CIB QR- Quantitative Research
Commodities Quantitative Analyst
Req #: 180040489
Location: New York, NY,US
Job Category: Quantitative Research
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking; financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. www.jpmorganchase.com.
This is a quantitative analyst position within the Commodities Quantitative Research team, with responsibilities including developing and maintaining models for valuation, risk, profit/loss calculations, as well as quoting and market making algorithms and analysis tools.
Develop models and implement them in software for pricing and risk managing derivatives
Develop pricing and calibration tools
Benchmark and compare results of various techniques
Implement products using pricing engines and models
Explain model behavior and predictions to traders, identify major sources of risk in portfolios, carry out scenario analyses, provide guidance / debug analytics
Rapid prototyping of models and products
Relevant quantitative modelling and/or derivatives trading desk support experience, preferably in Commodities
Deep understanding of options pricing theory (i.e. quantitative models for pricing and hedging derivatives)
Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis
Strong analytical, modeling and problem solving abilities
Exposure to Athena, Python and C++
Object oriented programming skills with emphasis on numerical methods
Good communication skills
PhD, Masters or equivalent degree in a technical field from a top-tier school/program: Mathematics, Mathematical Finance, Sciences, Engineering, Computer Science
Jpmorgan Chase & Co.