Quantitative Research Analyst

As a Quantitative Research Analyst - Associate supporting the Rates Fixed Income Financing desk, you will be immersed in a dynamic working environment, supporting trading activity, pricing, risk-management on a diverse portfolio of complex and hybrid fixed income financing products.

In additional to model development and implementation, we expect you to share in a balanced mixture of responsibilities, including support for and discussion with traders, model testing and documentation, model deployment, pricing and risk investigation, product-specific analysis, software and trading tool development.

Job Responsibilities


* Develop Data Analytics, Artificial Intelligence and Machine Learning models, approaches and techniques for fixed income finance trading.


* Deliver analytics for historical back-testing and conducat research on market behaviors through statistical analysis.


* Provide on-site support to traders, control functions and other relevant teams: explain model behaviors and Profit and Loss (pnl)-prediction at request; conduct quick diagnosis on any reported model issue; identify major sources of risks in portfolio; carry out scenario analysis; facilitate new business/product structures, etc.


* Implement and maintain C++/Python analytics library; write well-formulated documents on testing and validation of models for internal and regulatory reviews/approval.


* Develop and maintain arbitrage-free financial models based on stochastic processes for pricing and risk management of interest rate derivatives.

Required Qualifications, Capabilities and Skills


* Advanced degree (PhD, Master or equivalent) in Mathematics, Math Finance, Physics, Engineering or other quantitative fields.


* Good understanding on advanced mathematical topics, e.g.

statistics, linear algebra, numerical analysis, probability theory, stochastic calculus, partial differential equations etc.


* Strong engineering/scientific programming skills in C++/Python.


* Strong analytical and problem solving abilities.


* Strong communication skills, both oral and written.

Preferred Qualifications, Capabilities and Skills


* Knowledge or experience on interest rate modelling is a plus but not strictly required.

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 forfei...