At a Glance
- Tasks: Design and develop quantitative models for pricing and risk management in trading.
- Company: Dynamic financial firm in London with a focus on innovation.
- Benefits: Competitive salary, professional growth, and collaborative work environment.
- Other info: Fast-paced environment with opportunities for continuous improvement and learning.
- Why this job: Join a cutting-edge team and make a real impact in finance.
- Qualifications: Advanced degree in a quantitative field or relevant experience required.
The predicted salary is between 63000 - 77000 £ per year.
We’re seeking a highly motivated Associate or Vice President to join our Quantitative Trading & Research (QTR) team in London. The role blends quantitative development with close engagement with Trading and Risk to deliver impactful solutions.
As an Associate or Vice President on the Quantitative Trading & Research team, you will partner closely with both XVA trading and Counterparty Credit risk. You will help in developing quantitative models to enhance pricing and risk management.
Job responsibilities:
- Design and develop models/analytics for pricing and management of XVA, Margin and Counterparty Credit Risk, from research to product deployment.
- Partner with Trading and Risk to translate business needs into quantitative solutions, provide ongoing production support including incident triage and root-cause analysis.
- Own end-to-end delivery with Technology on implementation, testing and deployment.
- Drive model governance and continuous improvement in partnership with Model Validation, including documentation, controls, and ongoing performance monitoring.
Required qualification, capabilities, and skills:
- Advanced degree in a quantitative field (or Bachelor’s with relevant experience).
- Strong understanding of probability/statistics and derivatives pricing; demonstrated ability to develop new quantitative approaches.
- Strong programming in Python and/or C++.
- Clear communicator with strong ownership, problem-solving skills, and ability to thrive in a fast-paced, collaborative environment.
Preferred qualification, capabilities, and skills:
- Agentic AI and data pipeline/processing experience a plus.
- Product development lifecycle experience a plus.
Quantitative Trading & Research - Portfolio - Associate or Vice President in London employer: JPMorganChase
JPMorganChase is an exceptional employer, offering a dynamic work environment in Greater London where innovation thrives. With a strong commitment to diversity and inclusion, employees benefit from collaborative agile teams, extensive professional development opportunities, and the chance to work on cutting-edge technology products that shape the future of finance. Join us to be part of a culture that values your contributions and supports your growth.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Trading & Research - Portfolio - Associate or Vice President in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like JPMorganChase. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Quantitative Trading & Research - Portfolio - Associate or Vice President in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to JPMorganChase.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on JPMorganChase's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at JPMorganChase
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with JPMorganChase.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at JPMorganChase will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former JPMorganChase employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.