Quantitative Developer - Rates Systematic Trading

JPMorganChase; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading financial institution in Greater London is seeking a Quantitative Developer to join its Rates Trading Strategies team. This role involves building and maintaining tools for systematic trading and enhancing existing models. Candidates must have extensive experience in software development, particularly with Python, and possess strong data analysis skills. A Bachelor’s or Master’s degree in Computer Science or a related field is required. The work environment is dynamic, requiring collaboration with a global team.

Qualifications

• Extensive professional experience in software development.
• Experience with data analysis techniques and libraries.
• Knowledge of database systems such as KDB.

Responsibilities

• Build and maintain tools and frameworks for Rates trading.
• Enhance tools and models within the Rates trading group.
• Process and analyze datasets for alpha research.

Skills

Python

Data analysis techniques

Interpersonal and communication skills

Attention to detail

Education

Bachelor's or master's degree in computer science or related field

Tools

numpy

pandas

dash

Java

KDB

git

Job description

J.P. Morgan is seeking a Quantitative Developer to join our Rates Trading Strategies team, which is responsible for designing and implementing tools and frameworks to support the systematic trading activity. The Quantitative Developer will work as part of the front‑office team in Mumbai, with a focus on global Rates markets. The individual must be responsible, independent, driven and able to work in smooth coordination with a global team, with an aim to spearhead a local team. The environment is fast‑paced, dynamic and highly collaborative within a globally distributed group.

Role responsibilities

• Build and maintain tools, UIs and frameworks supporting our systematic risk taking in our Rates trading businesses.
• Build and maintain systematic strategies and performance monitoring and attribution systems.
• Enhance the robustness and integration of the tools and models within the wider Rates trading group.
• Process, clean and analyse large datasets used in the context of alpha research.
• Work closely with traders to learn, understand and improve relevant tools and models.

Required qualifications, capabilities, and skills

• Extensive professional experience in software development, with a strong focus on Python
• Experience with data analysis techniques along with relevant data science libraries (numpy, pandas, etc.) and visualization tools (dash, panel)
• Knowledge of database systems (KDB)
• Strong interpersonal and communication skills; ability to collaborate effectively with traders, quantitative researchers and software developers
• Exceptional attention to detail and outstanding work ethic
• Bachelor's or master's degree in computer science, Computer Engineering or a related field

Preferred qualifications, capabilities, and skills

• Knowledge of Fixed Income / Rates
• Experience with high-frequency trading, algorithmic trading or electronic trading.
• Proficiency in Java
• Experience working collaboratively on common codebases using git.

About Us

JPMorganChase, 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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About the Team

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.