JP Morgan Chase - Analyst/Associate - Quantitative Research/Market Risk - Time Series Management

About Quantitative Research

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 candidate to join our team in Mumbai. The Market Risk QR: Time Series Management team's mission is to help ensure valid data is fed into our in-house VaR models. The team works closely with Market Risk QR Product Specialists, Market Risk Coverage, and other internal stakeholders to ensure any data quality issue is remediated in a timely manner for accurate risk computation. We also work closely with various stakeholders in the firm to onboard new time series which would enhance accuracy in market risk reporting.

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'll contribute to the firm's product innovation, effective risk management, financial risk controls. Specially, you'll have the chance to:

- Analyze market data used for market risk calculations such as VaR across several asset classes;

- Identify spurious data and liaise with Market Risk Coverage/MRQR Product Specialist for remedial action;

- Work with stakeholders such as Market Risk Coverage, MRQR Product Specialist, and Technology teams to ensure the operational control of the process and troubleshooting technical issues;

- Assist in the production of weekly scorecards distributed to several groups and senior management. In addition, work on weekly/monthly enhancements to the various metric packs;

- Run Market Data Quality reports, quarterly Beta review and analyzing the time series for all positions for onboarding into VaR;

- Participate in projects relating to control issues/enhancements for market data quality improvement;

- Partner with technology teams to provide requirements for a number of market data projects and perform UAT testing for monthly technology releases;

- Facilitate quarterly and annual audit processes to ensure compliance with regulatory bodies.

About You :

- You have product knowledge across a range of asset classes - Credit, Rates, Commodities, Equities, FX, etc.;

- You have a good understanding of financial derivatives including Greeks;

- You have the ability to work and solve problems independently, and are able to work in a fast paced environment with large data sets;

- You have the ability to understand business processes and their risk implications, analyze complex situations, reach appropriate conclusions, and make value-added and practical recommendations;

- You have excellent verbal and written communication skills, with the ability to create and present training materials;

- You have excellent interpersonal skills and an ability to develop effective credible relationships with the business and functional partners;

- You demonstrate quantitative and problem-solving skills as well as research skills;

- You have excellent practical data analytics skills on real data sets gained through hands-on experience, including familiarity with methods for working with large data and tools for data analysis;

- You think strategically and creatively when faced with problems and opportunities. You always look for new ways of doing things;

- You demonstrate good judgment - decision-making is your strong side;

- You're attentive to detail and easily adaptable;

- You're enthusiastic about knowledge sharing and collaboration.

Desirables :

- Degree in Engineering, Finance, Mathematics, Computer Science, etc.;

- Knowledge of options pricing theory, trading algorithms or financial regulations;

- Experience with big data, time series, and statistical analysis;

- Proficient and experienced in Microsoft Excel, using advanced formulas, pivot tables, macros etc.;

- Experience with Python is an added advantage, primarily numpy and pandas libraries;

- Preferred qualifications: CFA/FRM.

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.

About Us

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.

About the Team

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.