If you are an innovative thinker who enjoys working in a team and has an interest in the financial markets, JPMorgan has a range of opportunities that are specifically suited to you.

What might you be doing?

We have a variety of roles available within Exotics & Hybrids, Proprietary Trading, Foreign Exchange (FX) and Quantitative Research. Whichever business area you end up working in you will be sure of a challenging and intellectually stimulating career.

Quantitative Research at JPMorgan is the industry leader in financial engineering, derivatives modelling and risk management. It plays a central role in product innovation, hedging and control. The group consists of more than 180 analysts who work with traders, marketers and risk managers across all regions and asset classes.

The team develops and maintains sophisticated mathematical models, cutting-edge methodologies and infrastructure that are used to value and hedge financial transactions ranging from flow products to complex derivatives. It develops portfolio risk measurement methodologies as well as working on models for economic capital and credit and market risk exposures.

Your role in Quantitative Research will be varied. It could include developing mathematical models for pricing, hedging and risk measurement or supporting trading activities by explaining model behaviour or implementing risk measurement and valuation models, to name just a few.

Can I do this?

You have a PhD or equivalent degree in a highly quantitative discipline such as engineering, maths or computer sciences and can demonstrate exceptional analytical, quantitative and communication skills. You have mastered the advanced mathematics and numerical analysis needed for derivatives pricing but also display creative thinking. You have demonstrable skills in designing effective numerical solutions in a suitable programming language such as C/C++. You are also someone who thrives on the challenge of competitive pressures in a fast-paced environment, while working well with colleagues from diverse backgrounds.

We understand that standard internship recruiting cycles don't necessarily match the needs of our PhD candidates and therefore we recruit all year round with flexible joining dates and internship durations. In addition we sometimes offer flexible work arrangements in which interns work three days a week while finishing their studies.