Securities Services Agency Lending - Associate

Job Description

Quantitative Research Securities Services Analyst/AssociateAbout Quantitative ResearchQuantitative Research (QR) is an expert quantitative modeling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management. As a global team, QR 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.OpportunityWe are looking for an experienced strat, data scientist or machine learning engineer to join our Agency Lending team in Mumbai. This group is within Securities Services Quantitative Research and part of the global Quantitative Research Group. The Securities Services QR teams mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions ranging from vanilla flow products to complex derivative deals, as well as improve the performance of algorithmic trading strategies and promote advanced electronic solutions to our clients worldwide. You will be a part of the team that is helping to transform business practices through data science/other quantitative methods where JP Morgan is a dominant player.In addition, we provide on-the-job training, internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for across JP Morgan, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career. We make reasonable accommodations for applicants and employees religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.If you are passionate, curious and ready to make an impact, we are looking for you.Your Impact You will be a part of the team that is helping to transform business practices through data science/ML quantitative methods in the Agency Securities Lending business where JPM is a dominant player with multi-trillion dollar AUM. Specific responsibilities include:

• Perform large-scale analysis on our proprietary dataset to formalize and solve business problems never tackled before
• Identify securities lending market microstructure features to contribute to our automated trading models
• Make real-world, commercial recommendations through effective presentations to various stakeholders
• Leverage data visualization to communicate data insights and results
• Documentation and testing of new/existing models in partnership with control groups
• Implementation of models in Python-based proprietary libraries.
• Ongoing desk support for the Agency Securities Lending and cash portfolio management business

About You

• You demonstrate quantitative and problem-solving skills as well as research skills;
• You have excellent practical data analytics skills on real data sets gained through hands-on experience, including familiarity with methods for working with large data and tools for data analysis (pandas, numpy, scikit, TensorFlow)
• You demonstrate experience applying statistical and/or machine learning techniques in the financial industry
• You are familiar with tools and methods of exploratory data analysis, visualization and modeling in Python e.g., pandas, scipy, sklearn, Jupyter
• You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs;
• You think strategically and creatively when faced with problems and opportunities. You always look for new ways of doing things;
• You demonstrate good judgment decision-making is your strong side;
• You re attentive to detail and easily adaptable;
• You have strong interpersonal skills you listen and communicate in a direct, succinct manner;
• Your excellent communication skills, both verbal and written, can engage and influence partners and stakeholders; You are good at communicating concepts and ideas, also via documentation, and you are keen to defend their validity and tailor messages to different audiences;

Desirables

• Advanced degree (PhD, MSc or equivalent) in Probability theory, Statistics, Mathematical Finance or Engineering.; Relevant academic research publications a plus;
• Previous experience in a trading desk support position (either as a quant or a developer)

Beyond that, we re interested in the things that make you unique: personal qualities, outside interests and achievements beyond academia and profession that demonstrate the kind of person you are and the differences you could bring to the team.About Us J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.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. In accordance with applicable law, we make reasonable accommodations for applicants and employees religious practices and beliefs, as well as any mental health or physical disability needs.About the TeamThe Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.,

Keyskills :
item response theoryexploratory data analysisstrong interpersonal skillstrading deskdata analysismarket makingdata analyticsfinancial riskrisk managementproblem solvingphysical healthmachine learning