JPMorgan Quant Associate - Derivatives pricing 

India 

668881604

Job responsibilities

• Developing mathematical models for pricing, hedging and risk measurement of derivatives securities
• Identifying major sources of risk in portfolios, explain model behavior by carrying out scenario analyses, develop and deliver quantitative tools
• Assessing the appropriateness of quantitative models and their limitations, identifying and monitoring the associated model risk
• Implementing risk measurement, valuation models or algorithmic trading modules in software and systems
• Designing efficient numerical algorithms and implementing high performance computing solutions

Required qualifications, capabilities, and skills

• Minimum 3 Yrs of relevant experience
• Advanced degree (PhD, MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.
• Good understanding of advanced mathematical topics like probability theory, stochastic calculus, partial differential equations, numerical analysis, optimization
• Experience of code design and demonstrable programming skills in C++/Python or any other programming language
• Excellent communication skills, both verbal and written, can engage and influence partners and stakeholders
• Demonstrate good judgment – decision-making is your strong side
• Enthusiasm about knowledge sharing and collaboration. Strong interpersonal skills required to communicate in a direct, succinct manner

Preferred qualifications, capabilities, and skills

• Knowledge of options pricing theory, equities markets, in particular equity derivative products and models, is a plus, but it’s not strict requirement
• Experience with data schemas and data structures would be useful in this role
• Robust testing and verification practices. Relevant academic research publications a plus