VP, Quantitative Research — Equity Derivatives Flow

J.P. Morgan; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

J.P. Morgan's Quantitative Trading & Research Team (QTR) Equity Derivatives group seeks a junior to mid-level quantitative researcher focusing on flow products.

The role centers on analytics, optimization, and modeling across volatility trading, including volatility surface calibration and pre-trade/post-trade analysis. As a VP, you will leverage data and advanced quantitative techniques, including machine learning, to build end-to-end solutions supporting trading and risk management.

Qualifications

• Advanced degree (Master's or Ph.D.) in a quantitative discipline from a top-tier university.
• 1–3 years of experience in equity modeling, with a preference for equity derivatives.
• Strong foundation in stochastic calculus, probability theory, and numerical methods.
• Deep knowledge of option theory and equity derivatives products and markets.
• Proficiency in Python, C++, and relevant numerical computing packages.
• Demonstrated experience with quantitative research techniques, data analysis, and machine learning.
• Strong communication skills with the ability to engage effectively with trading and deliver production-ready solutions.

Responsibilities

• Partner with the Equity Derivatives Flow trading desk to build analytics and develop, enhance, and maintain pricing and risk models for flow products.
• Lead research and implementation of volatility trading analytics, with a focus on volatility surface calibration and modeling.
• Design and deliver client analytics tools, including pre-trade and post-trade analysis and hedging optimization frameworks.
• Take an active role in shaping a data-driven ecosystem for trading and risk management.
• Own the full project lifecycle — from ideation and prototyping to production deployment — developing analytics to manage client flow and risk inventory, supporting daily operations, and monitoring performance.
• Work closely with traders to translate quantitative research into clear, actionable insights and solutions.

Skills

Python

C++

Machine learning

Quantitative research

Stochastic calculus

Option theory

Education

Master's or PhD in quantitative discipline

Tools

Numerical computing packages

Job description

J.P. Morgan's Quantitative Trading & Research Team (QTR) Equity Derivatives group seeks a junior to mid-level quantitative researcher focusing on flow products.

The role centers on analytics, optimization, and modeling across volatility trading, including volatility surface calibration and pre-trade/post-trade analysis. As a VP, you will leverage data and advanced quantitative techniques, including machine learning, to build end-to-end solutions supporting trading and risk management.