The Corporate & Investment Banking Research & Analytics is an integrated specialist team covering Origination (Banking and Markets), Products (Securities Services and Treasury Services), Research and Data Analytics globally. We help global corporations, institutions and organizations of all sizes grow their businesses by providing cutting edge analytics and solutions. This group provides you an opportunity to collaborate and work in a high paced global environment and develop a wide range of technical (financial, analytical, quantitative, and coding) and interpersonal skills. Depending upon the function you are part of, you will be making an impact in providing solutions to our Corporate & Investment Banking clients.
J.P. Morgan’s Markets Group (part of CIB Research & Analytics) in India was set up as an extension of the Firm’s global markets teams across regions. It’s a growing team covering multiple asset classes within the Markets umbrella – Fixed Income /Equities - across geographies. The activities can be broadly bucketed as Sales, Trading & Structuring, Finance and Sales support.
As an Associate in the Structuring and Trading team in GIFT City, Ahmedabad, you will also be interacting with onshore clients while supporting the onshore Structuring teams.
Job responsibilities:
- Designing and valuing derivative products as part of Structuring and Pricing.
- Onboard clients on nexus desktop so they can send rebalances as well as to get the analytics features of nexus desktop and VIDA (JPM tech platform).
- Discuss/propose with traders on the hedging methodology and provide sample results if required, in case of complex trades.
- Role offers good opportunities to independently suggest ideas and drive J.P. Morgan Investable Indices platform development.
- Evaluating existing and new proprietary strategies (Back Testing and Analysis).
- Conducting market research to inform product development and strategy.
- Analyze research reports and trade ideas to develop client-relevant strategies.
- Create pitch books and factsheets that align products with current market conditions.
- Manage lifecycle events and address client queries related to settlements, calculations, reconciliations, and legal documents.
- Steer automation and process improvements, develop automations for daily tasks, and enhance automated pricing tools to meet client needs.
The team collaborates closely with global trading, sales, and structuring teams, covering product classes like Equity Derivatives, Rates, FX, Alternatives, and Commodities. A proactive approach to improving desk efficiencies and leveraging J.P. Morgan’s sophisticated strategies is essential.
Required qualifications, capabilities, and skills:
- Idea analysis and generation: Working with the Structuring/Sales desks on various flow and tailor made structuring requests, building models in excel, back-testing of strategies, reconciling back-tests prepared in parallel. Expected to take up initiatives to come up with product ideas based on market research and analysis.
- Model development: Perform in-depth data analysis, using statistical and machine learning techniques, to creatively build alpha-generating investable index strategies catering to the diverse needs of institutional clients.
- New product development: Implementing new ideas that team generates, devising/improvising on new strategies, coding and back testing strategies in Python.
- Product Pricing: Devise and provide pricing on derivative structures using internal pricing models as per the client requirements.
- Platform Development: Role offers good opportunities to independently suggest ideas and drive J.P. Morgan Investable Indices platform development.
- Business Intuition: Translate business needs into quantitative analyses and tools; communicate complex results to senior stakeholders in a clear and precise manner.
- Market Monitoring: Compile periodic reports on key developments in the economy, interest rate and currency markets and providing customized market outlook based on internal market research reports.
Preferred qualifications, capabilities, and skills:
- Knowledge and Experience: Strong understanding and hands-on experience in pricing derivatives, including indices, futures, and options.
- Equities, FX, Rates, Credit, Commodities: In-depth market knowledge of one or more of these asset classes.
- Object-Oriented Programming: Proficiency in any object-oriented programming language.
- Functional/Statistical Programming: Experience with languages such as Python, which are used for statistical and numerical analysis.
- VBA: Advanced user of MS Excel, with VBA knowledge being an advantage.
- Financial Concepts: Ability to understand and apply financial concepts.
- Probability Theory, Statistics, and Machine Learning: Knowledge in these areas is advantageous for developing and analyzing trading strategies.
- Advanced skills in MS Office, including the use of VBA for automation and complex calculations.
- Ability to work effectively in a team spread across different geographical locations.
- Strong written and verbal communication skills to present findings clearly to both technical and non-technical audiences.
- High Standards: Close attention to detail and the ability to maintain high standards in work output.
Join Us
At J.P. Morgan, we’re creating positive change for the diverse communities we serve. We do this by championing your innovative ideas through a supportive culture that helps you every step of the way as you build your career. If you’re passionate, curious and ready to make an impact, we’re looking for you.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
