Job Description
DESCRIPTION:
Duties: Conduct quantitative research on the Central Risk Book trading desk. Build and continuously improve quantitative solutions and trading strategies, drive the implementation of centralized live data service, build risk and profit and loss analytics tools, advance JPMC’s risk/pricing solutions, and design data-driven processes to automate and optimize trading. Work closely with Central risk traders to monitor inventory, and engage with senior stakeholders and leaders in Equities Cash Risk businesses. Use real-time and historical data to optimize performance of systematic trading and hedging strategies, facilitate and improve internalization and best execution of client flows, conduct portfolio optimization and risk management using multi-factor models, develop and back-test signals for automated trading, and perform order flow analysis. Interact daily with trading, technology and production support teams to maximize benefits of centralized risk consolidation and management for clients and the entire equities franchise.
QUALIFICATIONS:
Minimum education and experience required: Master’s degree in Finance, Mathematics, Computer Science or related field of study plus 3 (Three) years of experience in the job offered or as Quantitative Researcher, Quantitative Analyst, Equities Strategy Associate, or related occupation. The employer will alternatively accept a Bachelor’s degree in Finance, Mathematics, Computer Science or related field of study plus 5 (Five) years of experience in the job offered or as Quantitative Researcher, Quantitative Analyst, Equities Strategy Associate, or related occupation.
Skills Required: Requires experience with the following: Working in mid and low-frequency equities cash systematic trading and high-frequency algorithmic trading; Market microstructure of global equities and futures markets; Developing Trading Cost Models for global equities and futures; Time series analysis; Alpha generation; Conducting signal research; Backtesting for futures and US listed equities such as spread, volume or price signals using level 2 market data; KDB+ or q; Python; Pandas; R; Bloomberg; Tableau; Statistics; Optimization; Machine learning; Bayesian inference; and Regression. Requires licenses in the following: FINRA Series 7 or Series 7 TO; FINRA Series 63; and FINRA Series 57 or Series 57TO.
Job Location: 383 Madison Avenue, New York, NY 10179.
Full-Time. Salary: $215,000 – $285,000 per year.
About Us
JPMorgan Chase & Co., 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 and perspectives that 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. (If you are a US or Canadian applicant with a disability and wish to request an accommodation to complete the application process, please contact us by calling the Accessibility Line (US and Canada Only) 1-866-777-4690 and indicate the specifics of the assistance needed.)
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
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.