JP Morgan Chase

Runs a consumer bank and an investment bank

Equities – Systematic Trading - Executive Director

Quantitative Trading / Algorithm DevelopmentConfirmed live in the last 24 hours

Full-timeNew York, NY, USA$200k - $350kIn-person

About the Job

Requirements

Experience trading and managing risk in US markets.
A proven track record of systematic trading profitability and understanding of common systematic trading strategies.
Fluency in quantitative data analysis using current tools, preferably Python, pandas, and KDB.
Organizational and time-management skills.
Strong real-time and technical communication skills.

Responsibilities

Research and implement trading signals and liquidity-provision strategies in US cash equities and futures.
Develop alpha signals to overlay across the entire Central Risk Book portfolio.
Manage and track the profitability of productionized trading and alpha signals.
Oversee and develop systematic risk management for the desk’s portfolio using risk models and optimizers.
Develop risk-pricing and execution-cost models to reduce costs and improve profitability.
Collaborate proactively with Central Risk Book technology and quantitative research team members, as well as the global Central Risk Book team.

Job Description

As an Executive Director Trader of US Cash Equities Central Risk Book (CRB) in Global Equities you will work in close partnership with our technology and quant research professionals to enhance client execution through systematic liquidity provision, research & implement strategies to improve desk profitability and manage the risk & operation of our systematic trading.

US Cash Equities provides risk and agency-trading capabilities to global clients executing in US-listed stocks.

Job responsibilities

Research & implementation of trading signals & liquidity provision strategies in US cash equities & futures
Development of alpha signals to overlay across the entire CRB portfolio
Manage and track the profitability of productionized trading and alpha signals
Oversight & development of the systematic risk management of the desk’s portfolio using risk models & optimisers
Development of risk pricing & execution cost models to reduce costs & improve profitability
Collaborate proactively with the CRB technology & quant research team members, as well as with the global CRB team

Required qualifications, capabilities, and skills

Experience trading & managing risk in US markets
Proven trading track record of systematic trading profitability & understanding of common systematic trading strategies
Fluency in quantitative data analysis using latest tools, preferably python, pandas & KDB
Organizational and time management skills
Strong communication, both real-time & technical communication

Base Pay/Salary: New York,NY $200,000.00-$350,000.00

About the Company

JP Morgan Chase

Runs a consumer bank and an investment bank

JPMorgan Chase runs the largest bank in the United States, which serves households and small businesses as Chase and large companies, governments, and investors as J.P. Morgan. During the 2008 financial crisis it bought the failing investment bank Bear Stearns and lender Washington Mutual, and in 2023 it took over First Republic Bank after regulators seized it. Chase takes deposits and earns interest on credit cards, mortgages, and car loans, while the investment side earns fees for advising on mergers, raising money for companies, trading stocks and bonds, and managing wealth. Formed in a 2000 merger, JPMorgan Chase traces its roots to 1799 and is based in New York City.

Company size: 10,001+
Company stage: IPO
Headquarters: New York City, New York
Founded: 1799

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