CIB - Quant Trader - Associate / VP - HK
Location: HK-Hong Kong-Hong Kong-Chater House / 03761
About J.P. Morgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgan is available at www.jpmorganchase.com
About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
About J.P. Morgan Equities
J.P. Morgan's deep roots, wide footprint and strong global distribution platform enable the firm to provide a wide range of first-class equities solutions to investors and issuer clients across Asia.
With a dedicated equities team in Asia covering equity sales, trading, execution, research and equity derivatives, J.P. Morgan offers the broadest reach and innovative solutions to its equities clients, with strong local execution capability in all major exchanges in Asia.
Key Responsibilities covered by these areas:
This role sits within the front office and will be working in a dynamic and busy trading floor environment. you will help senior traders cover institutional accounts and make markets in your group's particular range of products. You will assist the senior traders in managing risk, liquidity and exposure and you may support all aspects of the trading desk: pre-trade analysis, research on index constituent changes, inbound and outbound trade processing and the design of optimal strategies for large trades. Tracking supply and demand, you constantly evaluate market developments in order to give clients accurate product information. You may be placed in a commodity, credit, equity, fixed income, or foreign exchange product group.
Develop innovative new quantitative trading strategies and work on improving existing ones
Work with senior traders and the QR team to backtest strategies and alphas
Collaborate with a team of developers to design, develop and refine models
Help develop tools, including post trade analytics and improve backtesting framework
Ensure all relevant parties (vertically and horizontally) are kept abreast of key developments; Provide a solution-based framework to business practice and clients; Take the initiative to make things better
Cultivate an appreciation of balance between revenue generation and building a client franchise
Understand drivers of relevant markets and establish a high degree of competence with clients around executing trades
Understands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies
Build foundation of trust with clients by demonstrating an understanding of their needs and being responsive
Assist with the post trade process by ensuring the accuracy of all entries and to ensure internal controls are followed
Proactively share information, knowledge and ideas that help others succeed
Play an active role in training and developing juniors; Take a leading role in people initiatives (recruiting, mentoring, training)
These points have been carefully considered as being essential for the role. Your background must accurately reflect all of these for your application to be considered.
Experience working within an investment bank
Experience with High-frequency or medium-frequency type of strategies
Strong programming skills in python, R, or Matlab. Experience with Java/C# is also a plus.
Comfortable with analyzing large data sets
Advanced degree (Quantitative MS or PHD) in Statistics, Physics, Mathematics, or computer science.
Demonstrable proficiency with market and product lingo. Well versed in the quantitative nature and framework of own product (e.g., pricing, models, etc).
Ability to discuss in detail your knowledge of the direct costs of "doing business" along the transaction lifecycle;
Understands the different types of risk and can discuss in detail ways of managing these risk.
Thoroughly understands drivers of relevant markets and can explain and anticipate market movements.
Understands transaction cycle and the steps in the process and is execution oriented.
Ability to thrive on the challenge of competitive pressures and remain focused on client needs
Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.
Ability to interact comfortably with business clients and management.
Self-directed, highly motivated, and able to work independently
English fluency is essential
Mandarin Fluency would be an advantage
JPMorgan offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan is an Equal Opportunity Employer.
- Asset Allocation
- C (Programming Language)
- Computer Programming
- Equity Derivatives
- Fixed Income
- Internal Control