Apply Now    

CIB - QR Commodities VP - New York, NY

Job Description

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking; financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the worlds most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.


This is a quantitative developer position within the Commodities Quantitative Research team, with responsibilities including developing and maintaining models for valuation, risk, profit/loss calculations, as well as quoting and market making algorithms and analysis tools.


Core Responsibilities:


  • Research and development in Python and C++

  • Develop models and implement them in software for pricing and risk managing derivatives

  • Develop pricing and calibration tools

  • Benchmark and compare results of various techniques

  • Implement products using pricing engines and models

  • Explain model behavior and predictions to traders, identify major sources of risk in portfolios, carry out scenario analyses, provide guidance/debug analytics

  • Rapid prototyping of models and products



  • Strong software development skills in both Python and C++

  • Object oriented programming skills with emphasis on numerical methods

  • Good understanding of options pricing theory (i.e. quantitative models for pricing and hedging derivatives)

  • Experienced in probability theory, stochastic processes, partial differential equations, and numerical analysis

  • Strong analytical, modeling and problem solving abilities

  • Good communication skills

PhD, Masters or equivalent degree in a technical field from a top-tier school/program: Mathematics, Mathematical Finance

Req #: 160035906
Location: New York, NY US
Job Category: Accounting/Finance/Audit/Risk
Employment Type: Full Time
Potential Referral Amount: 0 US Dollar (USD)

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Join Now

Privacy Statement

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please contact us by calling (US and Canada Only) 1-866-777-4690. Please indicate the specifics of the assistance needed.

Keep in touch

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.