Quantitative Research - Cash Equities Analytics Automation and Optimization (AAO) - Associate o[...]

JPMorganChase; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global financial services firm in Greater London is seeking an Associate or Vice President in Quantitative Research. The role involves optimizing and automating trading processes through advanced analytics and quantitative models. Candidates should have a graduate degree in a quantitative field, strong analytical skills, and 1-3 years of experience in finance. This position offers a unique opportunity to impact financial markets using cutting-edge methodologies.

Qualifications

• Graduate degree in Mathematics, Physics, Statistics, or Economics; PhD preferred.
• Exceptional analytical and quantitative problem-solving skills.
• Ability to communicate complex research clearly.
• Strong software design and development skills using Python.
• 1 to 3 years' experience in finance; knowledge of electronic trading preferred.

Responsibilities

• Work closely with trading to build analytics and processes that optimize trading.
• Develop models for systematic market making using statistics or machine learning.
• Support implementation of analytics and analyze their performance.
• Communicate with the business to manage inventory and risk effectively.
• Contribute to the development of trading signals.

Skills

Analytical skills

Quantitative problem-solving

Software development (Python)

Communication skills

Strategic thinking

Education

Graduate degree in a quantitative field

PhD degree preferred

Tools

KDB/Q

Job description

If you are passionate, curious and ready to make an impact, we are looking for you.

Quantitative skills are at the core of J.P. Morgan's capabilities, contributing critically to the competitiveness and innovative power of our firm. The team's mission is to develop cutting‑edge next‑generation analytics and processes to transform, automate and improve the trading operations of our cash equities, Central Risk Book, Program Trading and ETF business.

Job Summary

As an Associate or Vice President in Quantitative Research, Cash Equities Analytics, Automation and Optimization team, you will have the opportunity to utilize your interest in areas such as systematic trading, market making, inventory management, computational statistics, and applied mathematics, with a keen interest to apply these techniques to financial markets and have a transformational impact on the business.

We work closely with traders to develop data‑driven solutions such as risk models, portfolio construction, trading signals, flow categorization and clustering, custom basket solutions - and to ultimately combine them into automated trading processes.

Job Responsibilities

• Work closely with trading to build analytics (single instrument and portfolio) and data-driven processes that automate and optimize trading quantitatively, with special focus on Central Risk Book
• Contribute from idea generation to production implementation: perform research, design prototype, implement analytics and strategies, support their daily usage and analyze their performance
• Develop models for systematic market making, based on quantitative features and historic behaviour using statistics, machine learning or heuristics
• Work with the business to recycle risk, manage inventory, and devise executions and hedging strategies accordingly
• Work with the business to develop signals and how to leverage them

Required Qualifications, Capabilities, and Skills

• Graduate degree (or equivalent) in a quantitative field (Mathematics, Physics, Statistics, Economics, or similar); PhD degree preferred
• Exceptional analytical, quantitative and problem-solving skills, as well as the ability to communicate complex research in a clear and precise manner
• Excellent communication skills, both oral and written
• Entrepreneurial spirit and passion for spreading a culture of change towards data-driven decision making
• Strategic and creative thinking when faced with problems and opportunities.
• Strong software design and development skills using Python, knowledge of KDB/Q is a plus, but not a strict requirement.
• Ability to manipulate and analyze complex, large-scale, high-dimensionality data from varying sources, understanding and working knowledge of trading data and how to manage it, KDB/q experience is a plus
• 1 to 3 years' experience in finance: electronic trading, portfolio analytics (risk modelling, portfolio optimization, synthetic trading, ETF trading), trading strategies (high to low frequency: market making, statistical arbitrage), market making.

Preferred Qualifications, Capabilities, and Skills

• Demonstrated expertise in KDB/q

About Us

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. Visit 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.