Quantitative Research – Energy Quantitative Analyst – Associate
Energy Quantitative Research position for Global Commodities - Associate - Based in London
Job Summary:
This is a model and systems development position aligned with the Energy businesses within JPMorgan Global Commodities. The candidate will develop models, implement products, and support the trading desk with model, risk management and applications support in the areas ranging from physical power to oil derivatives.
Core Responsibilities:
- Develop models and implement them in Python and C software for pricing and risk managing commodity derivatives
- Develop pricing and calibration tools
- Implement new 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 and debug analytics
- Rapid prototyping of models and products
Qualifications:
Essential:
- Relevant experience in quantitative modelling and/or derivatives trading desk support in energy. Exceptional candidates with experience in other Commodity asset classes or FX will also be considered.
- Deep understanding of options pricing theory (i.e. quantitative models for pricing and hedging derivatives), with knowledge of futures-based derivatives
- Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis
- Very strong analytical and problem solving abilities
- Python and/or C coding with emphasis on numerical methods
- Good communication skills.
- PhD, degree from top tier schools or equivalent
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.
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