Quantitative Trading & Research - eTrading - Associate/Vice President

JPMorganChase; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

JPMorganChase is looking for an Associate / Vice President in Quantitative Trading & Research in Mumbai. The role involves developing algorithmic models and collaborating with a global team to improve equities electronic execution.

The ideal candidate should possess strong quantitative and programming skills, particularly in Python or C++, and be eager to explore research in algorithmic trading. You'll participate in a collaborative environment while upholding our commitment to diversity and inclusion.

Qualifications

• Prior experience with high-frequency data and statistical/machine-learning models.
• Demonstrated quantitative and problem-solving skills.
• Strong computer programming experience in Python or C++.

Responsibilities

• Develop mathematical models for algorithmic execution strategies.
• Design models for limit order placement and order routing.
• Analyze order flow and suggest methods for improving execution performance.
• Conduct market microstructure research and write white papers.

Skills

Quantitative skills

Problem-solving skills

Research skills

Computer programming (Python/C++)

Experience in high-frequency data

Tools

q/kdb

Job description

Job Description

Quantitative Trading & Research (QTR) is an expert quantitative modeling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management. As a global team, QTR partners with traders, marketers and risk managers across all products and regions, contributing to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.
As an Associate / Vice President within the QTR eTrading team, you will be responsible for performing research that helps improve the firm’s equities electronic execution business. You will work alongside 10+ researchers globally and partner with sales, marketing, product and technology teams across all regions. QTR provides on-the-job training, intensive internal classroom training and online courses taught by experienced quants.
We make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.
If you are passionate, curious and ready to make an impact, we are looking for you.

Job Responsibilities

• Develop mathematical models for algorithmic execution strategies, both for single stock and portfolios
• Design state‑of‑the‑art models for limit order placement and order routing between venues
• Develop quantitative tools to analyze order flow and suggest methods for improving execution performance
• Carry out market microstructure research and write white papers

Required Qualifications, Skills and Capabilities

• You should have prior experience in one or more of the following:
  • Handling high‑frequency data / big data and developing statistical and/or machine‑learning models on the same
  • Pre‑/post‑trade analytics (including market microstructure research) for execution algorithms
  • Short‑term price predictive, alpha and portfolio optimization models
• You demonstrate quantitative and problem‑solving skills as well as research skills
• You are keen to explore new research in algorithmic trading and assess its applicability to business problems
• You bring computer programming experience such as use of Python and/or C++ in a substantial project in an academic/commercial environment
• You’re enthusiastic about knowledge sharing and collaboration
• Your excellent communication skills, both verbal and written, can engage and influence partners and stakeholders

Preferred Qualifications, Skills and Capabilities

• Prior experience in q/kdb programming
• Orientation towards careful system and solution design and implementation
• Robust testing and verification practices
• Familiarity with LLM‑based productivity tools and features

Equal Opportunity Statement

JPMorgan Chase is an equal‑opportunity employer and places 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.

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.