Full-Time
Quantitative Trading & Research Associate
Systematic Trading
JP Morgan Chase
10,001+ employees
Global financial services with diversified offerings
Compensation Overview
$150k - $200k/yr
New York, NY, USA
In Person
 Quantitative Finance (2) |
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- You have a strong quantitative background, as well as practical problem-solving skills.
- You have direct working knowledge of signal research with market data and other financial data, alpha capture, and risk warehousing, preferably in equity derivatives.
- You like working closely with trading desks, understanding their business, and have a strong mind-set of ownership to have an impact on the way they operate.
- You demonstrate proficiency in code design and programming skills, with primary focus on Python, KDB, C++ or Java in a commercial environment.
- You have practical data analytics skills on real data sets gained through hands-on experience, and can handle and analyze complex, large scale, high-dimensionality data from various sources.
- You quickly grasp business concepts outside immediate area of expertise and adapt to rapidly changing business needs.
- You think strategically and creatively when faced with problems and opportunities. You always look for new ways of doing things.
- Your excellent communication skills, both verbal and written, can engage and influence partners and stakeholders.
- Work closely with trading to build end-to-end design and implementation of daily and intraday signal research and deployment infrastructure, with special focus on equity derivatives / Systematic derivatives.
- Contribute from idea generation to production implementation: perform research, design prototypes, implement alpha signals and systematic strategies; support daily usage, monitor performance, and iterate based on live feedback.
- Research and model equity options and volatility dynamics (e.g., surface arbitrage, term structure, skew, dispersion, event risk, RV) and translate insights into deployable systematic strategies.
- Develop and maintain robust backtesting, attribution, and regime analysis frameworks tailored to derivatives PnL drivers.
- Build models that integrate fundamental, quantitative, and microstructure features to support risk internalization and/or risk warehousing, using statistics, machine learning, or heuristics as appropriate.
- Partner with the business on alpha capture, risk recycling, hedging design, and position/risk management for derivatives strategies (including Greeks and scenarios).
- Collaborate broadly with QTR teams across regions to build reusable research libraries, tooling, and standardized workflows for experimentation, deployment, and monitoring.
- (Plus) Leverage AI/ML and modern AI tooling to accelerate research and improve developer productivity, with an understanding of AI productionization (model governance, evaluation, monitoring, and safe professional use of AI agents).
- Strong graduate degree (MS or PhD) in a quantitative field (Computer Science, Financial Engineering, Mathematics, Physics, Statistics, Economics, …).
- Strong expertise in statistics and machine learning in financial industry.
- Robust testing and verification practice.
- Direct experience with electronic trading, and knowledge of trading algorithms.
- 3 to 5 years’ experience in finance: market making, electronic trading, trading strategies (high to low frequency: market making, statistical arbitrage, option trading…), or derivatives pricing and risk management.
- Knowledge of equity derivatives and volatility products is a plus.
- Plus: experience leveraging AI for research and engineering workflows, and familiarity with productionizing AI (repeatable pipelines, evaluation/monitoring, model risk awareness) and using AI agents professionally.
A global financial services firm offering investment banking, asset management, private equity, financial services, and consumer banking to individuals and institutions. It works by providing advisory, lending, trading, and financing services through a worldwide network, earning revenue from interest, fees, and trading commissions, and using its data and the JPMorgan Chase Institute to analyze economies. It stands apart from peers due to its size, full-range services across consumer and corporate markets, extensive market access, and in-house data-driven insights. Its goal is to deliver comprehensive financial products with integrity and growth while supporting clients and communities through data-backed analysis and targeted programs.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1959
Get referred to JP Morgan Chase
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Simplify's Take
What believers are saying
- 2Q26 net income reached $21.2 billion, boosting hiring confidence and promotion budgets.
- Canadian revenue nearly doubled as JPMorgan hired 18 executives and expanded trading.
- Southwest's 2026 Chase lounge partnership deepens card-fee monetization and loyalty lock-in.
What critics are saying
- SEBI barred Copthall Mauritius on August 20, 2026, exposing JPMorgan's market-conduct controls.
- Cash sweep plaintiffs seek class certification after a February 2026 judge ruling.
- Jersey City and Plano layoffs in 2026 show automation pressure hitting operations teams.
What makes JP Morgan Chase unique
- Jamie Dimon's bank spans consumer, markets, and wealth across 100-plus countries.
- 2Q26 revenue hit $58.0 billion, with every major business posting record results.
- JPMorgan dominates payments, trading, and investment banking with unmatched balance-sheet scale.
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Benefits
Health Insurance
Flexible Work Hours
Paid Sick Leave
Paid Holidays
Growth & Insights and Company News
6 month growth
↓ -5%1 year growth
↓ -5%2 year growth
↓ -5%JPMorgan Chase has appointed former CPPIB trading executive Chris Finora to lead Canadian Cash Equities Trading as part of an aggressive expansion in Canada. The bank has hired 18 executives and managing directors over the past year, increasing its director ranks by 20%. JPMorgan's Canadian workforce has grown roughly 50% in five years, whilst revenue has almost doubled through client wins and market share gains. The expansion aims to capture opportunities from Canada's target of attracting $1 trillion in investment over five years. The stock fell approximately 0.6% on Tuesday amid weakness in financial shares. The bank generated $24.9 billion in Banking and Markets revenue in the second quarter alone.
