JPMorganChase
Quantitative Research - Global Clearing - Vice President
JPMorganChase, New York, New York, us, 10261
JOB DESCRIPTIONQR Global Clearing team is within Equity Quantitative Research and part of the global Quantitative Research Group. Our team's mission is to provide quantitative expertise and contribute to delivering a wide product offering to our clients. We develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to help the Clearing business. We leverage JP Morgan Athena quant platform to provide pre/post trade and risk management capabilities for FnO/OTC derivatives across all asset classes. We also develop our own analytics and mathematical models that add value to the business and/or help promote advanced electronic solutions to our clients worldwide. We work closely with our Technology and business partners to deliver our solutions in production.
Job Summary:
As a Global Clearing Vice President within Equity Quantitative Research Group, you will be contributing to the FnO and OTC derivatives risk and margin agenda for QR Global Clearing. Additionally, you’ll contribute to the strategic agenda to transform our investment bank into a data-led business and encourage change using state-of-the-art machine learning techniques.
Job Responsibilities:
Lead a team and drive Global Clearing risk and margin agenda and build analytics for portfolio risk management.
Drive projects end-to-end, from brainstorming and prototyping to production delivery. Partner with other Quant, Technology and Prod Dev to deliver QR analytics to the business.
Develop/improve mathematical models for pricing, risk and margin measurement for multi-asset FnO / OTC derivatives. Support intraday and EOD pricing, risk/margin and PnL calculation.
Support the desk by explaining model behavior, identifying major sources of risk in portfolios, carrying out scenario analyses, developing and delivering quantitative tools.
Develop and deliver ML/AI models and end-to-end solutions.
Contribute to EOD or intraday hedging activities and algo design.
Required qualifications, capabilities, and skills:
Advanced degree (PhD, MSc or equivalent) in Mathematics, Physics or Computer Science.
You have experience or can demonstrate relevant skills of leading a Quant team to make significant impact.
You have knowledge of the FnO/OTC derivatives products and good understanding of risk/PnL and Margin methodology, Market Risk and time-series analysis, and demonstrate quantitative and problem-solving skills.
You have strong coding skills (Primarily Python or C++), proficiency in code design and can navigate large libraries and quickly debug complex logics.
You have a previous experience in a trading desk support position as a quant.
You have excellent communication skills, both verbal and written, can engage and influence partners and business/non-Tech stakeholders and are enthusiastic about knowledge sharing and collaboration.
You are detail-oriented and can work on adhoc requests and can sometimes work under pressure.
Preferred qualifications, capabilities, and skills:
Knowledge of curve building, volatility surface calibrations, etc.
Knowledge of VaR and Stress.
Knowledge of ML algorithms and experience in delivering AI models / end-to-end solutions.
Knowledge of Optimization and hedging algorithms.
ABOUT US
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
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Job Summary:
As a Global Clearing Vice President within Equity Quantitative Research Group, you will be contributing to the FnO and OTC derivatives risk and margin agenda for QR Global Clearing. Additionally, you’ll contribute to the strategic agenda to transform our investment bank into a data-led business and encourage change using state-of-the-art machine learning techniques.
Job Responsibilities:
Lead a team and drive Global Clearing risk and margin agenda and build analytics for portfolio risk management.
Drive projects end-to-end, from brainstorming and prototyping to production delivery. Partner with other Quant, Technology and Prod Dev to deliver QR analytics to the business.
Develop/improve mathematical models for pricing, risk and margin measurement for multi-asset FnO / OTC derivatives. Support intraday and EOD pricing, risk/margin and PnL calculation.
Support the desk by explaining model behavior, identifying major sources of risk in portfolios, carrying out scenario analyses, developing and delivering quantitative tools.
Develop and deliver ML/AI models and end-to-end solutions.
Contribute to EOD or intraday hedging activities and algo design.
Required qualifications, capabilities, and skills:
Advanced degree (PhD, MSc or equivalent) in Mathematics, Physics or Computer Science.
You have experience or can demonstrate relevant skills of leading a Quant team to make significant impact.
You have knowledge of the FnO/OTC derivatives products and good understanding of risk/PnL and Margin methodology, Market Risk and time-series analysis, and demonstrate quantitative and problem-solving skills.
You have strong coding skills (Primarily Python or C++), proficiency in code design and can navigate large libraries and quickly debug complex logics.
You have a previous experience in a trading desk support position as a quant.
You have excellent communication skills, both verbal and written, can engage and influence partners and business/non-Tech stakeholders and are enthusiastic about knowledge sharing and collaboration.
You are detail-oriented and can work on adhoc requests and can sometimes work under pressure.
Preferred qualifications, capabilities, and skills:
Knowledge of curve building, volatility surface calibrations, etc.
Knowledge of VaR and Stress.
Knowledge of ML algorithms and experience in delivering AI models / end-to-end solutions.
Knowledge of Optimization and hedging algorithms.
ABOUT US
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
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