DESCRIPTION:
Duties: Research mathematical pricing models used by the rates options derivatives trading desks and the development of those pricing models and associated risk engine in C++ and Python. Research pricing, risk, and volatility models for non-linear and exotic financial products in rates. Perform statistical analysis of trading data to infer trading signals, debug pricing and risk models, and assist in upgrading as needed. Develop new analytics in proprietary platforms based on Python and C++ and design software patterns to assert compatibility between different platforms and libraries. Review overnight processes owned by the group and amend any technical issues. Monitor traders’ applications developed by the group and develop further enhancements on the analytics put in place based on traders’ comments and requests.
QUALIFICATIONS:
Minimum education and experience required: Master’s degree in Financial Engineering, Mathematics, Computer Science, or related field of study
Skills Required: Requires experience in the following: Experience in the skills may be gained through professional work experience, graduate coursework, or internships. Requires experience in the following: C++; Python; Optimization algorithms; Time Series Analysis; Software for computing risk metric of large numbers of derivatives; Modeling of complex interest rates derivatives; Numerical method for complex derivatives, such as American Monte Carlo Algorithm and implementation of PDE; Probability theory; Stochastic processes; Data analytics; Quantitative risk modelling.
Job Location: 383 Madison Avenue, New York, NY 10179
Full-Time. Salary: $205,000.00-$275,000.00 per year.
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
Equal Opportunity Employer/Disability/Veterans
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
