Apply Now    

CIB – Cash Equities Energy Desk Analyst – VP – New York

Req #: 180020012
Location: New York, NY, US
Job Category: Sales/Trading/Research
Potential Referral Amount: 0 US Dollar (USD)

Risk manage a large portfolio of volatility products (vanilla options, variance swaps, volatility swaps, options on variance swaps, delta-one swaps) involving the VIX as well as their respective listed ETFs and ETNs. The primary role would be build and develop our VIX market making business by closely working with members of the Flow Index Derivatives desk, Quantitative Research / Strategists, cross-asset marketing teams, and the Equity Derivatives sales team in order to produce customized investment solutions to our institutional client base. Additionally, work with Technology towards building trading tools, data analytics, and improve risk management systems to improve the overall trading platform within VIX market making. Develop trading tools that help price and risk manage large illiquid Volatility risk by identifying arbitrage opportunities between VIX-based products, vanilla SPX options, SPX variance / forward starting variance, and their respective ETPs / futures. Coordinate with technology, quantitative research, and market risk to develop a more robust and quantitative approach to risk management and develop tools to analyze VIX flows and their impact on the volatility market.

• Bachelor’s degree or equivalent Financial Engineering, Applied Mathematics, Computational Finance, or a related quantitative field.
• 3-5 years trading experience. Must have experience in risk management, pricing, and facilitating client requests in VIX options, vol of vol products and other derivative products
• Must have knowledge of differential equations, calculus and numerical methods
• Experience utilizing local volatility models, stochastic volatility models, and interest rate stochastic models to price and analyze the risk of equity and hybrid financial derivatives
• Must have experience market making, facilitating and trading VIX options in order to provide our institutional clients tailor-made solutions to their investment needs
• Have a basic knowledge of rates, credit, FX and commodity options
• Must have strong economic knowledge and be able to formulate precise macro views
• Must be entrepreneurial to lead open-ended projects sitting between trading, quantitative research and cutting-edge technology
• Series 7,63,55

Apply Now    

Join our Talent Community

Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.

Things to note

Sign in to our application system to continue your job search or update your profile.

Current employees sign in here. Contractors sign in here.

Any information you provide is confidential and will only be viewed by our recruiters in an effort to fill open positions. In addition, the information you provide is subject to our privacy policy practices.

Please note that J.P. Morgan will not accept unsolicited approaches or speculative CVs, nor will J.P. Morgan be responsible for any related fees, from Third Party Firms who are not preferred suppliers.

The firm invites all interested and qualified candidates to apply for employment opportunities.

Need disability related assistance?

If you are a US or Canadian applicant with a disability who is unable to use our online tools to search and apply for jobs, please click here.

Important links

Click here to view the "EEO is the Law" poster.

Click here to view the "EEO is the Law" supplemental poster.

Click here to view our U.S. Pay Transparency Policy.

JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.