IB – Quantitative Research – Long-Dated FX / Rates Hybrids Derivatives – Analyst – London recruitment
Title: IB - Quantitative Research - Long-Dated FX / Rates Hybrids Derivatives - Analyst - London
Job Summary:
We are seeking a person who can make an immediate contribution while learning our Long-Dated FX and Rates Hybrids Derivatives business and the models we use. Some work experience is desirable, but we will also consider candidates with little or no relevant experience, if academic credentials are outstanding. We expect the person to share in a balanced mixture of responsibilities, including model research and development, pricing and risk investigation, discussions with the trading desk, and software development.
Core Responsibilities:Develop models and implement them in software for pricing and risk managing derivativesDevelop pricing and calibration toolsBenchmark and compare results of various techniquesImplement products using pricing engines and modelsExplain model behavior and predictions to traders, identify major sources of risk in portfolios, carry out scenario analyses, provide guidance / debug analyticsRapid prototyping of models and products
Qualifications
Essential skills, experience and qualifications:Excellence in probability theory, stochastic processes, partial differential equations and numerical analysisVery strong analytical and problem solving abilitiesC/C coding with emphasis on numerical methodsGood communication skills.PhD or equivalent degree in Mathematics, Mathematical
Finance, Physics or EngineeringDesirable skills/experience: Python
LocationLondon based IB roles will be moving to Canary Wharf over the course of 2012.
Further details will be provided to the successful candidate at the point of hire.
About JPMorgan Chase Co.J.P.
Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P.
Morgan is part of
JPMorgan Chase Co. (NYSE: JPM), a leading global financial services firm with assets of $2.2 trillion.
The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P.
Morgan and Chase, and WaMu brands.
J.P.
Morgan offers an exceptional benefits program and a highly competitive compensation package.J.P.
Morgan is an Equal Opportunity Employer.