What are the responsibilities and job description for the Quantitative Research - Rates - Vice President position at JPMorgan Chase?
We are seeking a person to join the JP Morgan Rates Quantitative Research team, supporting NA Fixed Income Financing, Inflation, and Bond Securities Trading.
Job Summary:
As a Quantitative Research, Rates Vice President, you will be working on a diverse portfolio of financial instruments. We expect you to share in a balanced mixture of responsibilities, including support for and discussion with traders, model research and development, model documentation, model deployment, pricing and risk investigation, product-specific analysis, software and trading tool development.
Job responsibilities:
- Develop models and implement them in Python/C for pricing and risk managing trades.
- Rapidly build prototype models and tools; compare results of various techniques.
- Explain model behavior and predictions to traders and controllers, identify major sources of risk in portfolios, carry out scenario analysis, provide guidance / debug analytics.
- Write well-formulated documents of model specification and implementation testing.
Required Qualifications, Capabilities and Skills:
- Strong software development and Python/C skills
- Strong analytical and problem solving abilities
- Familiarity with probability theory, stochastic processes, and numerical analysis
- Strong communication skills, both oral and written
- PhD or equivalent in Mathematics, Math Finance, Physics, or other quantitative subject
- At least 2 years working experience, ideally in a front office environment
Preferred Qualifications, Capabilities and Skills:
- Knowledge of financial products, from loans, repos and bonds to be structured and exotic deals
- Knowledge of machine learning/statistical techniques
