At a Glance
- Tasks: Develop advanced models and analytics to optimise trading strategies and enhance decision-making.
- Company: Join a leading financial services firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and unique growth opportunities in a dynamic environment.
- Other info: Collaborative team culture with opportunities to mentor and grow your career.
- Why this job: Make a real impact in finance by leveraging cutting-edge technology and quantitative research.
- Qualifications: Advanced degree in a quantitative field and experience in modelling or analytics.
The predicted salary is between 85500 - 104500 £ per year.
The Prime Finance Quantitative Trading and Research (QTR) team in London develops and maintains advanced mathematical models, innovative methodologies, and robust infrastructure to support and grow the Prime Financial Services business. Our mission is to optimize decision-making, automate processes, and manage and hedge risk.
Prime Financial Services provides financing and securities lending to institutional investors, optimizes the bank’s inventory and balance sheet, and delivers strategic solutions to clients. The QTR team partners closely with trading, technology, and risk teams to deliver impactful tools and analytics.
The team specializes in building models that leverage Machine Learning, Statistics, and Operations Research to solve complex business challenges. As a Vice President in QTR Prime Finance, you will collaborate with senior stakeholders to design and implement those models and help drive business revenue, enhance risk management, and automate workflows. Typical projects include predicting changes in borrow rates or forecasting market demand, unraveling patterns and causality in the data, researching alpha signals and optimizing pricing and inventory allocation to maximize our revenue and profits.
As Vice President in the team you will be involved in regular collaboration with the trading desk. In addition to strong technical expertise, excellent communication skills are essential for effectively engaging with stakeholders and translating complex quantitative concepts into actionable business solutions.
Experience in Prime Finance is preferred but not required. We provide on-job training, and through the diversity of the businesses it supports and the variety of functions that it is responsible for, the QTR group provides unique growth opportunities for you to develop your abilities and your career.
Job responsibilities:
- Develop and implement mathematical, statistical, and machine learning models to optimize revenue and profitability for stock borrow-loan, cash, and synthetic financing books, as well as predictive analytics to forecast borrow rates, product demand, and other key business drivers.
- Apply operations research and optimization techniques to automate and enhance traders’ decision-making and inventory management.
- Analyse market data to uncover patterns, causality and inform business strategy.
- Research and develop alpha signals and automated hedging strategies, both to assist in the systematic trading efforts of the firm and to contribute to the suite of commercialised datasets of the business
- Collaborate with trading, technology, and risk teams to deliver quantitative tools and solutions.
- Build and maintain robust infrastructure for model deployment and analytics delivery.
- Ensure models and analytics meet rigorous control and risk management standards.
- Continuously improve existing models and methodologies in response to evolving business needs.
- Communicate complex quantitative concepts to senior stakeholders and non-technical audiences.
- Mentor junior team members and contribute to a collaborative team environment.
- Document models, methodologies, and processes for transparency and knowledge sharing.
Required Qualifications, Capabilities and Skills
- Advanced degree (Masters or PhD) in Statistics, AI/ML, Computer Science, Operations Research, or related quantitative field.
- Significant experience in quantitative modelling, analytics, or related roles.
- Strong background in AI, machine learning, operations research, or revenue/yield management.
- Proficiency in Python for data analysis, modelling, and software development.
- Deep understanding of statistics, AI, and optimization techniques.
- Demonstrated ability to solve complex quantitative problems and deliver business impact.
- Excellent communication and presentation skills, especially with senior stakeholders.
- Ability to work collaboratively in cross-functional teams.
- Strong organizational skills and attention to detail.
- Experience with large-scale data analysis and visualization tools.
Preferred Qualifications Capabilities and Skills
- Experience with systematic trading and alpha signal research
- Experience in Prime Finance, securities lending, or inventory management.
- Familiarity with revenue and yield management strategies.
- Hands-on experience with machine learning frameworks (e.g., scikit-learn, TensorFlow, PyTorch).
- Knowledge of optimization libraries and techniques (e.g., Gurobi, CPLEX, linear/nonlinear programming).
- Track record of publishing research or presenting at industry conferences.
- Experience mentoring or leading junior researchers.
Quantitative Trading & Research – Prime Finance Quantitative Research – Vice President in London employer: JPMorganChase
JPMorgan Chase is an exceptional employer, offering a dynamic work environment where strategic thinkers can thrive. With a strong commitment to employee growth, comprehensive benefits, and a culture that values diversity and inclusion, you will have the opportunity to influence leadership effectiveness and organizational performance in one of the largest technology organisations. Join us to be part of a legacy that spans over 200 years while shaping the future of financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Trading & Research – Prime Finance Quantitative Research – Vice President in London
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We think you need these skills to ace Quantitative Trading & Research – Prime Finance Quantitative Research – 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.
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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.
