APPLY Now Rates - Associate /VP

Job Description

About 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 Associate to join our team in Mumbai. The Rates Global Risk and Infrastructure QR teams mission is to develop and maintain models, cutting-edge methodologies and infrastructure to value and hedge financial transactions ranging from flow products such as Interest Rate Swaps to complex derivative deals, as well as improve our computational efficiency and promote advanced trading and structuring solutions to the Front Office. We work closely with desk aligned QR groups, Technology as well as Market Risk, VCG and other control functions in a combined effort to deliver a best in class pricing, risk management and reporting system.In addition, we are providing on job training, intensive 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, 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 ll contribute to the firm s product innovation, effective risk management, financial risk controls. Specially, you ll have the chance to:
• Develop and maintain the infrastructure used by trading and structuring for pricing, hedging and risk managing derivatives securities;
• Ideate, create and maintain a robust modelling infrastructure for derived market information such as interest rate curves, volatility smiles.
• Promote upgradation of legacy pricing and risk management infrastructure and practices to a new strategic platform
• Help in the evolution of existing systems to keep up with changes in market structure, e.g. LIBOR reform
• Design efficient numerical algorithms and implementing high performance computing solutions;
• Design and develop software frameworks for analytics and their delivery to systems and applications.
About You
• You demonstrate proficiency in code design and programming skills.
• You demonstrate proficiency in at least one of the object oriented programming, like C++ or Java and are good at Python.
• You demonstrate quantitative and problem-solving skills as well as research skills;
• You understand advanced mathematics arising in financial modeling i.e: probability theory, stochastic calculus, partial differential equations, numerical analysis, and optimisation.
• You re interested in financial markets, especially Rates and Fixed Income markets.
• You are interested in financial products such as Swaps, Bonds, Swaptions and would like to understand how these are priced and risk managed.
• You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs;
• You re attentive to detail and easily adaptable;
• 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 Engineering, Mathematics, Physics, Computer Science, etc. Relevant academic research publications a plus;
• Markets experience and general trading concepts and terminology is useful to be familiar with;
• Knowledge of Fixed Income markets, in particular interest rate products and models, is a plus, but it s not strict requirement
• Direct experience of agile software methodologies;
• Orientation towards careful system and solution design and implementation;
• Robust testing and verification practices;
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 Team The 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 :
interest rate swapsfixed incomemarket makingdata analyticsfinancial riskrisk managementsolution designphysical healthcomputer scienceeasily adaptablemarket structure