E-Markets [Multiple Positions Available]
J.P. Morgan
USD 225k-285k / year + Equity
DESCRIPTION:
Duties: Integrate complex quantitative tools into the trading environment to enable traders to make informed decisions based on robust data and analysis. Resolve any pricing failures and booking issues that arise, ensuring that all transactions are accurately recorded and analyzed. Explain model behavior to traders, ensuring they understand how to utilize these tools effectively in their trading strategies. Analyze market data to understand market microstructure and regulations for patterns and trading opportunities. Implement, examine, and refine algorithmic trading strategies based on quantitative models. Develop, deploy, and support advanced models and engines to deliver accurate and timely quotes for derivative products. Assist the equity index flow trading desk by handling client trade pricing, quoting and hedging, and by offering clear explanations for profit and loss results.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Computational Finance, Mathematics, Statistics, or related field of study plus two (2) years of experience in the job offered or as E-Markets, Quantitative Research, or related occupation.
Skills Required: This position requires two (2) years of experience with the following: applying quantitative analysis techniques to support equity markets, including probability theory and stochastic calculus for modeling and predicting market behaviors; utilizing mathematical techniques, such as partial differential equations, numerical optimization, and statistical analysis, to facilitate equity derivative pricing, risk management, and execution; working in equity derivatives space, including inventory risk managing, conducting portfolio scenario analysis, and optimizing strategies to hedge derivative portfolios; utilizing valuation and modeling of equity exotic products, using financial instruments to apply mathematical models for accurate assessment of their value; developing using Python and C++ with quantitative models and creating analytical systems that enhance trading efficiency and book management; working with Trading and Structuring Control groups, analyzing client flow, backtesting trading strategies, and developing analytical systems to improve trading book management; and applying stochastic processes, finite difference methods, Monte-Carlo simulations, and probability theory to solve financial problems.
Job Location: 270 Park Ave, New York, NY 10017.
Full-Time. Salary: $225,000 - $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.
Integrate complex quantitative tools into the trading environment to enable traders to make informed decisions based on robust data and analysis.