Quantitative Research - Rates - Associate

The JP Morgan Quantitative Research team is focused on Interest Rates.

Our team has a shared balanced mixture of responsibilities, including model research and development, pricing and risk investigation, time series analysis, relative value/product-specific analysis, software development and discussions with the trading desk.

Job Summary

As an Analyst in the Quantitative Research team, you focus on delivering best-in-class models and systems to support pricing and risk management of Interest Rate Derivatives.

You will have a chance to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions, working closely with trading desks to give market exposure.

Job Responsibilities


* Conduct Model research


* Develop Software


* Pricing and risk analysis


* Conduct Model documentation

Required Qualifications, Capabilities, and Skills


* Strong software development skills in Python or C++


* Strong analytical and problem-solving abilities


* Familiarity with probability theory, stochastic processes, numerical analysis, and statistics


* Good communication skills, both oral and written


* Demonstrable ability to explain complicated technical concepts to a non-technical audience


* Ability to thrive in a fast-paced environment of real-time market pressures, remaining focused on client needs

Preferred Qualifications, Capabilities, and Skills


* Relevant academic research publications are a plus


* Knowledge of Rates products: Swap, Inflation, Loans, Repos, Bonds, Structured and Exotic deals


* Knowledge of machine learning/statistical techniques

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 tale...