Quant jobs / JPMorgan

Quantitative Researcher – Commodities Metals

Front-office quant supporting the base and precious metals trading businesses with pricing and risk models. Sits in the commodities quantitative trading and research team in London.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Build and refine pricing models for metals derivatives
Implement models into the quant library and trading risk platform with tests and documentation
Fix model issues raised by traders and sales
Extend the risk platform traders use to hedge and aggregate positions

What they ask for

Required

Advanced degree in a quantitative field
Front-office trading environment experience
Derivatives pricing models and hedging techniques
Strong programming across several languages
Communication and project leadership

Preferred

Commodities or FX market experience

Education: Advanced graduate degree in maths, physics, statistics, engineering, quantitative finance or computer science
Experience: Front-office quant experience, preferably in commodities or FX
Markets: commodities, fx, options

How to prepare

Implement Black-76 and a Schwartz-style mean-reverting commodity model, then calibrate to futures curves
Study metals forward curves, convenience yield and LME contract structure
Practise hedging a book of options with Greeks and scenario ladders
Write clean, tested library code in a language you know well

What to study

The Energy Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on JPMorgan’s site before applying: requirements, location and pay can change after we check them.

View the posting on JPMorgan’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with JPMorgan and doesn’t handle applications.