Quantitative Derivatives Research & ML Associate

J.P. Morgan; New York (NY); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Competitive pay

Health benefits

Diversity & inclusion

Career development

Job summary

JPMorgan Chase & Co. in New York seeks an Analyst/Associate Quantitative Researcher within the Quantitative Trading & Research (QTR) Prime Finance Service team to advance pricing, risk and margin analytics for FnO/OTC derivatives and drive data-led improvements across the bank.

You will build and refine mathematical models, apply ML techniques, collaborate with technology teams, and contribute to end-to-end solutions while communicating complex results to partners.

Qualifications

• Advanced degree (PhD, MSc or equivalent) in Mathematics, Physics or Computer Science.
• Knowledge of FnO/OTC derivatives products and risk/PnL understanding.
• Strong coding skills (Python or C++), ability to navigate large libraries and debug.
• Experience in a trading desk support role as quant or developer.
• Excellent verbal and written communication; able to engage stakeholders.
• Detail-oriented with ability to handle adhoc requests and work under pressure.

Responsibilities

• Develop/improve mathematical models for pricing and risk/margin for multi-asset FnO/OTC derivatives; support intraday and EOD pricing, risk/margin and PnL.
• Provide portfolio risk management solutions and explain model behavior.
• Develop and deliver analytics to transform the business; partner with Technology and Prod Dev.
• Drive projects end-to-end from brainstorming to production delivery.
• Develop and deliver ML/AI models and end-to-end solutions.
• Contribute to EOD or intraday hedging activities and algo design.

Skills

Python

C++

Quant modeling

Communication

Problem solving

Education

PhD or MSc in Mathematics/Physics/CS

Tools

ML frameworks

Pandas

NumPy

Job description

JPMorgan Chase & Co. in New York seeks an Analyst/Associate Quantitative Researcher within the Quantitative Trading & Research (QTR) Prime Finance Service team to advance pricing, risk and margin analytics for FnO/OTC derivatives and drive data-led improvements across the bank.

You will build and refine mathematical models, apply ML techniques, collaborate with technology teams, and contribute to end-to-end solutions while communicating complex results to partners.