At a Glance
- Tasks: Design trading strategies and develop software for pricing algorithms in commodities.
- Company: Join J.P. Morgan, a leading liquidity provider in global macro markets.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborate with global teams and explore innovative trading opportunities.
- Why this job: Make an impact in the fast-paced world of quantitative trading and research.
- Qualifications: Strong programming skills in Java and Python; interest in commodities trading.
The predicted salary is between 60000 - 80000 € 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.
Job responsibilities:
- 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 follow 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.
Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice President in London employer: JPMorganChase
J.P. Morgan is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration in the fast-paced world of global commodities trading. With a strong emphasis on employee growth, you will have access to cutting-edge resources and opportunities to develop your skills in quantitative trading and research, all while being part of a supportive team that values your contributions. Located in a vibrant financial hub, J.P. Morgan provides a unique advantage for professionals looking to make a significant impact in the market.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice President in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry on LinkedIn or at events. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to quantitative trading. We recommend doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your skills! If you’ve worked on relevant projects, be ready to discuss them in detail. Bring along any code samples or tools you've developed to demonstrate your expertise.
✨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 proactive about their job search.
We think you need these skills to ace Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice President in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role. Highlight your experience with Java and Python, and any relevant projects in quantitative trading or commodities. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about quantitative trading and how you can contribute to our team. Be sure to mention any specific experiences that relate to the job description.
Showcase Your Problem-Solving Skills:In your application, don’t just list your skills—show us how you've used them to solve real problems. Whether it's designing trading strategies or working with market data, we love seeing practical examples of your work.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at JPMorganChase
✨Know Your Commodities
Make sure you brush up on your knowledge of commodities markets, especially base metals and energy. Understand the current trends and micro-patterns in these areas, as this will show your genuine interest and expertise during the interview.
✨Showcase Your Coding Skills
Since programming in Python and Java is crucial for this role, be prepared to discuss your past projects or experiences involving these languages. Bring examples of your work, and if possible, demonstrate how you've applied agile methodologies in a trading environment.
✨Understand Risk Management
Familiarise yourself with risk management strategies and how they apply to commodities trading. Be ready to discuss how you would derive automatic hedging solutions and balance competing needs across clients and internal partners.
✨Communicate Effectively
Practice articulating complex concepts clearly and concisely. You’ll need to communicate with various teams, so being able to defend your ideas and tailor your messages to different audiences is key. Consider preparing a few scenarios where you successfully communicated technical information to non-technical stakeholders.
