Quantitative Research - Cash Equities Program Trading AAO - Associate or Vice President

If you are passionate, curious and ready to make an impact, we are looking for you. Quantitative skills are at the core of J.P. Morgan's capabilities, contributing critically to the competitiveness and innovative power of our firm. The team's mission is to develop cutting‑edge next generation analytics and processes to transform, automate and improve the trading operations of our cash equities, ETF, and Program Trading business. We work closely with traders to develop data‑driven solutions such as risk models, portfolio optimization, trading signals, flow categorization and clustering, custom basket solutions and to ultimately combine them into automated trading processes.

As an Associate or Vice President in Quantitative Research, Cash Equities Analytics, Automation and Optimization team, you will work closely with trading to build analytics and data‑driven processes that automate and optimize trading quantitatively, with special focus on delta one synthetics trading. We are seeking individuals passionate in areas such as electronic trading, optimization, computational statistics, and applied mathematics, with a keen interest to apply these techniques to financial markets and have a transformational impact on the business.

Job responsibilities:

• Work closely with program trading to build analytics (single instrument and portfolio) and data-driven processes that automate and optimize trading quantitatively, with special focus on index rebalance and portfolio risk trading.
• Contribute from idea generation to production implementation: perform research, design prototype, implement analytics and strategies, support their daily usage and analyse their performance.
• Develop risk factors to analyse performances at single stock and portfolio level, using quantitative features, statistics, and machine learning.
• Work with the business to centralise risk and devise hedging strategies accordingly.

Required qualifications, capabilities, and skills:

• You have degree in a quantitative field (or equivalent) in Mathematics, Physics, Statistics, Economics.
• You have excellent communication skills, both oral and written.
• You demonstrate entrepreneurial spirit and passion for spreading a culture of change towards data-driven decision making.
• You demonstrate exceptional analytical, quantitative and problem-solving skills, as well as the ability to communicate complex research in a clear and precise manner.
• You demonstrate robust testing and verification practice.
• You demonstrate strong software design and development skills using Python, C++ or Java.
• You have ability to manipulate and analyse complex, large scale, high-dimensionality data from varying sources, understanding and working knowledge of trading data and how to manage it.
• You demonstrate experience in finance: electronic trading, portfolio analytics (risk modelling, portfolio optimization, synthetic trading, ETF trading), trading strategies (high to low frequency: market making, statistical arbitrage, option trading), derivatives pricing and risk management.

Preferred qualifications, capabilities, and skills:

• You demonstrate KDB/q experience.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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.

About the Team: 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.