E-Markets [Multiple Positions Available]
J.P. Morgan
New York, NY, USA
USD 205k-285k / year + Equity
DESCRIPTION:
Duties: Lead the design and implementation of automated systems for options pricing, hedging, and quoting, emphasizing enhancements in speed and accuracy. Serve as technical lead for analytical tool building for both live volatility trading analysis and historical research backtesting framework. Provide sophisticated algos to help drive trading decisions with intensive research on volatility signals and applying optimization techniques. Lead automated options pricing systems for North America, expanding coverage to the Index desk with responsibilities in pricing, quoting, and model development. Provide daily desk support for operational issues. Collaborate closely with trading desk, research team, and development technology team.
QUALIFICATIONS:
Minimum education and experience required: Ph.D. in Engineering (any), Mathematics, Statistics, Financial Engineering, Computer Science, Operation Research or related field of study plus 3 years of experience in the job offered or as E-Markets, Quantitative Research Associate, Data Scientist or related occupation.. The employer will alternatively accept a Master's Degree in Engineering (any), Mathematics, Statistics, Financial Engineering, Computer Science, Operation Research or related field of study plus 5 years of experience in the job offered or as E-Markets, Quantitative Research Associate, Data Scientist or related occupation.
Skills Required: This position requires experience with the following: Artificial intelligence, machine learning, and statistical methods as applied to financial markets; Quantitative techniques for risk modeling, transaction cost analysis, and volatility modeling; Developing and implementing parametric implied volatility models and stochastic local volatility models; Conducting signal optimization; Designing and building complex quantitative models using programming languages such as Python, KDB or C++; Using Python, Pytorch, and Sklearn to implement machine learning algorithms, develop analytics pipelines, and support research infrastructure; Using machine learning techniques (including Linear Regression, decision trees, clustering, and neural networks) and programming packages (including Sklearn, TensorFlow, and statsmodels) to solve problems related to financial modeling, analyze financial and alternative datasets, and communicate quantitative findings through written reports or presentations.
Job Location: 270 Park Ave, New York, NY 10017.
Full-Time. Salary: $205,000 - $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.
Lead the design and implementation of automated systems for options pricing, hedging, and quoting, emphasizing enhancements in speed and accuracy.