Global Markets Group

Mumbai

Global Markets:

Quant Research (Programming)

Junior Analysts/Analysts

J.P. Morgans Global Markets Group (GMG) in Mumbai was set up in 2013 as an extension of the Firms global markets
teams around the world. GMG is a fast growing team covering multiple asset classes across geographies. GMG provides in-
depth knowledge that is behind our Investment Banking, Structuring, Sales & Trading and Research businesses around the
globe. Deeply integrated with our Investment Banking business, the team facilitates deals and transactions by providing vital
research and insight.

This position is a Quant profile to support the activities of the Quantitative Research Group in London, sitting out of GMG
in Mumbai. The QR Mumbai team plays a critical role in providing effective, timely and independent assessments of the
Firms booking models of exotic structures and also help in developing new models for structures as and when necessary.

The primary responsibilities for this role will include:

Programming: Must have demonstrated programming experience with C++. Experience in working / creating
customized C++ libraries will be a plus.
Software Engineering: Duties including the full-range of programming tasks problem analysis, solution
determination, code design and development, integration, test, modification and documentation
Model Development: Devising/improving models on new/existing product strategies, building models in the
firms platform, back-testing of strategies and reconciling back-tests with model outputs.
Product Pricing models: Independently prepare pricing models for derivative product structures using internal
pricing models as per the client requirements.
Booking/ Deal Review: Independent quantitative evaluation of complex and technical models, focusing on
payoff construction and would cover methodology, construction and testing of models.
Reporting and Compliance: Familiarity with internal and regulatory guidelines on Model assessment and
Reporting; Implementation of remediation; reviewing the process of trade booking in the proprietary systems

The candidate will need to work very closely with QR team in London, supporting them just as a direct extension of the
team sitting out of Mumbai. Overall, the candidate will need to work closely with teams in Asia-Pacific and/or London
and/or New York and will need to be proactive to improve desk efficiencies, access and learn J. P. Morgans highly
sophisticated solutions.
Essential Skills:

Highly analytical bent of mind and quantitative skills; high level of proficiency in C++ / Python programming; High
performance computing
Close attention to detail and ability to work to very high standards
Good communication and team skills in a multi-location set up
Relevant experience in similar roles in Quant Research and Model Development will be an
advantage

Ideal candidates for these positions would be a graduate/post-graduate from a premier college or institute. A
computer science or mathematics background will be most suitable.

J.P. Morgans Global Markets Group (GMG) provides a challenging work environment and excellent opportunities to learn and
grow both at the GMG and in the Firms global network.