Executive Director — Energy Quant Trading & Research

JPMorgan Chase & Co.; City of Rochester (NY); On-site; USD 250,000 - 350,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks a senior quantitative leader to own end-to-end pricing and risk models for physical Power and Natural Gas trading, building scalable tools and contributing to systematic research.

You will partner with trading desks to capture optionality and growth opportunities across generation, storage, and transport, taking models from research to production. The role emphasizes advanced quantitative modeling, production-grade software, and close collaboration with

Qualifications

• Advanced degree (master's or PhD) in a quantitative field or equivalent experience.
• 5y+ hands-on experience as a quant supporting physical Power and/or Natural Gas trading in a front office or equivalent.
• Experience building valuation models for physical assets and optionality: generation, storage, or transport capacity.
• Working knowledge of power markets, gas transport and storage, and locational basis.
• Strong mathematics behind valuation models (stochastic calculus, probability, optimization, Monte Carlo) and production-grade programming (preferably Python).
• Commercially minded with a track record of delivering models into production use by a trading desk.

Responsibilities

• Own pricing and risk models for physical and financial Power and Gas products end to end, from research through production implementation and governance.
• Model drivers of physical value: generation/load fundamentals, transport constraints, storage and flexibility, locational basis, and shape.
• Partner with trading and sales to create new commercial opportunities in physical markets.
• Build the office-facing tools: pricing workflows, calibration utilities, backtesting frameworks.
• Contribute to systematic trading research, including signal development and backtesting.
• Lead projects and priorities and support front office and control functions on models and tools.

Skills

Quant modeling

Python

Stochastic calculus

Education

Advanced degree

Tools

Backtesting

Job description

JPMorgan Chase & Co. in New York seeks a senior quantitative leader to own end-to-end pricing and risk models for physical Power and Natural Gas trading, building scalable tools and contributing to systematic research.

You will partner with trading desks to capture optionality and growth opportunities across generation, storage, and transport, taking models from research to production. The role emphasizes advanced quantitative modeling, production-grade software, and close collaboration with