Quantitative Research-Commodities

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view. As a Quantitative Research, Commodities Associate/ Vice President, you will partner with traders, technology and risk managers across all products and regions, contributing to valuation and risk management, portfolio optimization, and applying appropriate financial risk controls.

J.P. Morgan’s Global Quants Group in Mumbai was set up in 2013 as an extension of the Firm’s global quants teams around the world. It is a fast-growing team covering multiple asset classes across geographies. It provides in-depth knowledge that is behind our Investment Banking, Structuring, Sales & Trading and Research businesses around the globe. Deeply integrated with our Investment Banking business, the team facilitates deals and transactions by providing vital research and insight.

This role is a Derivatives Quant profile as part of the QR Commodities team that develops sophisticated mathematical pricing models, cutting-edge methodologies and systems to value and hedge financial transactions ranging from flow products to complex derivative deals, and to provide analytical support to the trading desks. As a global team, we partner with traders, technology and risk managers across all products and regions, contributing to valuation and risk management, portfolio optimization, and applying appropriate financial risk controls. We are looking for an exceptional candidate to join our team in Mumbai, and design, build, and risk manage commodities products

Job Responsibilities:

• Contribute to the firm’s Commodities business by working closely with the Trading and Technology teams globally. As a Quant, you’ll have the chance to:
• Develop and improve derivative pricing models for Commodities
• Research and implement data driven statistical models
• Develop and enhance the risk management platform to hedge and aggregate positions
• Build and enhance pricing and marking tools
• Provide desk support to help analyze Risk and P&L issues day to day
• Understand valuation and risk management of Commodities derivatives products
• Collaborate with traders and be proactive to access and learn J. P. Morgan’s highly sophisticated solutions.

Required experience, skills and qualifications:

• Advanced degree (PhD, MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc.
• Strong programming background with proficiency in Python or C++.
• Understand advanced mathematics used in financial modeling including topics such as calculus, numerical analysis, optimization, and statistics.
• Understanding of the mathematics involved in the valuation of financial products and strategies.
• Experienced with object-oriented programming concepts.
• Demonstrate exceptional analytical, quantitative, and problem-solving skill.
• Excellent communication skills, both verbal and written, can engage and influence partners and stakeholders; You are good at communicating concepts and ideas, also via written documentation, and you are keen to defend their validity and tailor messages to different audiences.

Preferred experience, skills and qualifications:

• Experience of financial markets
• Knowledge of derivatives pricing theory, trading algorithms, and/or financial regulations.
• You are interested in quantitative research within global markets.
• You understand the different types of financial risk and you can discuss in detail ways of managing these risks.
• You are interested in working in a front-office environment.
• You have good practical knowledge of derivatives pricing and risk management of vanilla options and volatility products.
• A mindset of robust solution design.