VP, Quantitative Trading & Research, Equity Derivatives

JPMorgan Chase & Co.; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

JPMorgan Chase & Co. is seeking a junior to mid-level quantitative researcher for the Quantitative Trading & Research Team (QTR) in Equity Derivatives. The role focuses on analytics, optimization, and modeling across volatility trading, including surface calibration and client analytics.

You will leverage data and advanced quantitative techniques, including machine learning, to build end-to-end solutions that support the business and trading desks in a fast-paced environment.

Qualifications

• Advanced degree in a quantitative field from a top-tier university.
• 1–3 years of experience in equity modeling or 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 and C++, and relevant numerical computing packages.
• Experience with quantitative research, data analysis, and machine learning.
• Strong communication skills to engage with trading and deliver production-ready solutions.

Responsibilities

• Partner with the Equity Derivatives Flow trading desk to build analytics and develop pricing and risk models for flow products.
• Lead research and implementation of volatility trading analytics, focusing on surface calibration and modeling.
• Design and deliver client analytics tools including pre-trade and post-trade analysis and hedging optimization frameworks.
• Shape a data-driven ecosystem for trading and risk management.
• Own full project lifecycle from ideation to production deployment, supporting daily operations and monitoring performance.
• Collaborate closely with traders to translate research into actionable insights.

Skills

Quantitative research

Machine learning

Data analysis

Communication

Stochastic calculus

Probability theory

Numerical methods

Equity derivatives knowledge

Education

Master's or Ph.D. in a quantitative discipline

Tools

Python

C++

Job description

JPMorgan Chase & Co. is seeking a junior to mid-level quantitative researcher for the Quantitative Trading & Research Team (QTR) in Equity Derivatives. The role focuses on analytics, optimization, and modeling across volatility trading, including surface calibration and client analytics.

You will leverage data and advanced quantitative techniques, including machine learning, to build end-to-end solutions that support the business and trading desks in a fast-paced environment.