Energy Quantitative Trading & Research Executive Director

J.P. Morgan; New York (NY); On-site; USD 250,000 - 420,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks an Executive Director to lead our Energy Quantitative Trading & Research efforts, partnering with North American Power and Gas desks to grow the physical business.

You will own the modelling agenda for a fast-growing franchise: price physical structures, capture optionality in generation, storage and transport, and deliver end-to-end production-ready tools for traders.

Qualifications

• Advanced degree in a quantitative field or equivalent experience.
• 5+ years of hands-on quant experience in physical Power and/or Natural Gas trading.
• Experience building valuation models for physical assets and optionality.

Responsibilities

• Own pricing and risk models for physical and financial Power and Gas products end to end, from research and design through production implementation, governance, and documentation.
• Model the drivers of physical value: generation and load fundamentals, transport and transmission constraints, storage and flexibility, locational basis, and shape.
• Partner with trading and sales to create new commercial opportunities and support the desk as it enters new physical markets.
• Build the tools the front office runs on: pricing workflows, calibration utilities, and back testing frameworks.
• Contribute to the team's systematic trading research, including signal development and back testing.
• Lead projects and priorities, and support front office and control functions on the models and tools the team builds.

Skills

Python programming

Stochastic calculus

Optimization

Monte Carlo methods

Communication with traders

Production deployment

Education

Master's or PhD in a quantitative field

Tools

Python

Risk modeling frameworks

Job description

JPMorgan Chase & Co. in New York seeks an Executive Director to lead our Energy Quantitative Trading & Research efforts, partnering with North American Power and Gas desks to grow the physical business.

You will own the modelling agenda for a fast-growing franchise: price physical structures, capture optionality in generation, storage and transport, and deliver end-to-end production-ready tools for traders.