JP Morgan Chase & Co.

Quantitative Trading & Research - Commodities - Energy - Vice President

JP Morgan Chase & Co. • $150K — $200K *
Houston, TX 77002In-Person
Energy & Utilities
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Advanced degree (master's or PhD) in a quantitative field or equivalent experience.
  • Deep understanding of mathematical techniques for valuation models including stochastic calculus and Monte Carlo methods.
  • Strong programming skills in multiple languages, preferably Python and C++.
  • Commercially focused with excellent communication skills to translate desk needs into deliverables.
  • Ability to deeply understand and anticipate trading desk requirements.

Responsibilities

  • Develop pricing and risk models for structured products from research to production implementation.
  • Collaborate with Trading and Sales to identify and create new commercial opportunities.
  • Create analytical tools for pricing, model calibration, and strategy backtesting for front office use.
  • Provide quantitative support and analysis to front office teams and control functions.
  • Lead projects and manage priorities to ensure successful results and cross-functional collaboration.
  • Offer technical guidance on models and tools developed by the team.

Benefits

  • Opportunity to own high-impact models from design to ongoing enhancement.
  • Front office alignment allows for close collaboration with trading teams.
  • Exposure to fast-paced global energy trading business.
  • Access to advanced analytical resources and infrastructure.
  • Encouragement for innovation in product development.
Full Job Description
JOB DESCRIPTION

Job Description:

The Energy Quantitative Research team, part of the Quantitative Trading and Research organization, develops the valuation models, analytical tools, and risk infrastructure that underpins the global energy trading business. We partner closely with Trading, Structuring, Sales, and Technology to price complex products, manage risk, and accelerate commercial innovation.

Job summary:

As an Associate or Vice President in the Energy Quantitative Research team in New York or Houston, you will be supporting the global energy trading business, with an initial focus on North American power and gas.

Working closely with the trading desk as part of a front office-aligned quant team, you will use your advanced analytical skills and commercial mindset to help drive the growth of the business and the development of new products. You will have the opportunity to own high impact models end to end, from the initial research and design to the production implementation and ongoing enhancement.

Job responsibilities:

  • Develop pricing and risk models for vanilla and structured products, including model development, production implementation, testing, governance and documentation
  • Partner with Trading and Sales to develop new commercial opportunities
  • Develop analytical tools for use by front office teams (pricing, model calibration, strategy backtesting etc)
  • Provide quantitative analysis and support to front office teams and control functions
  • Lead projects, manage priorities and take responsibility for results, partnering with other teams to deliver on cross-functional projects
  • Provide technical support and guidance around the use of the models and tools developed by the team

Required qualifications, capabilities, and skills:

  • Advanced degree (masters or PhD) in a quantitative field, or equivalent experience
  • Deep understanding of the mathematical and numerical techniques used in valuation models, including stochastic calculus, probability theory, optimization, Monte Carlo methods etc
  • Strong programming skills and knowledge of multiple languages (preferably including python and C++), with the ability to efficiently implement production quality models
  • Commercially focused with excellent communication skills, and an ability to understand and anticipate desk needs and translate them into tangible deliverables

Preferred qualifications, capabilities, and skills:

  • Familiarity with energy and commodities markets, and the financial and physical products traded

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
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at JP Morgan Chase & Co.

More Energy & Utilities Jobs

Find similar Quantitative Trading & Research - Commodities - Energy - Vice President jobs:

NationwideHouston, TX