Job Description
Quantitative Research - Prime Services - Vice President
Posting Description
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
Job Description
We are looking for a senior quant to join our Prime Finance team in Mumbai. The Prime Finance QR team's mission is to develop and maintain sophisticated mathematical models, cutting-edge methodologies and infrastructure to value and hedge financial transactions of vanilla flow products. You will be working with trading desks, product managers and technology to develop analytical tools and quantitative trading models. In addition you will be working with different control functions to You will work with senior stakeholders in the Prime Finance businesses, as well as technology and risk teams, to drive the implementation of sophisticated tools/analytics and advance their risk/pricing workflow. This requires the development of new innovative models, as well as enhancements to existing models, that cover the areas below. A strong technology team will work alongside the quant team.
Required qualifications, capabilities, and skills
Develop mathematical/statistical models for Prime desks to enhance business revenue and profitability for stock borrow-loan, cash and synthetic financing books;
Devise solutions for systematic book management, improving the overall stability of our collateral and its respective uses;
Improve the risk & pricing workflow of our Synthetics desk through the development of innovative tools
Deliver quantitative analytics to the desks that drive decision making; Maintain adequate control functionality;
Advanced degree (Masters, PhD, or equivalent) in Math, Sciences, Engineering or Computer Science;
Significant work experience in a related field; Analytical, quantitative and problem-solving skills;
Preferred qualifications, capabilities, and skills
Excellent communication and presentation skills, in particular to senior stakeholders;
Understanding of statistics and financial mathematics; Financial knowledge of Delta 1 and Equity Derivatives product
Software design and development skills, particularly in Python or C++; . Team lead experience is desirable
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 QR | Prime Services 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.
