Quantitative Trading and Research - Rates - Associate

JPMorgan Chase & Co. • New York, NY

7d

About The Position

The JP Morgan Quantitative Research team is focused on Interest Rates. Our team
has a shared balanced mixture of responsibilities, including model research and
development, pricing and risk investigation, time series analysis, relative
value/product-specific analysis, software development and discussions with the
trading desk.

Job Summary 

As an Analyst in the Quantitative Research team, you focus  on delivering
best-in-class models and systems to support pricing and risk management of
Interest Rate Derivatives. You will have a chance to develop and maintain
sophisticated mathematical models, cutting-edge methodologies and infrastructure
to value and hedge financial transactions, working closely with trading desks to
give market exposure.

Requirements

• Strong software development skills in Python or C++
• Strong analytical and problem-solving abilities
• Familiarity with probability theory, stochastic processes, numerical analysis, and statistics
• Good communication skills, both oral and written
• Demonstrable ability to explain complicated technical concepts to a non-technical audience
• Ability to thrive in a fast-paced environment of real-time market pressures, remaining focused on client needs

Nice To Haves

• Relevant academic research publications are a plus
• Knowledge of Rates products: Swap, Inflation, Loans, Repos, Bonds, Structured and Exotic deals
• Knowledge of machine learning/statistical techniques

Responsibilities

• Conduct Model research
• Develop Software
• Pricing and risk analysis
• Conduct Model documentation

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed