JP Morgan Chase & Co.

Executive Director - Quantitative Research Principal Software Engineer

JP Morgan Chase & Co.$160K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of applied software engineering experience
  • Master's or Ph.D. in Mathematics, Physics, Statistics, Engineering, or Computer Science
  • Strong quantitative background in derivatives across rates, credit, and equities
  • Deep understanding of derivatives pricing and option pricing theory
  • Strong foundation in stochastic calculus and numerical methods
  • Expertise in Python programming for production-ready solutions
  • Proven ability to collaborate with quants and traders effectively

Responsibilities

  • Develop and implement pricing models and risk analytics for derivatives
  • Enhance analytics on the Athena platform focusing on testing and documentation
  • Translate investment and risk workflows into quantitative solutions
  • Provide analytics support by resolving issues related to models and tools
  • Contribute to pricing, risk aggregation, and hedging analytics capabilities

Benefits

  • Collaborative and agile work environment
  • Exposure to cutting-edge technologies and frameworks
  • Opportunities for career development and advanced training
  • Access to a wide network of industry professionals and experts
  • Comprehensive support for work-life balance initiatives
Full Job Description
JOB DESCRIPTION
As a Principal Software Engineer at JPMorganChase within the Asset & Wealth Management, Derivatives Platform Team, you provide expertise and engineering excellence as an integral part of an agile team to enhance, build, and deliver trusted market-leading technology products in a secure, stable, and scalable way. Leverage your advanced technical capabilities and collaborate with colleagues across the organization to drive best-in-class outcomes across various technologies to support one or more of the firm’s portfolios. 
As a Principal Quantitative Research / Quant Developer within the derivatives platform team in Asset Management, you will build and enhance pricing, risk, and analytics capabilities for derivatives across asset classes on the firm's Athena (Python) platform. Based in New York, NY, you will partner closely with portfolio managers and traders, developing robust, production-quality models and tools that directly support the investment and risk management needs of the business.

Job responsibilities
  • Develop and implement pricing models, risk analytics, and quantitative tools for derivatives across rates, credit, and equities
  • Build and enhance analytics on the Athena (Python) platform, ensuring robust testing, clear documentation, and production-quality delivery
  • Partner closely with portfolio managers and traders to translate investment and risk workflows into quantitative solutions
  • Provide analytical support to internal clients by troubleshooting and resolving model- and analytics-related issues
  • Contribute to the derivatives trade lifecycle capabilities, including pricing, risk aggregation, and hedging analytics 
  • Architects and governs agentic AI-enabled engineering workflows (using enterprise-authorized tools within the work environment) to improve delivery speed, code quality, and operational outcomes at scale (e.g., AI-driven PR review assistance, test generation/maintenance, release readiness checks, incident triage and root-cause acceleration), while defining guardrails for validation, security, resiliency, and reuse across teams.
  • Applies knowledge of tools within the Software Development Life Cycle toolchain, including enterprise-authorized AI-assisted development and automation capabilities, to improve the value realized by automation at scale.
  • Creates durable, reusable software frameworks that are leveraged across teams and functions
  • Influences leaders and senior stakeholders across business, product, and technology teams
Required qualifications, capabilities, and skills
  • Formal training or certification on software engineering concepts and 10+ years applied experience 
  • Advanced degree (Master's or Ph.D.) in a quantitative discipline such as Mathematics, Physics, Statistics, Engineering, Quantitative/Financial Engineering, or Computer Science
  • Strong quantitative background with proven experience in derivatives across one or more asset classes — rates, credit, and equities
  • Deep understanding of derivatives pricing, risk, and analytics of financial products, including option pricing theory
  • Strong foundation in stochastic calculus, probability theory, and numerical methods
  • Strong programming and quant development skills in Python, with the ability to deliver production-ready solutions
  • Proven track record working as a quant developer and collaborating closely with quants, traders, or portfolio managers, with the ability to face off to the business
  • Excellent communication skills with the ability to engage effectively with front-office stakeholders 
 
Preferred qualifications, capabilities, and skills
 
  • Experience with the JPMorganChase Athena platform; experience with comparable industry platforms such as Quartz or Beacon is also highly valued for candidates without Athena knowledge
  • Working knowledge of Java, C++, or C#
  • Prior exposure to a front-office quantitative research or trading environment
  • Familiarity with the derivatives trade lifecycle across multiple asset classes 

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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