# Quantitative Trading and Research – Equity Derivatives Exotics - Associate

[J.P. Morgan](https://www.jorb.ai/firms/j-p-morgan.md) · New York · United States · [Hedge Fund & Quant](https://www.jorb.ai/jobs/hedge-fund-quant.md)

J.P. Morgan is hiring a Quantitative Trading and Research – Equity Derivatives Exotics - Associate in New York. Posted 2026-08-06; applications close 2026-10-05.

**Apply**: https://jpmc.fa.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1001/job/210778008

Posted 2d ago.

## Role details

## Job Summary

The Quantitative Trading and Research (QTR) Equity Derivatives team is looking for a junior quant to focus on exotic products. As an Associate for the Quantitative Equity Derivatives Exotics team, you will use quantitative techniques, including machine learning, to deliver end-to-end solutions for the business. This includes introducing a strategic framework to strengthen risk and P&L control and facilitate lifecycle management; developing derivative pricing and lifecycle models; and identifying and monitoring associated model risks.

## Responsibilities

  
- Develop a scalable risk-management and lifecycle-modeling framework capable of handling the full range of products across all regions globally.
  
- Model derivative products using C++ and Python hybrid programming to meet business requests.
  
- Drive payoff innovation using the product design framework and machine learning techniques.
  
- Streamline product review under the product design framework and provide clear model documentation to facilitate model approvals.
  
- Evaluate quantitative methodologies, including identifying and monitoring model risks associated with derivative valuation models.
  
- Support trading activities by explaining model behavior, identifying major sources of risk in portfolios, and carrying out scenario analyses.

## Required Qualifications, Capabilities, and Skills

  
- Master’s or PhD degree in a quantitative field from a top university.
  
- 1–3 years of experience in derivatives quantitative research.
  
- Strong programming skills in C++ and Python, as well as numerical packages.
  
- Experience with statistical analysis and machine learning.
  
- Experience with derivatives pricing models and equity derivatives products.
  
- Solid understanding of the application of Monte Carlo simulation and finite-difference PDE in derivative pricing.
  
- Ability to communicate effectively with business stakeholders.
  
- Prior experience in a front-office quantitative research role.

## Preferred Qualifications, Capabilities, and Skills

  
- Knowledge of risk management frameworks and regulatory requirements.

## Applying to this role

This Quantitative Trading and Research – Equity Derivatives Exotics - Associate role at J.P. Morgan runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications.

[Tailor this application](https://www.jorb.ai/signup?ref=job-atom&firm=j-p-morgan&job=6a74e92d332a29fcd79a8328)

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Updated: 2026-08-09
Canonical: https://www.jorb.ai/jobs/6a74e92d332a29fcd79a8328