Job Description
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.
JPMorganChase, 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 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.
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Full time