DESCRIPTION: Duties: Structure, price, and handle equity exotic risk spanning retail structured products, light exotic derivatives including exotic variance, cliquets, and equity-linked hybrids within a client-focused trading team. Price and trade exotic derivatives as requested by clients. Execute cross-asset risk hedges in stock, future, and options to manage the risk profile for the desk. Perform market analysis to identify growth opportunities for the business and manage pricing parameters to expand market share. Review and provide commentary for drivers of daily profit and loss for the desk. Facilitate trade bookings, settlements, and trade lifecycle checks in coordination with operations teams. Run ad hoc risk analysis on new and existing trades to improve the desk's risk management profile. Work with quantitative research and technology teams to enhance pricing models and strategic risk management systems. QUALIFICATIONS: Minimum education and experience required: Master's degree in Financial Engineering, Operations Research, Finance, Economics, Mathematics, or related field of study plus three (3) years of experience in the job offered or as a Trader, Quantitative Research, or related occupation. The employer will alternatively accept a Bachelor's degree in Financial Engineering, Operations Research, Finance, Economics, Mathematics, or related field of study plus five (5) years of experience in the job offered or as a Trader, Quantitative Research, or related occupation. Skills Required: Requires experience in the following: Vanilla and exotic financial derivatives including options, futures, variance swaps, cliquets, barrier options and correlation products; Valuation and modeling of equity exotic products with numerical solution methods including Monte Carlo, and finite difference methods; Derivative strategy back testing for volatility arbitrage trades; Derivative greeks and risk dynamics of path dependent and discontinuous exotic products; Python; SQL including Derivative pricing library development; collaborating with stakeholders in a financial setting including sales, structuring, quantitative research, and control functions; using mathematical techniques and statistics for option pricing as well as data analytics and optimization. Job Location: 383 Madison Ave, New York, NY 10179. Full-Time. Salary: $285,000 - $285,000 per year. JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 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. JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans **Base Pay/Salary** New York,NY $285,000.00 - $285,000.00 / year