Quantitative Trading & Research - Commodities - Metals - Associate

Job Description

Job description:

The Commodities Quantitative Research team's mission is to develop and maintain mathematical models, methodologies and infrastructure to value and hedge financial transactions ranging from vanilla flow products to complex derivative deals, and to provide analytical support to the trading desks and other stakeholders. This role will focus on Base and Precious Metals derivatives.

Job summary: 

As an Associate within Quantitative Research, Commodities team, you will be supporting the global Metals business. To be successful, your skillset should feature an extensive knowledge of quantitative methods, including valuation of derivatives and risk modelling, as well as expertise in a variety of programming languages (e.g., Python, C++). This is a front office role, and excellent communication skills are essential.

Job responsibilities:

• Develop pricing models and risk management strategies for the Metals business
• Implementing these models in our quant library and trading/risk platforms, carrying out testing and writing documentation
• Provide support to internal clients with the existing library of models and structures through troubleshooting and fixing model-related issues
• Develop and enhance the risk management platform used by traders to hedge trades and aggregate positions
• Work closely with the trading and sales teams to solve problems and identify opportunities

 

Required qualifications, capabilities, and skills:

• Advanced graduate degree (MS or PhD) in a quantitative field (Mathematics, Physics, Statistics, Engineering, Quantitative Finance, Computer Science, ...) with a strong foundation in and experience with advanced math models and their efficient implementation
• Experience in derivatives pricing models and hedging techniques. Experience in commodities or metals space is not a requirement.
• Strong programming skills (Python, C++).
• Business driven, excellent communication. Strong attention to detail.

 

Preferred qualifications, capabilities, and skills:

• Experience with commodities or FX markets

About Us

JPMorganChase, 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. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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. Visit our  FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.