and other quantitative trading models. Our team's mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions, as well as improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide.
Job Responsibilities
- Develop and enhance prices and implement them in C++/Python for pricing and risk managing derivatives
- Prototype of models and products; benchmark and compare results of various techniques
- Explain model behavior and predictions to traders and controllers, identify major sources of risk in portfolios, carry out scenario analysis, provide guidance/debug analytics
- Write well-formulated documents of model specification and implementation testing
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Required qualifications, capabilities, and skills
- You thrive in a fast-paced environment of real-time Market pressures and easily remain focused on client needs
- You demonstrate quantitative and problem-solving skills as well as research skills; excellence in probability theory and numerical analysis
- You demonstrate proficiency in code design and programming skills, with primary focus on Python and C++
- You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs
- Your excellent communication skills, both verbal and written, can engage and influence partners and stakeholders
- You are good at communicating concepts and ideas, also via documentation, and you are keen to defend their validity and tailor messages to different audiences
- You are enthusiastic about knowledge sharing and collaboration
- You think strategically and creatively when faced with problems and opportunities
- You always look for new ways of doing things
Preferred qualifications, capabilities, and skills
- You have Masters (or equivalent) degree in Engineering, Mathematics, Physics, or Computer Science
- You have relevant academic research publications
- You demonstrate knowledge of interest rate products
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.