Quantitative Researcher [Multiple Positions Available]

JPMorganChase; New York (NY); On-site; USD 300,000 - 350,000; Full time

Job summary

JPMorganChase in New York seeks a senior quantitative developer to build proprietary models and run electronic trading for the agency desk. You will generate signals, perform hedge analysis, and support decision-making with real-time pricing and risk insights.

The role requires extensive experience in Python, C#, C++, Excel VBA, and Bloomberg/YieldBook integrations, with leadership of a distributed team and a strong SDLC background.

Qualifications

• Bachelor's degree in IS/SE/CS or related field plus 10 years of experience in quant research or software roles.
• Experience with Python real-time analytics for trading.
• Proficiency in C#, C++, and Excel VBA for financial applications.

Responsibilities

• Develop proprietary financial models to deliver analytics and competitive market insights.

Skills

Python

C#

C++

Excel VBA

Real-time pricing

Low latency

Bloomberg API

YieldBook API

Intex Deal Maker

SDLC

Education

Bachelor's degree in Information Systems, Software Engineering, Computer Science or related field

Tools

Cvs

Github

Job description

JOB DESCRIPTION

Duties: Develop proprietary financial models to deliver accurate analytics and provide the business with a competitive advantage in the market. Execute electronic trading for JPMC's agency desk, generating trade signals and investment suggestions to enhance profit margins. Provide hedge analysis to optimize risk management strategies. Provide timely, on-demand transaction analysis to support business decision-making processes. Perform institutional-level relative value analysis between bonds, to identify and evaluate investment opportunities. Design and implement tools to improve operational efficiency and workflow processes for the trading desk. Develop and enhance in-house systematic trading systems aimed at improving the overall client experience. Lead a globally distributed team in delivering comprehensive financial analysis and trading tools, promoting cross-functional collaboration and innovation.

Description

JOB DESCRIPTION

Duties: Develop proprietary financial models to deliver accurate analytics and provide the business with a competitive advantage in the market. Execute electronic trading for JPMC's agency desk, generating trade signals and investment suggestions to enhance profit margins. Provide hedge analysis to optimize risk management strategies. Provide timely, on-demand transaction analysis to support business decision-making processes. Perform institutional-level relative value analysis between bonds, to identify and evaluate investment opportunities. Design and implement tools to improve operational efficiency and workflow processes for the trading desk. Develop and enhance in-house systematic trading systems aimed at improving the overall client experience. Lead a globally distributed team in delivering comprehensive financial analysis and trading tools, promoting cross-functional collaboration and innovation.

Qualifications

Minimum education and experience required: Bachelor's degree in Information Systems, Software Engineering, Computer Science or related field of study plus 10 years of experience in the job offered or as Quantitative Researcher, Software Engineer, Application Developer, Project Engineer, or related occupation.

Skills Required: This position requires ten (10) years of experience with the following: writing python program to produce real time price for Agency Mortgage Backed Securities that can be used by Traders directly; producing appropriate price, yield, accrual interest, duration, convexity and relevant analytics, matching the standards used by major financial companies, with numerical results tied to those found in Bloomberg; writing C# program for institutional level financial application with interactive screen and asynchronous calculation messages; developing systems in enterprise level Software Development Life Cycle process, with centralized source control repository including cvs, and github, and robust cross team commit, review and regression processes; writing Excel VBA to model complex Agency Mortgage Backed Securities bond calculation function that could be integrated into trader's Excel tools. This position requires nine (9) years of experience with the following: utilizing Intex Deal Maker (Mortgage Industry standard tool) to model deal payment structures representing contract negotiated between buyer and seller; producing cashflow and analysis conforming to pricing convention and settlement mechanism in Agency To Be Announced (TBA) market, producing TBA roll analysis for Freddie Mac, Fannie Mae, Gennie Mae mortgages; writing C++ program for high performance analytical engine, with low latency on network messages for real time pricing; writing cashflow engine for Agency Mortgage Pools as well as for Agency Collateralized Mortgage Obligation Interest Only Bonds, Principal Only Bonds, Targeted Amortization Class, Planned Amortization Classes. This position requires three (3) years of experience with the following: writing python program to connect to London Stock Exchange's YieldBook API (Agency Mortgage-Backed securities industry standard) for generating market prepayment and duration analysis; writing python program to connect to Bloomberg API generating market agreed price, yields, duration and convexity for Agency Mortgage- Backed securities.

Job Location: 270 Park Ave, New York, NY 10017.

Full-Time. Salary: $300,000.00-$350,000.00 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.