Quant jobs / JPMorgan

Quantitative Researcher / Developer – Fixed Income QTR

A quant researcher and developer building pricing, risk and hedging models for fixed income, from vanilla flow to exotics. It sits in JPMorgan's Fixed Income Quantitative Trading and Research group, next to the desk.

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 pricing and risk models for rates products using PDE and Monte Carlo methods
Compute sensitivities efficiently, including adjoint differentiation Greeks
Build and calibrate yield curve and multi-curve discounting frameworks
Implement and test models in the C++ quant library and ship them to production
Look into curve and volatility behaviour with traders

What they ask for

Required

MSc or PhD in a quantitative discipline
Stochastic calculus and probability
Numerical analysis, PDE and Monte Carlo
Fixed income analytics and curve construction
Multi-curve and CSA discounting
Professional C++ development
Clear communication of maths

Preferred

Short-rate, HJM and LMM models
Algorithmic or adjoint differentiation
Python or Rust
Front-office derivatives experience
SecDB or Beacon style platforms

Education: MSc or PhD in maths, physics, engineering, statistics or a closely related field.
Experience: Professional C++ development; no years of experience stated.
Languages and tools: C++
Python
Rust
Markets: fixed-income

How to prepare

Build a yield curve bootstrapper with OIS discounting in C++ or Python
Implement a Monte Carlo pricer for a swaption and compare pathwise and bump-and-reval Greeks
Study HJM, LMM and short-rate models and when each is used
Learn adjoint algorithmic differentiation on a toy pricer
Brush up modern C++ for numerical libraries

What to study

The Rates 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.