Apply on Employer Site

Chase · 4 months ago

Quantitative Research Analyst

383 Madison Ave, New York, NY, 10179, US

Full-time

Onsite

Entry, Mid Level

$135K/yr - $200K/yr

Chase is seeking a Quantitative Research Analyst - Associate to support the Rates Fixed Income Financing desk in a dynamic working environment. The role involves model development and implementation, as well as supporting trading activities, pricing, and risk management for complex fixed income financing products.

BankingFinancial Services

Responsibilities

Develop Data Analytics, Artificial Intelligence and Machine Learning models, approaches and techniques for fixed income finance trading

Deliver analytics for historical back-testing and conduct research on market behaviors through statistical analysis

Provide on-site support to traders, control functions and other relevant teams: explain model behaviors and Profit and Loss (pnl)-prediction at request; conduct quick diagnosis on any reported model issue; identify major sources of risks in portfolio; carry out scenario analysis; facilitate new business/product structures, etc

Implement and maintain C++/Python analytics library; write well-formulated documents on testing and validation of models for internal and regulatory reviews/approval

Develop and maintain arbitrage-free financial models based on stochastic processes for pricing and risk management of interest rate derivatives

Qualification

C++PythonMathematicsStatistical AnalysisProblem SolvingCommunication Skills

Required

Advanced degree (PhD, Master or equivalent) in Mathematics, Math Finance, Physics, Engineering or other quantitative fields

Good understanding on advanced mathematical topics, e.g. statistics, linear algebra, numerical analysis, probability theory, stochastic calculus, partial differential equations etc

Strong engineering/scientific programming skills in C++/Python

Strong analytical and problem solving abilities

Strong communication skills, both oral and written