Qr - Rates

2 months ago


Mumbai, India JPMorgan Chase Bank, N.A. Full time

**Job Title**
**Quantitative Research - QR Rates Global Risk and Infrastructure - Vice President**

**Posting Description**

The Rates Global Risk and Infrastructure QR team's mission is to develop and maintain models, cutting-edge methodologies and infrastructure to value and hedge financial transactions ranging from flow products such as Interest Rate Swaps to complex derivative deals, as well as improve our computational efficiency and promote advanced trading and structuring solutions to the Front Office. We work closely with desk aligned QR groups, Technology as well as Market Risk, VCG and other control functions in a combined effort to deliver a best in class pricing, risk management and reporting system.
- Develop and maintain the infrastructure used by trading and structuring for pricing, hedging and risk managing derivatives securities;
- Ideate, create and maintain a robust modelling infrastructure for derived market information such as interest rate curves, volatility smiles.
- Promote upgradation of legacy pricing and risk management infrastructure and practices to a new strategic platform
- Help in the evolution of existing systems to keep up with changes in market structure, e.g. LIBOR reform
- Design efficient numerical algorithms and implementing high performance computing solutions;

**Required qualifications, capabilities, and skills**
- You demonstrate proficiency in code design and programming skills.
- You demonstrate proficiency in at least one of the object oriented programming, like C++ or Java and are good at Python. You demonstrate quantitative and problem-solving skills as well as research skills;
- You understand advanced mathematics arising in financial modeling i.e: probability theory, stochastic calculus, partial differential equations, numerical analysis, and optimisation. You're interested in financial markets, especially Rates and Fixed Income markets.
- You are interested in financial products such as Swaps, Bonds, Swaptions and would like to understand how these are priced and risk managed.
- You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs; You're attentive to detail and easily adaptable;
- Your excellent communication skills, both verbal and written, can engage and influence partners and stakeholders; You are good at communicating concepts and ideas, also via documentation, and you are keen to defend their validity and tailor messages to different audiences;
- **Preferred qualifications, capabilities, and skills**
- Advanced degree (PhD, MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc. Relevant academic research publications a plus; Markets experience and general trading concepts and terminology is useful to be familiar with;
- Knowledge of Fixed Income markets, in particular interest rate products and models, is a plus, but it's not strict requirement. Direct experience of agile software methodologies;
- Orientation towards careful system and solution design and implementation; Robust testing and verification practices;
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.


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