Quantitative Research & Cash Equities Program Trading Associate or Vice President

J.P. Morgan; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global financial services firm seeks an Associate or Vice President in Quantitative Research to work closely with trading teams, focusing on analytics and trading automation. Candidates should have a strong quantitative background, excellent communication skills, and experience in finance. The role involves developing automated trading processes and analyzing performance metrics. This position offers an opportunity to make a significant impact on trading operations.

Qualifications

• Degree in a quantitative field or equivalent.
• Excellent communication skills, both oral and written.
• Demonstrated entrepreneurial spirit in data-driven decision making.
• Exceptional analytical, quantitative and problem-solving skills.
• Strong software design skills using languages such as Python, C++, or Java.
• Ability to manipulate large scale data from various sources.
• Experience in finance including electronic trading and risk management.

Responsibilities

• Develop analytics and automate trading processes with an emphasis on delta one synthetics trading.
• Contribute to the development of research and implementation of trading strategies.
• Analyze performances using quantitative features and machine learning.
• Centralize risk and devise appropriate hedging strategies.

Skills

Quantitative analysis

Communication skills

Problem-solving

Data-driven decision making

Software design and development

Finance experience

Education

Degree in Mathematics, Physics, Statistics, Economics or equivalent

Tools

Python

C++

Java

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

Job summary

As an Associate or Vice President inQuantitative Research,Cash Equities Analytics, Automation and Optimization team, you will work closely with trading to build analyticsand data‑driven processes that automate and optimize trading quantitatively, with special focus on delta one synthetics trading. We are seeking individuals passionate in areas such as electronic trading, optimization, computational statistics, and applied mathematics, with a keen interest to apply these techniques to financial markets and have a transformational impact on the business.

Job responsibilities

• Work closely with program trading to build analytics (single instrument and portfolio) and data‑driven processes that automate and optimize trading quantitatively, with special focus on index rebalance and portfolio risk trading.
• Contribute from idea generation to production implementation: perform research, design prototype, implement analytics and strategies, support their daily usage and analyse their performance.
• Develop risk factors to analyse performances at single stock and portfolio level, using quantitative features, statistics, and machine learning.
• Work with the business to centralise risk and devise hedging strategies accordingly.

Required qualifications, capabilities, and skills

• You have degree in a quantitative field (or equivalent) in Mathematics, Physics, Statistics, Economics
• You have excellent communication skills, both oral and written
• You demonstrate entrepreneurial spirit and passion for spreading a culture of change towards data‑driven decision making
• You demonstrate exceptional analytical, quantitative and problem‑solving skills, as well as the ability to communicate complex research in a clear and precise manner
• Your demonstrate robust testing and verification practice
• You demonstrate strong software design and development skills using Python, C++ or Java
• You have ability to manipulate and analyse complex, large scale, high‑dimensionality data from varying sources, understanding and working knowledge of trading data and how to manage it
• You demonstrate 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, option trading), derivatives pricing and risk management

Preferred qualifications, capabilities, and skills

• You demonstrate KDB/q experience