JPMorgan Quantitative Research – Rates Options Analyst Associate 

United Kingdom, England, London 

339493659

Job summary

As aQuantitative Research Analyst or Associate in – Rates Options team, you willwork closely with Interest Rates Flow Option trading desks to develop statistical arbitrage strategies and other quantitative trading models.

Job Responsibilities

• Develop and enhance prices and implement them in C++/Python for pricing and risk managing derivatives
• Prototype of models and products; benchmark and compare results of various techniques
• Explain model behavior and predictions to traders and controllers, identify major sources of risk in portfolios, carry out scenario analysis, provide guidance/debug analytics
• Write well-formulated documents of model specification and implementation testing

Required qualifications, capabilities, and skills

• You thrive in a fast-paced environment of real-time Market pressures and easily remain focused on client needs
• You demonstrate quantitative and problem-solving skills as well as research skills; excellence in probability theory and numerical analysis
• You demonstrate proficiency in code design and programming skills, with primary focus on Python and C++
• You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs
• 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
• You are enthusiastic about knowledge sharing and collaboration
• You think strategically and creatively when faced with problems and opportunities
• You always look for new ways of doing things

Preferred qualifications, capabilities, and skills

• You have Masters (or equivalent) degree in Engineering, Mathematics, Physics, or Computer Science
• You have relevant academic research publications
• You demonstrate knowledge of interest rate products