Senior Quantitative Researcher - Derivatives & Risk Modeling

JPMorgan Chase & Co.; New York (NY); On-site; USD 200,000 - 285,000; Full time

Job summary

JPMorgan Chase & Co. in New York is seeking a Quantitative Researcher to lead end-to-end research, development, and enhancement of derivative pricing and cross-asset diffusion models focused on commodities and FX.

You will test models, prepare documentation, and support trading desks with analytics for P&L attribution, risk decomposition, and hedging evaluation. You will collaborate with front office on structuring new transactions, validating counterparty credit risk metrics, and ensuring pre-

Qualifications

• Master's degree in Financial Engineering, Mathematical Finance, Statistics, or related field required.
• Three years of relevant experience in quantitative research or analytics.
• Strong knowledge of derivative pricing, risk, and trading analytics.

Responsibilities

• Develop end-to-end derivative pricing and cross-asset diffusion models.
• Conduct model testing and documentation for governance and reviews.
• Provide quantitative support for P&L attribution, risk decomposition, and hedging evaluation.
• Collaborate with front office on structuring and onboarding new transactions and asset types.
• Interface with credit risk management for pre-trade approval and post-trade exposure monitoring.

Skills

No-arbitrage pricing theory

Stochastic calculus

Probability theory

Measure theory

Calibration of multi-factor models

High-performance computing

Counterparty credit risk metrics

Econometric methods

Machine learning for analytics

Education

Master's degree in Financial Engineering/related field

Tools

C++

Job description

JPMorgan Chase & Co. in New York is seeking a Quantitative Researcher to lead end-to-end research, development, and enhancement of derivative pricing and cross-asset diffusion models focused on commodities and FX.

You will test models, prepare documentation, and support trading desks with analytics for P&L attribution, risk decomposition, and hedging evaluation. You will collaborate with front office on structuring new transactions, validating counterparty credit risk metrics, and ensuring pre-