E-Markets [Multiple Positions Available]

JPMorganChase; New York (NY); On-site; USD 245,000 - 285,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Tuition reimbursement

Retirement savings plan

Job summary

A leading financial institution in New York is seeking a candidate to develop automated pricing strategies and enhance risk management processes for Credit ETFs. The role involves conducting quantitative research, developing trading strategies, and building automated trading capabilities. Candidates should hold a Master’s degree with relevant experience or a Bachelor's degree with additional experience. This position offers a competitive salary range of $245,000 to $285,000 annually.

Qualifications

• Master’s degree plus 2 years experience or Bachelor's degree plus 5 years in relevant fields.
• Experience in developing trading solutions for financial markets.
• Skills in machine learning methods for financial analysis.

Responsibilities

• Design automated pricing strategies for FICC ETFs.
• Conduct quantitative research for trading strategy improvements.
• Build automated trading capabilities across asset classes.

Skills

Programming using object-oriented languages (Python, C++, Java)

Statistical analysis on financial instruments

Designing and implementing systematic trading strategies

Working with financial market microstructures

Education

Master’s degree in related field

Bachelor’s degree in related field

Job description

E-Markets [Multiple Positions Available]

This range is provided by JPMorganChase. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$245,000.00/yr - $285,000.00/yr

Job Description

Design and develop automated pricing strategies for FICC ETFs, focusing on globally traded Credit ETFs. Enhance automated risk management processes to mitigate inventory risk and optimize holdings in response to macro events and market volatility. Conduct quantitative research and ongoing model development to improve trading strategies. Perform PNL attribution analysis and provide clear explanations for financial results. Monitor balance sheet risk and develop models to generate sustainable profits for Credit e Trading desks. Build automated trading capabilities for multiple asset classes using proprietary libraries across various venue protocols including RFQ and Exchange Hedging. Develop UI tools for time‑series analysis, visualization of large tick datasets for Credit ETFs and Corporate Bonds across trading desks, and for monitoring market trends. Continuously review trading performance and make data‑driven decisions.

Qualifications

Minimum education and experience required: Master’s degree in Finance, Computer Science, Math, Physics, Engineering, or related field of study plus 2 years of experience in the job offered or as E-Markets, Senior Associate, Equities, Systematic Trading & Analytic Platform, Quantitative Researcher, or related occupation. Alternatively, Bachelor’s degree in Finance, Computer Science, Math, Physics, Engineering, or related field of study plus 5 years of experience in the job offered or as E-Markets, Senior Associate, Equities, Systematic Trading & Analytic Platform, Quantitative Researcher, or related occupation.

Skills Required: experience with Programming using object-oriented languages such as Python, C++, or Java to develop trading solutions for financial markets; performing statistical analysis on financial instruments using machine learning methods such as logistic regression, multivariate regression, classification techniques, ensemble learning model, or predictive modeling; designing and implementing systematic trading strategies such as pricing, risk management, or execution, including the use of back‑testing techniques on large tick datasets to review trading performance; working with financial market microstructures including trading protocols such as RFQ or Central Limit Order Books, for different asset classes such as Corporate Bonds or Credit ETFs.

Job Location

270 Park Avenue, New York, NY 10017.

Full-Time

Salary: $245,000 - $285,000 per year.

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on‑site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans.

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.

Seniority level

Not Applicable

Employment type

Full-time

Job function

Sales and Business Development