Quantitative Research Volatility Systematic Trading Vice President
About Quantitative Research
Quantitative Research (QR) is an expert quantitative modeling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management. As a global team, QR partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.
Opportunity
The QR Systematic Trading group is looking for a quantitative researcher for the Equity Derivatives Flow business. The group™s objective is to drive the automation and optimization of volatility trading, which includes pricing and hedging client trades, managing portfolio risks, market making and electronic execution. The role involves contributing to all these fronts in partnership with the trading desks, by making extensive use of data and AI.
To be a successful candidate, you need to be business driven and to have previous quantitative experience in a Bank or a Hedge Fund, ideally in the equity option markets. Your skillset should feature an extensive knowledge of quantitative methods and AI applied to financial markets, including risk modelling, alpha research and general data science, as well as a strong expertise in programming languages (python, TensorFlow, KDB). Finally, excellent communication skills are essential for the role.
In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career.
We make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.
If you are passionate, curious and ready to make an impact, we are looking for you.
Your Impact
You™ll contribute to the strategic agenda to transform our investment bank into a data-led business and drive change through innovation. Specifically, you™ll have the chance to:
Contribute directly to the business and client franchise; identify and generate revenue opportunities while working in close partnership with trading desks
Work on the Equity Derivatives Flow trading desk to automatize and optimize trading: build analytics and trading algorithms for quoting and hedging derivatives client trades, managing the risks and optimizing delta hedging. Build efficient electronic option execution and market making algorithms. Optimize trading operations with alpha signals
Contribute from idea generation to production implementation: perform research, design prototype, implement analytics and trading algorithms to manage client flow and risk inventory, support their daily usage and analyse their performance
About You
You have a strong quantitative background and mindset, as well as practical problem-solving skills
You™re interested in equity markets, derivatives and electronic trading; you have previous experience in the financial industry
You like working closely with trading desks, understanding their business, having an impact on the way they operate
You have practical AI and data analytics skills on real data sets gained through hands-on experience
You bring computer programming experience such as python, TensorFlow, KDB, C++, Java
You have strong interpersonal skills you listen and communicate in a direct, succinct manner and are willing to partner with people from different backgrounds
You™re driven, attentive to detail and easily adaptable. You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs
Desirables
Advanced graduate degree (MS or PhD) in a quantitative field (Mathematics, Physics, Statistics, Quantitative Finance, Economics, Computer Science, Data Science...)
Broad experience in equity derivatives and electronic trading. Experience in derivatives pricing models and hedging techniques. Experience in algorithmic trading and in analyzing high frequency market data
Strong programming skills in Python and its standard numerical and data science packages. Ability to handle and analyse complex, large scale, high-dimensionality data from varying sources. Experience with TensorFlow or other standard AI libraries
Business driven, excellent communication, deep interest in the option business, electronic trading and automation. Entrepreneurial spirit, strong attention to details, able to take the lead on projects, and passion for spreading a culture of change towards data-driven trading
Beyond that, we™re interested in the things that make you unique: personal qualities, outside interests and achievements beyond academia and profession that demonstrate the kind of person you are and the differences you could bring to the team.
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 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.
Equal Opportunity Employer/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.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.
Keyword: consumer%20banking
Quantitative Research Volatility Systematic Trading Vice President
About Quantitative Research
Quantitative Research (QR) is an expert quantitative modeling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management. As a global team, QR partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.
Opportunity
The QR Systematic Trading group is looking for a quantitative researcher for the Equity Derivatives Flow business. The group™s objective is to drive the automation and optimization of volatility trading, which includes pricing and hedging client trades, managing portfolio risks, market making and electronic execution. The role involves contributing to all these fronts in partnership with the trading desks, by making extensive use of data and AI.
To be a successful candidate, you need to be business driven and to have previous quantitative experience in a Bank or a Hedge Fund, ideally in the equity option markets. Your skillset should feature an extensive knowledge of quantitative methods and AI applied to financial markets, including risk modelling, alpha research and general data science, as well as a strong expertise in programming languages (python, TensorFlow, KDB). Finally, excellent communication skills are essential for the role.
In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career.
We make reasonable accommodations for applicants™ and employees™ religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.
If you are passionate, curious and ready to make an impact, we are looking for you.
Your Impact
You™ll contribute to the strategic agenda to transform our investment bank into a data-led business and drive change through innovation. Specifically, you™ll have the chance to:
Contribute directly to the business and client franchise; identify and generate revenue opportunities while working in close partnership with trading desks
Work on the Equity Derivatives Flow trading desk to automatize and optimize trading: build analytics and trading algorithms for quoting and hedging derivatives client trades, managing the risks and optimizing delta hedging. Build efficient electronic option execution and market making algorithms. Optimize trading operations with alpha signals
Contribute from idea generation to production implementation: perform research, design prototype, implement analytics and trading algorithms to manage client flow and risk inventory, support their daily usage and analyse their performance
About You
You have a strong quantitative background and mindset, as well as practical problem-solving skills
You™re interested in equity markets, derivatives and electronic trading; you have previous experience in the financial industry
You like working closely with trading desks, understanding their business, having an impact on the way they operate
You have practical AI and data analytics skills on real data sets gained through hands-on experience
You bring computer programming experience such as python, TensorFlow, KDB, C++, Java
You have strong interpersonal skills you listen and communicate in a direct, succinct manner and are willing to partner with people from different backgrounds
You™re driven, attentive to detail and easily adaptable. You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs
Desirables
Advanced graduate degree (MS or PhD) in a quantitative field (Mathematics, Physics, Statistics, Quantitative Finance, Economics, Computer Science, Data Science...)
Broad experience in equity derivatives and electronic trading. Experience in derivatives pricing models and hedging techniques. Experience in algorithmic trading and in analyzing high frequency market data
Strong programming skills in Python and its standard numerical and data science packages. Ability to handle and analyse complex, large scale, high-dimensionality data from varying sources. Experience with TensorFlow or other standard AI libraries
Business driven, excellent communication, deep interest in the option business, electronic trading and automation. Entrepreneurial spirit, strong attention to details, able to take the lead on projects, and passion for spreading a culture of change towards data-driven trading
Beyond that, we™re interested in the things that make you unique: personal qualities, outside interests and achievements beyond academia and profession that demonstrate the kind of person you are and the differences you could bring to the team.
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 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.
Equal Opportunity Employer/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.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.
Keyword: consumer%20banking
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 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.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the œWELL Health-Safety Rating for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm™s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm™s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
Equal Opportunity Employer/Disability/Veterans
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.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.