Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice P[...]

Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice P[...]

Full-Time 60000 - 80000 € / year (est.) No home office possible
JPMorganChase

At a Glance

  • Tasks: Design trading strategies and collaborate on innovative software solutions for global commodities.
  • Company: Join J.P. Morgan, a leading global financial services firm.
  • Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
  • Other info: Dynamic team culture with a focus on diversity and inclusion.
  • Why this job: Make an impact in fast-paced trading while working with cutting-edge technology.
  • Qualifications: Strong programming skills in Java and Python; interest in quantitative 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 is 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 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 research micro‑patterns and trends
  • Build, maintain and upgrade applications & tools; also support 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 the 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 a front‑office trading environment
  • Interested in market microstructures and quantitative commodities trading in global markets
  • Attentive to detail, adaptable and eager 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 P[...] employer: JPMorganChase

J.P. Morgan is an exceptional employer, offering a dynamic and inclusive 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 diverse team that values your contributions. Located in a vibrant financial hub, J.P. Morgan provides a unique platform for meaningful career advancement and the chance to make a significant impact in the industry.

JPMorganChase

Contact Detail:

JPMorganChase Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice P[...]

Tip Number 1

Network like a pro! Reach out to folks in the industry, attend events, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by practising common questions and scenarios related to quantitative trading. Get comfortable discussing your technical skills in Python and Java, and be ready to showcase your problem-solving abilities.

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your interests in commodities and quantitative research. Use our website to find roles that excite you and tailor your approach to each one.

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and interested.

We think you need these skills to ace Quantitative Trading & Research – Global Commodities Quantitative Trading - Associate or Vice P[...]

Java Programming
Python Programming
Agile Software Development
Quantitative Analysis
Market Microstructures
Commodities Trading Knowledge
Risk Management

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 do!

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 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 through past projects or work experience, we love seeing creative solutions in action!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company!

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, energy, and gas. Understanding market microstructures and recent trends will help you engage in meaningful discussions during the interview.

Showcase Your Coding Skills

Since programming in Java and Python is crucial for this role, be prepared to discuss your past projects or experiences involving these languages. Consider bringing examples of your work or even a small coding challenge to demonstrate your skills.

Understand Risk Management

Familiarise yourself with risk management strategies relevant to commodities trading. Be ready to explain how you would approach automatic hedging solutions and how you can contribute to optimising trading revenue.

Communicate Effectively

Practice articulating complex concepts clearly and concisely. You’ll need to communicate with various teams, so being able to tailor your message to different audiences is key. Prepare to discuss how you've successfully collaborated in past roles.