Quantitative Research Markets Capital

Job Description

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Quantitative Research professional, you will be working on in building financial engineering, data analytics, statistical modeling and portfolio management. 

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area?

As a Quantitative Research professional, you will be working on  in building financial engineering, data analytics, statistical modeling and portfolio management and partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls. We are looking for an experienced candidate to join our team in Mumbai. The Quantitative Research Markets Capital (QRMC) team's mission is to build the models and infrastructure used for the risk management of Market Risk such as of VAR/Stress/FRTB. The QRMC team in India will therefore play a critical role and support the activities of QRMC group globally. We also work closely with Front Office and Market Risk functions to develop tools and utilities for model development and risk management purposes.

Job Responsibility
•   Implementation of the next generation of risk analytics platform and assess model performance, perform back testing analysis and P&L attribution;
•   Improve performance and scalability of analytics algorithms and Develop and enhance mathematical models for VaR/Stress/FRTB;
•   Assess the appropriateness of quantitative models and their limitations, identifying and monitoring the associated model risk; 
•   Design efficient numerical algorithms and implementing high performance computing solutions;
•   Design and develop software frameworks for analytics and their delivery to systems and applications.

Required qualifications, capabilities, and skills
•   Advanced degree (PhD, MSc, B.Tech or equivalent) in Engineering, Mathematics, Physics, Computer Science, with 7+ years of relevant experience in Python and/or C++ ;
•   You demonstrate proficiency in data structures, standard algorithms and object oriented design;
•   You understand the different types of risk and you can discuss in detailed ways of managing these risks;
•   You have basic understanding of product knowledge across a range of asset classes – Credit, Rates, Equities, Commodities, FX & SPG;
•   You’re interested in applying agile development practices;
•   You demonstrate quantitative and problem-solving skills as well as research skills;

Preferred qualifications, capabilities, and skills

• Experience applying statistical and/or machine learning techniques in the financial industry and knowledge of options pricing theory, trading algorithms or financial regulations;  Experience using multi-threading, GPU, MPI, grid, or other HPC technologies is a plus;
• Excellent knowledge on data analysis tools in python like Pandas, Numpy, Scipy etc
• Knowledge of advanced mathematics such as stochastic calculus; 
• Knowledge of front-end technologies like HTML, React and integration with large data sets.

JPMorgan Chase & Co., 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 recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.