Fixed Income - Currencies and Commodities (FICC) - Quantitative Trading - Associate
J.P. Morgan
The Fixed Income, Currencies, and Commodities (FICC) Quantitative Trading group is responsible for systematic trading across FX, Rates, Commodities, and Credit markets. The team covers a broad scope including the design and implementation of cutting-edge proprietary quantitative models – leveraging advanced AI and machine learning techniques – that drive our automated trading systems (pricing, risk management, and execution), the oversight of day-to-day risk and operations, and the optimization of Franchise client liquidity offering in a data-driven manner.
Job Summary
As an Associate in Fixed Income, Currencies, and Commodities (FICC) Quantitative Trading, you will contribute to the building of systematic trading strategies using quantitative, AI, and machine learning approaches. You must be responsible, independent, driven, and able to work in smooth collaboration with the wider team. The environment is fast-paced and challenging. As a member of the team, you 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
- Analyze large and complex datasets to identify patterns and revenue opportunities
- Conduct back testing and assess pricing, risk management, and execution strategies, with a focus on leveraging machine learning models
- Expand the group’s library of modeling, analytics, and automation tools
- Review trading performance and make data-driven decisions, utilizing statistical and machine learning methods
- Maintain and improve trading software systems and tools
- Resolve day-to-day trading issues
Required qualifications, capabilities, and skills
- Advanced Degree in computer science, math, physics, engineering, or other quantitative fields
- Relevant full-time experience
- Ability to demonstrate strong programming skills in C++/Java or other object-oriented languages
- Strong knowledge of statistics and machine learning
- Attention to detail, adaptable, driven, and collaborative
- Demonstrate interest in markets, systematic trading
- Clear written and verbal communication is required
Preferred qualifications, capabilities, and skills
- Ability to understand and map data flows across applications and data sources
- Prior experience in Rates markets (cash or swaps)
- Knowledge of order types, L2 market data, and central limit order books
- Experience with KDB+/q
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
J.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.
The FICC Quantitative Trading group is responsible for systematic trading across FX, Rates, Commodities, and Credit markets.