IB – Interest Rate Options and Exotic Derivatives Trading Desk Quant – Associate – New York recruitment
J.P. Morgan is a leader in financial services, offering innovative and intelligent solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years and we keep their interests foremost in our minds at all times. This combination of product strength, intellectual capital and character sets us apart as an industry leader. J.P. Morgan is part of J.P. Morgan Chase Co. (NYSE: JPM), a global financial services firm with assets of $2.0 trillion.
A position in Quantitative Research in support of the New York Interest Rate Options and Exotic Derivatives trading desk.The mixture of responsibilities includes model research and development, pricing and risk investigation, discussions with the trading desk, and software development.
Core Responsibilities:'
Develop models and implement them in C 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
Qualifications
Essential skills, experience, and qualifications
'
Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis'
Experienced in C '
Very strong analytical and problem solving abilities'
Good communication skills.'
PhD or equivalent degree from top tier schools/programs in Math, Math Finance, Physics, or Engineering
JPMorgan Chase offers an exceptional benefits program and a highly competitive compensation package.JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.