JPMorgan analyst Matthew Boss cut his price target on Lululemon by 38% to $95 from $154, maintaining a "Neutral" rating. The adjustment followed the athletic apparel maker's disappointing fiscal Q2 2027 results, which missed revenue expectations. Lululemon's second-quarter revenue fell 4% to $2.4 billion, with comparable sales down 10%. North America comparable sales sank 12%, whilst China comparable sales dropped 8% year over year. The company's third-quarter earnings outlook sits approximately 60% below Wall Street consensus. Full-year revenue guidance now stands at $10.35 billion to $10.5 billion, down 5-7% from last year. Full-year earnings per share guidance dropped to $9.48 to $9.73, compared to $13.26 previously. Lululemon stock has fallen almost 80% from all-time highs, whilst the S&P 500 trades near record levels.
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Anthropic, the developer behind Claude AI chatbot, has secured a $15 billion credit facility ahead of its initial public offering. Major financial institutions including Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Citigroup are backing the arrangement. The facility significantly exceeds last year's $2.5 billion loan and surpasses the company's roughly $10 billion target. Anthropic now expects over $65 billion in annualised revenue, representing more than a sevenfold increase from its pace at the end of last year. Additional banks including Barclays and Bank of America have joined the arrangement. The timing coincides with renewed activity in the US IPO market, positioning Anthropic for a substantial market debut.
New York Gaming Facility Location Board updates: recent changes and future casino licenses. September 3, 2026/in Blog/by admin New York Gaming Facility Location Board: recent changes and future of casino licenses. The New York Gaming Facility Location Board (GFLB), a crucial body responsible for determining the locations of casinos in downstate New York, is currently undergoing a period of change. The board, composed of five members, plays a pivotal role in shaping the future of gaming in the state. This article explores recent member changes, the board's responsibilities, and the upcoming decisions regarding the allocation of three valuable casino licenses. Recent Appointments to the GFLB. The board recently welcomed Terryl Brown, the vice president and general counsel at Pace University. Her appointment was unanimously approved by the New York State Gaming Commission, following the abrupt resignation of former Ponce Bank CEO Carlos Naudon in February 2024. Ms. Brown brings a wealth of experience from her previous role as deputy commissioner of legal affairs for the New York City Fire Department. As a member of the GFLB, alongside Chair Vicki Been and board members Marion Phillips, III, Stuart Rabinowitz, and Greg Reimers, she will be instrumental in evaluating proposals for the three casino licenses slated for New York's downstate region. This isn't an isolated incident. Quenia Abreu, president of the New York Women's Chamber of Commerce, also resigned from the GFLB in November 2024. Her departure was quickly followed by the appointment of Marion Phillips III, an executive at U.S. News & World Report, to fill the vacancy. Additionally, Greg Reimers, a former executive at JPMorgan Chase, took over a seat that had been vacant since 2023. The significance of the GFLB's role. The decisions made by the New York Gaming Facility Location Board have far-reaching implications for the state's economy and communities. Each of the three casino licenses carries a significant $500 million fee, representing a substantial investment in the state. The board's responsibility extends beyond mere location selection; they must carefully consider factors such as economic impact, community benefits, and responsible gaming initiatives. Key Responsibilities of the GFLB. * Site Selection: Determining the optimal locations for the three casinos within New York's downstate region. * Economic Impact Assessment: Evaluating the potential economic benefits, including job creation and tax revenue generation. * Community Benefits: Ensuring that casino developments provide tangible benefits to the surrounding communities. * Responsible Gaming: Establishing guidelines and regulations to promote responsible gambling practices. Eligibility criteria for GFLB members. To ensure impartiality and expertise, GFLB members must meet specific criteria. They must be residents of New York with at least 10 years of experience in fields such as accounting, finance, economics, commercial real estate, or in an executive capacity within a large organization. Crucially, board members are prohibited from having close relationships with individuals in the gaming industry or holding financial interests in gaming companies or their affiliates. This stringent requirement aims to maintain public trust and integrity throughout the licensing process. Timeline for license allocation. The GFLB is anticipated to commence reviewing applications for the three casino concessions in the near future. A decision regarding the allocation of these licenses is expected before December 1, 2025. This timeline underscores the importance of the board's ongoing work and the anticipation surrounding this significant development for New York. The composition of the GFLB has evolved since its inception in 2014, with previous members including prominent figures like Paul Francis, Dennis Glazier, Kevin Law, and William Thompson. The current changes reflect the dynamic nature of the board's responsibilities and the ongoing process of selecting locations for these major gaming ventures. Conclusion. The New York Gaming Facility Location Board remains a vital institution in shaping the future of gaming in the state. Recent member changes highlight the ongoing work required to oversee the allocation of the three casino licenses, each representing a significant economic investment for New York. The board's commitment to expertise, impartiality, and responsible decision-making will be crucial as they move forward with the application review process, aiming for a decision before the end of 2025. Featured Image Keyword: New York casino landscape