VP, Energy Quant Trading & Research — Production Models

JPMorgan Chase & Co.; City of Rochester (NY); On-site; USD 250,000 - 380,000; Full time

Job summary

JPMorgan Chase & Co. in the United States is seeking a Vice President for the Energy Quantitative Research & Trading team in Houston to be a senior quantitative partner to the North American Power and Gas trading desks.

You will own the modelling agenda for the fast-growing physical franchise, pricing structures, generation, storage and transport optionality, and building production-grade tools. Models are owned end to end from research to production, with opportunities to contribute to

Qualifications

• Advanced degree (master's or PhD) in a quantitative field, or equivalent experience.
• 3y+ hands-on experience as a quant supporting physical Power and/or Natural Gas trading, including the physical products traded and fundamentals that drive them.

Responsibilities

• Own pricing and risk models for physical and financial Power and Gas products end to end, from research and design through production implementation, governance, and documentation.
• Model the drivers of physical value: generation and load fundamentals, transport and transmission constraints, storage and flexibility, locational basis, and shape.
• Partner with trading and sales to create new commercial opportunities and support the desk as it enters new physical markets.
• Build the tools the front office runs on: pricing workflows, calibration utilities, and back testing frameworks.
• Contribute to the team's systematic trading research, including signal development and back testing.
• Lead projects and priorities, and support front office and control functions on the models and tools the team builds.

Skills

Quantitative modelling

Python programming

Stochastic calculus

Backtesting

Trader collaboration

Education

Master's degree or PhD in a quantitative field

Job description

JPMorgan Chase & Co. in the United States is seeking a Vice President for the Energy Quantitative Research & Trading team in Houston to be a senior quantitative partner to the North American Power and Gas trading desks.

You will own the modelling agenda for the fast-growing physical franchise, pricing structures, generation, storage and transport optionality, and building production-grade tools. Models are owned end to end from research to production, with opportunities to contribute to