At a Glance
- Tasks: Design trading strategies and collaborate on innovative software solutions for global commodities.
- Company: Join J.P. Morgan, a leader in financial services with a focus on diversity and inclusion.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic team culture with excellent career advancement opportunities.
- Why this job: Make an impact in a fast-paced trading environment while working with cutting-edge technology.
- Qualifications: Strong programming skills in Java and Python; interest in quantitative trading.
The predicted salary is between 54000 - 66000 £ per year.
J.P. Morgan is a top tier liquidity provider in global macro markets offering competitive pricing across commodities products, 300 currency pairs in cash and derivative products. We offer a full spectrum of Commodities products - from plain vanilla to exotic options; from commodities, major currencies to emerging markets. The Quantitative Trading & Research group drives systematic trading within this space and are responsible for algorithmic pricing, automated risk management and hedging, and intelligent order execution strategies.
As an Associate / a Vice President in the Global Commodities, Quantitative Trading & Research team, you will work in a fast-paced and challenging environment, focusing primarily on base metals, bullion, energy, gas, and commodity indices. If you consider yourself to be responsible, independent, and able to work in smooth coordination with the larger team to drive the desk's revenue, you may be a great candidate for the role. You will collaborate closely with various business teams to drive revenue and expand the business. Apart from that, you will also be expected to cover a wide range of responsibilities, like those listed below.
- Design trading and execution strategies and researching micro-patterns and trends
- Build, maintain and upgrade applications & tools; also supporting day-to-day operation
- Work with trading professionals in various countries to create software for pricing algorithms for various Commodities, using Python and Java programming languages
- Derive automatic hedging solutions with risk managers to extract the best values out of our flows
- Work in close collaboration with sales to explore ways to expand our e-commerce footprint in the region
- Look for unique automated trading opportunities to drive our trading revenue
- Understand firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies
- Balance potentially competing needs across clients, internal partners and the firm
Required qualifications, capabilities, and skills
- Possess solid design and programming skills, with primary focus on Java and Python
- Interested in applying agile software development practices in front-office trading environment
- Interested in market microstructures and quantitative Commodities trading in global markets
- Attentive to detail, adaptable and hungry to learn new things
- Demonstrable proficiency with market and product terminology
- Think strategically and creatively when faced with problems and opportunities
- Thrive on the challenge of competitive pressures and remain focused on client needs
- Communicate concepts and ideas, both verbally and via documentation, and are able to defend their validity and target messages to different audiences
Preferred qualifications, capabilities, and skills
- Advanced degree in Computer Science, Mathematics, Physics, Engineering, or other quantitative fields
- Commodities markets experience and general trading concepts and terminology. Experience in the pricing and risk management of Commodities derivatives will be a big advantage
- Experience with real time market data feeds and CLOB order placement, in particular with commodity exchanges such as LME, CME and ICE
- Direct experience of agile software methodologies
- Experience with KDB+/q
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.
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.
Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice President employer: JP Morgan Chase
At J.P. Morgan, we pride ourselves on being an exceptional employer, particularly within our Global Financial Crimes Compliance team in EMEA. Our commitment to diversity and inclusion fosters a collaborative work culture where employees are empowered to grow and develop their skills in a dynamic environment. With access to comprehensive training and the opportunity to engage with a wide range of financial services, you will find meaningful and rewarding career advancement in a company that values your contributions.