Job Description
Quantitative and Derivatives Strategy (QDS)
Junior Analyst
J.P. Morgan's Global Research Center (GRC) in Mumbai was set up in August, 2003 as an extension of the Firm's global equity research teams around the world. Besides working with JP Morgan's equity research teams, the Researchers and Analysts in GRC are now engaged with other areas of public side research including credit research, economics, strategy, credit derivatives, indices, credit portfolio research and international convertible bonds.
QDS team in GRC supports the Global QDS team with onshore analysts situated in New York, Hong Kong, London, Sydney and Tokyo. The Global QDS team delivers trade ideas, in-depth reports, analytic tools, and educational materials to the firm's clients. While broadly distributed reports and screens make up the most visible part of the group's effort, analysts spend a significant amount of their time in custom analyses and backtests, portfolio hedging techniques, developing alpha-generating strategies and bespoke client requests.
The Junior Analyst's responsibilities include:
Running the broadly distributed reports and screens for the client.
Maintaining regular contact with colleagues in the different regions, taking part in conference calls and responding to project requests (often client-generated).
Maintaining the quantitative and derivatives database for the team.
Analyzing and backtesting trading strategies. Backtesting may involve writing the code in VBA/C++/R/Python or any other language.
Analyze index events and forecast inclusions/deletions.
Essential skills:
Keen interest in derivatives and financial markets
Strong quantitative skills and knowledge of Statistical concepts
Analytical aptitude and ability to learn financial concepts
Good knowledge of Excel, VBA, SQL, Python. Knowledge of R or MATLAB would be a plus.
Good communication and team working skills in a multi-location set up
Close attention to detail and ability to work to very high standards
A strong motivation for learning and manage projects independently.
Ideal candidates for this position would be Engineers from prominent institutes including IITs; or candidates with specialization in Finance related courses from renowned universities. Any experience in the areas involving statistical modeling, option pricing etc. would be an advantage.
JP Morgan's Global Research Center provides a challenging work environment and excellent opportunities to learn and grow both at the GRC 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, ****** 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.
Junior Analyst
J.P. Morgan's Global Research Center (GRC) in Mumbai was set up in August, 2003 as an extension of the Firm's global equity research teams around the world. Besides working with JP Morgan's equity research teams, the Researchers and Analysts in GRC are now engaged with other areas of public side research including credit research, economics, strategy, credit derivatives, indices, credit portfolio research and international convertible bonds.
QDS team in GRC supports the Global QDS team with onshore analysts situated in New York, Hong Kong, London, Sydney and Tokyo. The Global QDS team delivers trade ideas, in-depth reports, analytic tools, and educational materials to the firm's clients. While broadly distributed reports and screens make up the most visible part of the group's effort, analysts spend a significant amount of their time in custom analyses and backtests, portfolio hedging techniques, developing alpha-generating strategies and bespoke client requests.
The Junior Analyst's responsibilities include:
Running the broadly distributed reports and screens for the client.
Maintaining regular contact with colleagues in the different regions, taking part in conference calls and responding to project requests (often client-generated).
Maintaining the quantitative and derivatives database for the team.
Analyzing and backtesting trading strategies. Backtesting may involve writing the code in VBA/C++/R/Python or any other language.
Analyze index events and forecast inclusions/deletions.
Essential skills:
Keen interest in derivatives and financial markets
Strong quantitative skills and knowledge of Statistical concepts
Analytical aptitude and ability to learn financial concepts
Good knowledge of Excel, VBA, SQL, Python. Knowledge of R or MATLAB would be a plus.
Good communication and team working skills in a multi-location set up
Close attention to detail and ability to work to very high standards
A strong motivation for learning and manage projects independently.
Ideal candidates for this position would be Engineers from prominent institutes including IITs; or candidates with specialization in Finance related courses from renowned universities. Any experience in the areas involving statistical modeling, option pricing etc. would be an advantage.
JP Morgan's Global Research Center provides a challenging work environment and excellent opportunities to learn and grow both at the GRC 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, ****** 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.
💡 Quick Summary
Seeking a career-building opportunity? The CIB|RA|Reserach|QDS position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
