JP Morgan Chase - Associate - Quantitative Research - Credit Bond Portfolio Team

About J.P. Morgan :

J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients' needs, anywhere in the world. We operate in 150 countries, and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are the most respected financial institution in the world - and why we can offer you an outstanding career

Our business :

J.P. Morgan has the leading Global Spread business in terms of volume traded, issuers traded and investor relationships. The Spread business covers Credit, SPG, and Public Finance Markets. J.P. Morgan Global Spread Trading offers first-class, highly integrated financial services to a global client base and provides financial assets and liquidity for banks, insurance companies, finance companies, mutual funds and hedge funds. Traders, salespeople and research analysts work collectively to generate ideas. The Credit business make secondary markets in high grade bonds/CDS, high yield bonds/CDS, distressed bonds, indices, options, correlation products, and more exotic structures. The Securitized Products Group ("SPG") engages in origination, syndicate, sales & trading, financing, and principal investments activities. Asset classes include: mortgage-backed securities (commercial, residential, agency and non-agency), mortgage loans, consumer asset-backed securities and receivables (auto, credit card, student, equipment loans).

Our team:

The QR Spread Algo team covers credit, mortgage and public finance flow products. We apply a scientific approach to trading and combine an understanding of credit market structure with modern data analytics to refine sales & trading strategies including workflow automation and automated execution.

The QR Spread Algo team is part of QR Spread which is responsible for developing and maintaining models for valuation, risk, P&L calculations and analysis tools for the Global Spread business. The responsibilities of the team span the full range from new model specification, going through model approval, implementation of model in library, to integration into production systems.

Opportunity :

The opportunity is to join our QR Spread Algo team in Mumbai as an Associate or VP depending on experience, with a focus on models enhancing trading strategies for corporate bond portfolio transactions.

Key responsibilities:

- Development, deployment and support portfolio management strategies including factor models

- Research and back-test tradeable factors through statistical portfolio construction

- Enhance liquidity management of trading desk though execution models

- Development of business intelligence tools including market event detection relevant to portfolio trading.

- Written and verbal communication with Model Review Groups in order to make models pass strict in-house standards

Requirements:

We work in a very dynamic environment, and excellent communication skills are required in our interaction with trading, technology, and control functions. A healthy interest in good software design principles is essential.

Essential skills :

- Very strong in statistics.

- Knowledge of modern techniques such as deep learning is a plus

- Strong OO design skills are required, most likely obtained using C++. In addition, Python would also be a plus as would experience with reactive programming.

- Attention to detail: thorough and persistent in delivering production quality analytics.

- Excellent communication skills; ability to explain her/his thought process clearly as well as communicating efficiently models and strategies behaviors to a non-technical audience.

- Ability to work in a high-pressure environment.

- Pro-active attitude: a self-learner, the candidate should be passionate about problem solving

- Ideal candidates for these positions would be a graduate/post-graduate from a premier college or institute. A computer science or mathematics background will be most suitable.

J.P. Morgan's Global Quants Group provides a challenging work environment and excellent opportunities to learn and grow both at the Quants Group and in the Firm's global network.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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