Quantitative Trading & Research - Equity Derivatives - Associate

The Quantitative Trading & Research team is experienced in developing models, algos and analytical capabilities to improve our sales teams and how we engage with clients. Job Summary As an Associate in the Quantitative Trading & Research team, you will develop quantitative models, algorithms and analytical capabilities that improve how Sales teams engage with clients. You will transform complex data into relevant signals, dynamic client content, trade ideas and post-trade opportunities, including rolls, supporting inbound and outbound client workflows. You will own the research lifecycle from problem framing and data preparation through methodology, evaluation, production implementation and monitoring, partnering with Technology, Data and Product on integration. You will use statistical methods, ML and LLMs where they add value. Job Responsibilities

• Research, develop and validate models and algorithms for data processing, signal identification, opportunity prioritization and Sales analytics.
• Construct reproducible research datasets and develop methods for extracting, enriching and interpreting structured and unstructured data.
• Build reusable executable analytical capabilities, including tools, skills and plugins, that encode research methods for use in Sales applications and AI-assisted workflows.
• Develop dynamic, data-derived client content grounded in analytical insights, with clear source attribution and supporting rationale, for outreach and responses to inbound requests.
• Develop algorithms to generate trade ideas and identify post-trade opportunities, including rolls, using client positions, objectives, product characteristics and market conditions.
• Design experiments and evaluation benchmarks, compare approaches against baselines, and use error analysis and Sales feedback to improve analytical quality and business impact.
• Implement and maintain production-quality analytical code, with testing, reproducibility, explain ability and monitoring of model and output performance.
• Partner with Sales to identify valuable research problems, and with Technology, Data and Product to integrate analytical capabilities into shared platforms, retaining ownership of methodology and analytical logic while reusing existing data services and workflow infrastructure.

Required Qualifications

• Strong Python and SQL skills, with experience developing modular, testable analytical software for production use.
• Strong quantitative foundations in probability, statistics, numerical methods, machine learning or related disciplines.
• Experience designing, implementing and evaluating models, algorithms or analytical techniques against real business problems.
• Hands-on experience working with complex datasets, including data preparation, feature engineering, validation and reproducible analysis.
• Ability to design rigorous experiments, interpret results, diagnose failure modes and demonstrate measurable improvements.
• Advanced degree in Mathematics, Statistics, Computer Science, Data Science, Physics, Engineering, Quantitative Finance or a related field.
• Ability to explain analytical methods, assumptions and trade-offs clearly to technical and non-technical stakeholders.
• Practical judgment and ownership of research delivery, with appropriate handling of confidential data and adherence to established risk and change controls.

Preferred Qualifications

• Experience with derivatives products, client portfolios or positions, Sales analytics, or trade-lifecycle opportunities such as rolls.
• Experience analyzing financial, client-interaction or time-series datasets to identify actionable signals.
• Experience developing recommendation or prioritization algorithms, or dynamic analytical client content with traceable sources.
• Experience applying ML or LLMs to data interpretation, retrieval, content generation or decision support, including evaluation and monitoring.
• Experience integrating analytical code into applications or AI agents through reusable tools, skills, plugins or MCP interfaces.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans