Quantitative Research – Rates – Associate

Last updated an hour ago
Location:Greater London
Job Type:Full Time


We are seeking a person to join the JP Morgan Quantitative Research team focused on Interest Rates. Relevant education would be in the area of Financial Mathematics and/or Computer Science, with focus on IR and programming. We expect the person to share in a balanced mixture of responsibilities, including model research and development, model documentation, pricing and risk investigation, product-specific analysis, software development and discussions with the trading desk.

Core Responsibilities

  • Develop models and implement them in C++ and python for pricing and risk managing derivatives;
  • Rapid prototyping of models and products; benchmark and 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.


Essential skills, experience and qualifications:

  • Strong software development, C++ and python skills;
  • Strong analytical and problem solving abilities;
  • Exposure to probability theory, stochastic processes, partial differential equations, and numerical analysis;
  • Good communication skills, both oral and written;
  • Advanced degree from top tier schools/programs in Mathematics, Mathematical Finance, Physics, Computer Science or Engineering.

Desirable skills/experience:

  • Previous experience in Slang/SecDB, Quartz, Beacon;
  • Knowledge of financial products.