Commercial & Investment Bank - Automated Trading Strategies Market Microstructure & High Frequency Trading Specialist - Vice President

Location: LONDON, LONDON, United Kingdom

Job Family: Algo Trading

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide, committed to helping its clients achieve their ambitions by applying innovative thinking. Within the Commercial & Investment Bank, the Automated Trading Strategies team is at the forefront of leveraging cutting-edge technology to drive superior trading outcomes. We are seeking a Vice President-level Market Microstructure & High Frequency Trading Specialist to join our London-based team. This role offers a unique opportunity to contribute to the development of sophisticated algorithmic strategies that capitalize on market inefficiencies, enhance liquidity provision, and optimize execution costs in fast-paced electronic markets. As a key member of the team, you will dive deep into the intricacies of market microstructure, analyzing order book dynamics, latency impacts, and behavioral patterns of market participants. Your responsibilities will include designing and deploying high-frequency trading models that integrate real-time data analytics with predictive algorithms to execute trades at optimal prices. Working closely with quants, developers, and traders, you will refine strategies across asset classes such as equities, foreign exchange, and derivatives, ensuring alignment with JPMorgan Chase's rigorous risk management standards and global regulatory landscape. This position demands a blend of theoretical expertise and practical implementation skills to navigate the complexities of modern trading ecosystems. At JPMorgan Chase, we value innovation, integrity, and inclusion, providing a collaborative environment where your contributions can shape the future of automated trading. This role not only offers intellectual challenge but also the chance to grow within one of the world's most respected financial institutions, with access to unparalleled resources and career development opportunities in London and beyond.

Key Responsibilities

• Develop and optimize automated trading strategies focused on market microstructure and high-frequency trading to enhance execution efficiency across global markets
• Analyze order book data and market dynamics to identify trading opportunities and mitigate risks in real-time
• Collaborate with quantitative researchers, traders, and technology teams to design low-latency trading infrastructure
• Implement and backtest algorithmic models using historical and live market data to ensure robustness and profitability
• Monitor and refine trading strategies to comply with regulatory requirements and internal risk policies at JPMorgan Chase
• Conduct performance attribution analysis on trading algorithms to drive continuous improvement
• Contribute to the firm's automated trading platform by integrating new microstructure models and HFT techniques
• Liaise with external vendors and exchanges to stay abreast of evolving market protocols and liquidity sources
• Support the training and mentoring of junior team members in advanced trading concepts
• Participate in firm-wide initiatives to advance technology-driven solutions in the Commercial & Investment Bank

Required Qualifications

• Bachelor's degree in Computer Science, Mathematics, Physics, Engineering, or a related quantitative field; advanced degree (Master's or PhD) preferred
• Minimum of 5-7 years of experience in market microstructure, high-frequency trading (HFT), or automated trading strategies within a financial services environment
• Proven track record in developing and implementing algorithmic trading models, with a focus on low-latency execution and market impact minimization
• Strong understanding of electronic trading venues, order book dynamics, and regulatory frameworks such as MiFID II and Dodd-Frank
• Experience with programming in C++, Python, or Java for high-performance trading systems
• Familiarity with risk management practices in high-frequency trading, including latency arbitrage and market-making strategies
• Ability to thrive in a fast-paced, collaborative environment within a global investment bank

Preferred Qualifications

• Experience at a top-tier investment bank or proprietary trading firm, such as JPMorgan Chase or similar
• Publications or contributions to academic/research work on market microstructure or quantitative finance
• Certification in quantitative finance (e.g., CQF) or relevant professional qualifications like CFA
• Hands-on experience with FPGA programming or hardware acceleration for trading systems
• Prior involvement in cross-asset class trading strategies (e.g., equities, FX, fixed income)

Required Skills

• Proficiency in C++ for developing high-performance, low-latency trading applications
• Advanced knowledge of market microstructure theory, including order flow toxicity and adverse selection
• Expertise in Python for data analysis, backtesting, and machine learning applications in trading
• Strong quantitative modeling skills using stochastic processes and time-series analysis
• Experience with real-time data feeds and APIs from exchanges like LSE, NYSE, or CME
• Understanding of high-frequency trading protocols, co-location, and microwave network technologies
• Risk assessment and mitigation techniques for algorithmic trading strategies
• Analytical problem-solving with a data-driven approach to market anomalies
• Excellent communication skills for presenting complex strategies to senior stakeholders
• Team collaboration in agile environments to deliver trading solutions under tight deadlines
• Familiarity with regulatory compliance tools and reporting in electronic trading
• Proficiency in SQL and big data technologies for handling large-scale market datasets
• Adaptability to rapidly evolving financial markets and technology stacks
• Attention to detail in code reviews and system testing to ensure reliability

Benefits

• Competitive base salary and performance-based bonus structure aligned with JPMorgan Chase's total rewards philosophy
• Comprehensive health, dental, and vision insurance coverage for employees and eligible dependents
• Generous retirement savings plan with employer matching contributions up to 6% of eligible compensation
• Paid time off including vacation, sick leave, and parental leave policies supporting work-life balance
• Professional development opportunities through JPMorgan Chase's internal training programs and tuition reimbursement
• Employee stock purchase plan and access to financial wellness resources
• Global mobility support for career advancement within the firm's international network
• Wellness programs including gym memberships, mental health support, and onsite fitness facilities in London

JP Morgan Chase is an equal opportunity employer.