At a Glance
- Tasks: Develop advanced models and solutions for financial transactions and algorithmic trading.
- Company: Dynamic financial institution focused on innovative quantitative research.
- Benefits: Competitive salary, professional development, and opportunities to work with cutting-edge technology.
- Why this job: Join a passionate team and make a real impact in the world of finance.
- Qualifications: Experience in derivatives trading, strong analytical skills, and proficiency in Python/C++.
- Other info: Collaborative environment with opportunities for growth and learning.
The predicted salary is between 72000 - 108000 £ per year.
Mission The Rates QR team's mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions ranging from vanilla flow products to complex derivative deals, as well as improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide. If you are passionate, curious and ready to make an impact, we are looking for you.
Job summary As a Quantitative Developer in the Quantitative Research Rates team, you will be providing modelling solutions to the Rates business. Your work will combine classical quant finance with solid software engineering to deliver best-in-class models to the trading desk.
Responsibilities
- Develop advanced analytical and risk management models and capability
- Implement these models in our quant library and trading/risk platforms, carrying out testing and writing documentation
- Deliver these models to production
- Work closely with traders and the wider quant team to solve problems and identify opportunities
Required Qualifications
- You have experience in a front-office derivatives trading environment
- You have outstanding analytical and problem-solving abilities
- You demonstrate good written and oral communication
- You demonstrate strong coding and software engineering skills with a passion for technical excellence
- You have professional Python/C++ development experience
- You demonstrate exposure to derivatives pricing theory and standard model
Preferred Qualifications
- Deep understanding of derivatives pricing theory and standard model
- Experience with SecDB / Beacon (or similar)
Quantitative Research - Rates - Vice President employer: Jpmorgan Chase & Co.
Contact Detail:
Jpmorgan Chase & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Research - Rates - Vice President
✨Tip Number 1
Network like a pro! Reach out to professionals in the quantitative finance space on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your coding projects, especially those related to Python or C++. This is your chance to demonstrate your technical excellence and problem-solving abilities to potential employers.
✨Tip Number 3
Prepare for interviews by brushing up on derivatives pricing theory and standard models. We recommend practising common quant interview questions and even doing mock interviews with friends or mentors to build confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Quantitative Research - Rates - Vice President
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for quantitative research and finance shine through. We want to see that you're not just ticking boxes but genuinely excited about the role and how you can contribute to our Rates team.
Be Clear and Concise: Make sure your application is easy to read and straight to the point. Use clear language to describe your experience and skills, especially your coding and analytical abilities. We appreciate a well-structured application that gets to the heart of what you can bring to the table.
Highlight Relevant Experience: Focus on your experience in front-office derivatives trading and any relevant projects you've worked on. We’re looking for specific examples that demonstrate your problem-solving skills and technical expertise, particularly in Python or C++.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Know Your Models Inside Out
Make sure you’re well-versed in the mathematical models and methodologies relevant to the role. Be prepared to discuss how you’ve applied these in previous roles, especially in a front-office derivatives trading environment.
✨Showcase Your Coding Skills
Since strong coding skills are crucial, brush up on your Python and C++ knowledge. You might be asked to solve coding problems or explain your past projects, so have examples ready that demonstrate your technical excellence.
✨Communicate Clearly
Effective communication is key in this role. Practice explaining complex concepts in simple terms, as you’ll need to collaborate with traders and the wider quant team. Clear documentation of your models will also be important.
✨Understand the Business Context
Familiarise yourself with the Rates business and the specific challenges it faces. Being able to identify opportunities and propose solutions during the interview will show your passion and curiosity for making an impact.