JPMorganChase is looking to solve the problem of shaping the future of flow products in Equity Derivatives by driving and implementing advanced analytics, optimization, and modeling for volatility trading.
Requirements
- Solid understanding of stochastic calculus, probability theory, and numerical methods.
- Deep understanding of option theory and equity derivatives products.
- Strong programming skills in Python, C++, and numerical packages.
- Experience with quantitative techniques, data analysis, and machine learning.
- Experience with market data analysis and its application in derivatives trading.
- Knowledge of risk management frameworks and regulatory requirements.
- Prior experience in a front-office quantitative research or trading role.
Responsibilities
- Work on the Equity Derivatives Flow trading desk to build analytics, and develop and enhance pricing and risk models for flow products.
- Drive research and implementation of volatility trading analytics, including volatility surface calibration and modeling.
- Develop client analytics, pre-trade and post-trade analysis, and hedging optimization tools.
- Play an integral part in building a data-driven trading and risk management ecosystem.
- Contribute from idea generation to production implementation: perform research, design prototypes, implement analytics to manage client flow and risk inventory, support their daily usage, and analyze their performance.
- Collaborate closely with traders to communicate findings and deliver actionable solutions.
- Build analytics and develop pricing and risk models
Other
- Advanced degree (Master’s or Ph.D.) in a quantitative field (Mathematics, Physics, Engineering, Computer Science, Financial Engineering, etc.) from a top university.
- 1+ years of experience in equity modeling
- Ability to communicate effectively with trading and deliver end-to-end solutions.
- Competitive total rewards package including base salary determined based on the role, experience, skill set and location.
- 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.
