Quantitative Trading & Research - FX Quantitative Trading - Associate

JPMorganChase; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

JPMorganChase in New York invites Analysts or Associates to join the Quantitative Trading & Research FX Quantitative Trading team on the trading floor. This role focuses on designing trading and execution strategies, researching micro-patterns, and building tools to support profitability.

You will collaborate with technology to develop low-latency infrastructure, use internal data for pricing quality, and work across multiple currency pairs to drive improvements.

Qualifications

• Strong background in quantitative and statistical analysis.
• Proficiency in programming with Java/C++ and Python.
• Excellent verbal and written communication across teams.

Responsibilities

• Build pricing, skewing, and hedging logic and related research tooling.
• Collaborate with technology to develop low-latency infrastructure.
• Analyze data to improve pricing quality and risk management.
• Work with market tick data at scale and backtest pipelines.
• Perform portfolio performance analysis to drive improvements.
• Adhere to firm risk management policies and regulatory rules.

Skills

Python

Object-oriented programming

Communications skills

Strategic thinking

Education

Bachelor's degree in Engineering, Mathematics, Physics, or Computer Science

Tools

Java

C++

Job description

As a Analyst or Associate within Quantitative Trading & Research (QTR) FX Quantitative Trading team, you will work as part of the QTR front-office team on the trading floor in New York. Given the dynamic nature of the environment, this role is tailored for an individual who is responsible, independent and able to work in smooth coordination with the larger team to determine the desk's profitability. You will get a chance to cover a wide range of responsibilities, these include designing trading and execution strategies; researching micro-patterns and trends; building, maintaining and upgrading applications & tools.

Job Description

As a Analyst or Associate within Quantitative Trading & Research (QTR) FX Quantitative Trading team, you will work as part of the QTR front-office team on the trading floor in New York. Given the dynamic nature of the environment, this role is tailored for an individual who is responsible, independent and able to work in smooth coordination with the larger team to determine the desk's profitability. You will get a chance to cover a wide range of responsibilities, these include designing trading and execution strategies; researching micro-patterns and trends; building, maintaining and upgrading applications & tools.

Job Responsibilities

• Build and maintain pricing, skewing, and hedging logic as well as the research tooling that calibrates it.
• Work closely with technology to develop cutting edge low latency infrastructure that meets business needs in a scalable manner.
• Intelligently utilize internal and non-public sources of data to improve pricing quality and risk management.
• Work with market tick data at scale - querying and managing historical data, building backtest pipelines, and parallelizing batch jobs for reporting across many currency pairs.
• Perform statistical analysis of portfolio performance to drive iterative improvements.
• Understands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies

Required Qualifications, Capabilities, And Skills

• Degree in Engineering, Mathematics, Physics, or Computer Science
• Strong background in quantitative and statistical analysis (probability, regression modeling, time-series analysis, estimation and calibration)
• Apply sound engineering judgment in programming, with a primary focus on object-oriented programming languages (Java/C++ etc.) and Python.
• Exhibit excellent verbal and written communication skills, as this position involves frequent interaction with different teams in the firm and many non-technical users.
• Think strategically and creatively when faced with problems and opportunities. Eagerly look for new ways of doing things and understand the benefits of leveraging the firm's scale.

Preferred Qualifications, Capabilities, And Skills

• Experience with kdb+/q and working with large data.
• Prior experience in FX, rates, or commodities electronic trading.
• Familiarity with low-latency/real-time systems and market microstructure.
• Experience of working with electronic trading venues.

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.