The Systematic Trading Solutions STS team is an embedded front office technology team responsible for driving the development from idea generation to production implementation of analytics, data driven processes, automated trading, risk management tools and new electronic trading products for the Cash Equities business. Specific responsibilities include:
Risk Pricing / Trading / Portfolio management: supporting the pricing, risk management, and execution of principal trades on the PT, ETF, single-stock, and derivatives trading desks via the firm's central risk book as well as other trading and analytics tools. This can also involve the deployment of automated trading processes including algorithmic strategies and trading signals which optimize trading quantitatively to directly drive PnL.
Electronic Trading: developing new electronic trading products to serve clients on a principal basis. This include building and improving existing trading algorithms, improving venue selection and timing in the smart order router, and creating electronic tools to allow clients to interact with our principal liquidity.
Data & Analytics: designing and developing Equities-wide analytics to measure and improve various aspects of businesses profitability, analyze potential trading opportunities and hedging strategies. STS will be responsible for both building the data and analytics tools and using these to drive change to the business, improving how we serve clients and generate revenues. Specific examples include: optimizing our automated IOIs to target clients based on their liquidity needs and historical trading behavior, back-testing different trade out and risk management strategies for a large basket trade on the program trading desk or optimally hedging ETF relative to its constituents.
Successful candidates will have some amount of programming experience, and will be enthusiastic about a role that includes some programming.
Additionally, successful candidates will be interested in constant and direct engagement with other stakeholders in the business, and will be willing to learn both the practical as well as the mathematical aspects of equities trading.
Experience in python, specifically using pandas and numpy, or experience with Q/KDB preferred.
Experience in high-touch or algorithmic trading, including market impact modelling, venue analysis algo selection, micro structure or central risk books preferred.
· Good communication skills especially when describing problems and explaining solutions
· Ability to work in a fast paced environment
· Great problem solving skills for problems with a mathematical/technological background
· Disciplined approach to code management, testing and deployment practices and high quality delivery
· Entrepreneurial spirit and passion for spreading a culture of change towards data drive decision making
· Ability to manipulate and analyse complex, large scale, high-dimensionality data from varying sources
Our Corporate & Investment Bank relies on innovators like you to build and maintain the technology that helps us safely service the world’s important corporations, governments and institutions. You’ll develop solutions for a bank entrusted with holding $18 trillion of assets and $393 billion in deposits. CIB provides strategic advice, raises capital, manages risk, and extends liquidity in markets spanning over 100 countries around the world.
When you work at JPMorgan Chase & Co., you’re not just working at a global financial institution. You’re an integral part of one of the world’s biggest tech companies. In 14 technology hubs worldwide, our team of 40,000+ technologists design, build and deploy everything from enterprise technology initiatives to big data and mobile solutions, as well as innovations in electronic payments, cybersecurity, machine learning, and cloud development. Our $9.5B+ annual investment in technology enables us to hire people to create innovative solutions that will not only transform the financial services industry, but also change the world.
At JPMorgan Chase & Co. we value the unique skills of every employee, and we’re building a technology organization that thrives on diversity. We encourage professional growth and career development, and offer competitive benefits and compensation. If you’re looking to build your career as part of a global technology team tackling big challenges that impact the lives of people and companies all around the world, we want to meet you.
©2017 JPMorgan Chase & Co. JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.