JPMorganChase · 2 days ago
Quantitative Research – Equity Derivatives Exotics - Associate
270 Park Ave, New York, NY, 10017, US
Full-time
Onsite
Entry Level
$150K/yr - $200K/yr
3+ years expJPMorganChase is one of the oldest financial institutions, offering innovative financial solutions globally. As an Associate for the Equity Derivatives Exotics QTR team, you will utilize quantitative techniques to develop derivative products and enhance risk management, while collaborating with the broader team to ensure high standards in development and model validation.
FinanceBankingAsset ManagementFinancial Services
Responsibilities
Develop a framework and key components to develop derivative products including life cycling and model validation, using dependency-graph programming and Python language
Model derivative products using C++ - Python hybrid programming to meet business requests
Drive payoff innovation using the product design framework and machine learning techniques
Streamline product review under the product design framework and provide clear model documentation to facilitate model approvals
Evaluate quantitative methodologies including identifying and monitoring model risks associated with derivative valuation models
Support trading activities by explaining model behavior, identifying major sources of risk in portfolios and carrying out scenario analyses
Qualification
Required
Master or PhD degree in a quantitative field from a top university
3+ years of experience in derivatives quantitative research
Strong programming skills in C++, Python and numerical packages
Experience with statistical analysis and machine learning
Experience with derivatives pricing models and equity derivatives products
Solid understanding of the application of Monte-Carlo simulation and finite-difference PDE in derivative pricing
Ability to communicate effectively with business stakeholders
Prior experience in a front-office quantitative research role
Experience or good knowledge in dependency-graph programming
Preferred
Knowledge of risk management frameworks and regulatory requirements
Benefits
Comprehensive health care coverage
On-site health and wellness centers
A retirement savings plan
Backup childcare
Tuition reimbursement
Mental health support
Financial coaching
Company
JPMorganChase
With a history tracing its roots to 1799 in New York City, JPMorganChase is one of the world's oldest, largest, and best-known financial institutions—carrying forth the innovative spirit of our heritage firms in global operations across 100 markets.
10001+ employees
H1B Sponsorship
JPMorganChase has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3471)
2024 (3469)
2023 (3395)
2022 (3594)
2021 (2515)
2020 (2495)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-02-01IPO
Leadership Team
Allison Beer
CEO of Card Services and Connected Commerce
Dan Mendelson
CEO, Morgan Health
Recent News
2026-02-13
2026-02-12
2026-02-12
Company data provided by crunchbase