Quantitative Trading & Research - Global Commodities Quantitative Trading - Associate or Vice President

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 150,000 - 200,000; Full time

Job summary

JPMorgan Chase & Co. is seeking an Associate or Vice President in Global Commodities Quantitative Trading & Research. The role focuses on base metals, bullion, energy, gas, and commodity indices, collaborating across teams to drive revenue and build pricing algorithms.

You will design trading strategies, develop software tools, and work with global teams to extract value from flows while adhering to risk policies and regulatory guidelines.

Qualifications

• Advanced degree in quantitative fields is required or highly preferred.
• Experience in commodities markets and general trading concepts and terminology.
• Experience with real time market data feeds and CLOB order placement with major exchanges (LME, CME, ICE).
• Direct experience of agile software methodologies.
• Experience with KDB+/q is a plus.

Responsibilities

• Design trading and execution strategies and researching micro-patterns and trends.
• Build, maintain and upgrade applications and tools; support day-to-day operations.
• Collaborate with trading professionals across countries to price commodities using Python and Java.
• Develop automatic hedging solutions with risk managers to optimize flows.
• Work with sales to expand e-commerce footprint and opportunities in the region.

Skills

Python programming

Java programming

Quantitative analysis

Agile software development

Communication skills

Team collaboration

Risk management

Education

Advanced degree in quantitative field

Tools

KDB+/q

Job description

As an Associate or 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 to be 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 researching micro-patterns and trends
• Build, maintaining and upgrading applications & tools; also supporting 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 firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies
• Balance potentially competing needs across clients, internal partners and the firm
  Possess solid design and programming skills, with primary focus on Java and Python
• Interested in applying agile software development practices in front-office trading environment
• Interested in market microstructures and quantitative Commodities trading in global markets
• Attentive to detail, adaptable and hungry 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
  Quantitative Trading & Research - Global Commodities Quantitative Trading - Associate or Vice President, 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 are responsible for algorithmic pricing, automated risk management and hedging, and intelligent order execution strategies., 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., 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.