Quantitative Research [Multiple Positions Available]
J.P. Morgan
USD 210k-285k / year + Equity
Duties: Contribute to the strategic agenda to further transform equities trading into a data-led business and drive change through innovation and business process optimization using state-of-the-art electronic trading techniques. Work closely with trading to build analytics and data-driven processes that automate and optimize trading quantitatively, with special focus on ETF trading. Contribute from idea generation to production implementation. Perform research, design prototype, implement analytics and trading algorithms, support daily usage and analyze performance. Develop pricing models for market making activities taking into consideration alpha signals, quantitative features, and historic behavior using statistics, machine learning or heuristics. Work with the business to recycle risk and devise hedging strategies accordingly. Use of order book dynamics and electronic trading algorithms.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Economics, Computer Engineering, Computer Science, Mathematics, Physics, Statistics, or related field of study plus 4 years of experience in the job offered or as Quantitative Research, or related occupation. The employer will alternatively accept a Master's degree in Economics, Computer Engineering, Computer Science, Mathematics, Physics, Statistics, or related field of study plus 2 years of experience in the job offered or as Quantitative Research, or related occupation.
Skills Required: This position requires experience with the following: Develop risk analytics using portfolio factor models including Barra and Axioma; building end to end automated and real time trading solutions using peer to peer messaging protocols Including AMPS, Tibco RV and Kafka; design and implementation of systematic hedging solution using Python; using statistical and machine learning packages including SciPy, XGBoost and Matplotlib to optimize trade execution; using Tableau and Matplotlib to view historical data simulation and build framework for automated decision making using machine learning and statistical libraries including stats, sci-kit learn, and TensorFlow; using time series databases including KDB to develop software systems; Conduct trading strategy research using Object Oriented Languages including Python, C++ and Java; utilizing decision driven analytics from data stored in KDB in Object Oriented Language.
Job Location: 270 Park Avenue, New York, NY 10017.
Full-Time. Salary: $210,000 - $285,000 per year.
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.
Contribute to the strategic agenda to further transform equities trading into a data-led business and drive change through innovation and business process optimization using state-of-the-art electronic trading techniques.