Quantitative Trading & Research - Valuation Models - Vice President

As a Vice President in the Quantitative Trading & Research team, you'll collaborate with traders, risk managers, and controllers to develop and maintain sophisticated models for fair value measurement across multiple business lines. You should be passionate, curious, and ready to make an impact.,

• Develop mathematical models for the valuation of credit derivatives, structured lending facilities, and illiquid collateral
• Implement methodologies for model calibration and build analytics to manage model risk appetite
• Leverage machine learning, AI, and data analytics to enhance valuation methodologies and drive innovation
• Define methodology for pricing adjustments, model limitations, parameter uncertainty, and liquidity reserves
• Monitor model performance metrics to ensure models behave as expected over time
• Design and develop software frameworks for analytics delivery to systems and applications
• Collaborate with front office trading desks, controllers, and model risk teams to safeguard the firm's balance sheet
  
  Demonstrated quantitative and problem-solving skills, including research abilities
• Strong understanding of advanced mathematics in financial modeling (probability theory, stochastic calculus, statistics)
• Hands-on experience with data analytics, large data sets, and tools for analysis and visualization
• Proficiency in code design and programming, primarily Python and C++
• Practical experience with code performance optimization, debugging, and reverse engineering
• Excellent verbal and written communication and team skills in a multi-location environment
• Deep understanding of financial products, their valuations, and associated risks
Preferred qualifications, capabilities, and skills
• Advanced degree (PhD, MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.
• Proven quantitative model development or model validation experience
• Markets experience and familiarity with trading concepts and terminology
• Knowledge of options pricing theory, trading algorithms, financial regulations, stochastic processes, partial differential equations, and numerical analysis
  
  At JPMorganChase, you'll be part of a world-class quantitative modeling group that drives innovation in financial engineering, data analytics, and portfolio management., 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., J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.