Job Description

Job Title

Quantitative Research - Equity Derivatives Modeling - Vice President / Executive Director Posting Description

We are looking for an experienced Quant Professional to join our team in Mumbai. The Equities Modeling QR team works closely with different stakeholders in the Global QR Equities team to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions ranging from vanilla flow products to complex derivative deals

Job Responsibilities

• Developing advanced pricing models and systematic hedging strategies for equity derivatives along with people management experience
• Implementing these models in our quant library and trading/risk platforms, carrying out testing and writing documentation;
• Working closely with stakeholders across -traders to solve problems and identify opportunities, front office and Model Validation teams
• Maintaining strong links with the machine learning and quant finance research communities, supervising projects, publishing and presenting academic papers
• 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

• Advanced degree (PhD, MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.
• Experience in a front-office derivatives trading environment along with 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
• Deep understanding of derivatives pricing theory and standard models and hands-on experience of Reinforcement Learning;

Preferred qualifications, capabilities, and skills

• Relevant academic research publications a plus

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world\'s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. 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.