Quant jobs / JPMorgan

Quantitative Trading & Research – Energy (Power and Gas)

A build-focused quant role supporting the physical Power and Natural Gas trading desks within JPMorgan's energy trading business. You would own pricing and risk models end to end.

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 valuation models for physical assets with optionality such as generation, storage and transport
Model drivers like load, transmission constraints and locational basis
Write pricing, calibration and backtesting tools that traders use daily
Support new physical trading opportunities with sales and traders
Contribute to signal research for systematic energy trading

What they ask for

Required

Master's or PhD in a quantitative field, or equivalent
3+ years as a quant supporting physical power or gas trading
Valuation models for physical assets
ISO/RTO power markets and gas storage and transport
Stochastic calculus, optimisation, Monte Carlo
Python to production standard
Working directly with traders

Preferred

Systematic commodity strategy backtesting
Renewables and intermittent generation

Education: Master's or PhD in a quantitative field, or equivalent experience
Experience: 3+ years as a quant on physical power and/or gas trading
Languages and tools: Python
Markets: commodities

How to prepare

Value a gas storage facility with a least-squares Monte Carlo or dynamic programming model
Learn how nodal power prices and basis work in US ISO markets
Model a spark spread option and compare methods
Build a simple load and price forecasting backtest in Python

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.