Quantitative Research - Prime Financing - Vice President

JP Morgan

Location: Greater London

Job Type: Full time

Posted


Quantitative Research (QR) is an expert quantitative modeling group in J.P. Morgan, as well as a leader in financial engineering, data analytics, statistical modeling and portfolio management. As a global team, QR partners with traders, marketers and risk managers across all products and regions, contributes to sales and client interaction, product innovation, valuation and risk management, inventory and portfolio optimization, electronic trading and market making, and appropriate financial risk controls.

Opportunity

We are looking for an experienced Quantitative Modeler to join our team in London. The Prime Financing QR team's mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to help the Prime business thrive. Our remit encompasses advanced optimization algorithms to automate settlement, manage collateral and in general extract value from large amounts of data.

In addition, we are providing on job training, intensive internal classroom training, and online courses, all given by our experienced quants. Through the diversity of the businesses it supports and the variety of functions that it is responsible for, Quantitative Research group provides unique growth opportunities for you to develop your abilities and your career.

We make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental and physical health needs or particular family considerations.

If you are passionate, curious and ready to make an impact, we are looking for you.

Your Impact
You will work with senior stakeholders in the Prime Finance businesses, as well as technology and risk teams, to drive the implementation of sophisticated tools/analytics and advance their risk/pricing workflow. This requires the development of new innovative models, as well as enhancements to existing models, that cover the areas below. A strong technology team will work alongside the quant team.

  • Optimization of collateral and inventory under various constraints arising from regulatory, contractual, capital, etc. requirements on one hand and expected duration, internal opportunities, etc. on the other;
  • Develop mathematical/statistical models for Prime desks to enhance business revenue and profitability for stock borrow-loan, cash and synthetic financing books;
  • Devise solutions for systematic book management, improving the overall stability of our collateral and its respective uses;
  • Deliver quantitative analytics to the desks that drive decision making;
  • Maintain adequate control functionality;

About You

  • Advanced degree (Masters, PhD, or equivalent) in Math, Sciences, Engineering or Computer Science;
  • Significant work experience in a related field;
  • Analytical, quantitative and problem-solving skills;
  • Excellent communication and presentation skills, in particular to senior stakeholders;
  • Understanding of statistics and machine learning methodologies;
  • Software design and development skills, particularly in Python;

Nice to have

  • Financial knowledge of Delta 1, Equity Derivatives, Inventory Management is a plus;
  • Experience with data pipelines;
  • Operations research background;

Beyond that, we’re interested in the things that make you unique: personal qualities, outside interests and achievements beyond academia and profession that demonstrate the kind of person you are and the differences you could bring to the team.

You’ve got this!