Opportunity:

We are seeking a person to join a team within Commodities Quantitative Research supporting the Precious Metals and the Base Metals trading desks. We expect the joiner to share in a balanced mixture of responsibilities, including model research and development, model documentation, development of pricing and risk management tools, product-specific analysis, discussions with the trading desk, sales and control teams.

Core

responsibilities:

• Developing and enhancing valuation models;
• Implementing valuation and risk management tools within the Athena platform;
• Explain model behavior to the users, including trading, sales and control teams;
• Working in partnership with the sales and trading teams, carrying out scenario analysis, providing guidance on specific transactions;
• Writing well-formulated documents covering model specification and implementation testing.

Essential skills and qualifications:

• Strong analytical and problem solving abilities;
• Deep understanding of options pricing theory;
• Familiarity with quantitative models used for pricing and hedging derivatives;
• Strong software development skills, preferably in Python and C++;
• Good communication skills, both oral and written;
• Attention to detail and focus on the quality of deliverables;
• PhD, Masters or equivalent degree in a technical subject such as Mathematics, Mathematical Finance, Physics, Computer Science, Engineering etc.

Desirable:

• Knowledge of Commodity and FX derivative payoffs and pricing models.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world. Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems. Full time