Equities - Systematic Trading - Executive Director

Location: New York, NY, United States

Job Family: Algo Trading

About the Role

At JPMorgan Chase & Co., one of the world's leading financial services firms, the Equities team plays a pivotal role in executing large-scale equity transactions while delivering strategic insights to optimize trading performance. As an Executive Director in Systematic Trading, you will spearhead the development and implementation of advanced algorithmic strategies within our dynamic New York trading floor. This role is at the forefront of innovation in the equities markets, where you'll leverage cutting-edge technology to navigate complex market conditions, minimize execution costs, and generate alpha for institutional clients. Reporting to senior leadership in the Global Markets division, you'll drive the firm's commitment to excellence in electronic and systematic trading, ensuring seamless integration with broader investment banking and asset management operations. Your primary focus will be on architecting robust systematic trading frameworks that handle high-volume equities orders with precision and efficiency. This includes collaborating with quantitative researchers, software engineers, and risk specialists to build, test, and deploy models that adapt to real-time market data. You'll analyze vast datasets from sources like Bloomberg and internal feeds to refine execution algorithms, incorporating elements of machine learning to predict liquidity and volatility. In this high-impact position, you'll also mentor a team of traders and developers, fostering a culture of continuous improvement while adhering to stringent regulatory standards such as MiFID II and SEC guidelines. Your strategic contributions will directly influence the firm's competitive edge in the fast-evolving landscape of electronic trading. JPMorgan Chase offers an unparalleled platform for career growth in a supportive, inclusive environment that values diversity and innovation. Joining our Equities Systematic Trading team means becoming part of a global network of experts dedicated to pushing the boundaries of financial technology. With access to state-of-the-art resources and a collaborative culture, you'll have the opportunity to shape the future of trading at a firm renowned for its stability and leadership in the industry. If you thrive in a challenging, results-oriented setting and have a passion for quantitative finance, this Executive Director role is your chance to make a lasting impact.

Key Responsibilities

• Develop and refine systematic trading strategies for equities, leveraging data analytics to enhance execution efficiency and alpha generation
• Lead a team of quantitative traders and developers in designing, testing, and deploying algorithmic trading models
• Analyze market data and performance metrics to provide strategic insights that optimize trading outcomes and minimize costs
• Collaborate with sales, research, and risk management teams to align trading strategies with client needs and firm objectives
• Monitor and manage real-time trading risks, ensuring compliance with internal policies and regulatory standards
• Innovate new algorithmic tools to handle large-scale equity transactions in volatile market conditions
• Conduct post-trade analysis and backtesting to iteratively improve systematic trading frameworks
• Mentor junior team members and contribute to the firm's broader equities trading technology roadmap
• Interface with technology teams to integrate advanced data feeds and AI-driven signals into trading systems
• Drive profitability by identifying opportunities in equities markets and executing high-volume trades with precision

Required Qualifications

• Bachelor's degree in Finance, Computer Science, Mathematics, or a related quantitative field; advanced degree (Master's or PhD) preferred
• 10+ years of experience in systematic trading, algorithmic trading, or quantitative finance within the equities markets
• Proven track record of developing and deploying high-frequency or systematic trading strategies in a major financial institution
• Deep understanding of equity market microstructure, including order types, liquidity provision, and regulatory requirements like Reg NMS
• Strong programming proficiency in Python, C++, or Java for building and optimizing trading algorithms
• Experience with risk management frameworks and compliance in high-volume trading environments
• Ability to lead cross-functional teams in a fast-paced, high-stakes trading floor setting

Preferred Qualifications

• Prior leadership role in a systematic trading desk at a bulge-bracket bank or hedge fund
• Familiarity with machine learning techniques applied to predictive trading models
• Experience with electronic trading platforms and APIs such as FIX protocol or Bloomberg EMSX
• CFA, FRM, or equivalent certification in quantitative finance
• Background in optimizing execution algorithms for minimal market impact and transaction cost analysis (TCA)

Required Skills

• Expertise in algorithmic trading and execution strategies
• Proficiency in Python, C++, or Java for quantitative modeling
• Advanced knowledge of equities market dynamics and microstructure
• Strong data analysis and statistical modeling skills
• Experience with machine learning and AI for trading signals
• Risk assessment and management in high-frequency environments
• Leadership and team management abilities
• Problem-solving under pressure in real-time trading scenarios
• Communication skills for cross-functional collaboration
• Familiarity with regulatory compliance in financial trading
• Backtesting and performance optimization techniques
• Quantitative research and strategy development
• Adaptability to evolving market conditions
• Attention to detail in code review and algorithm testing
• Strategic thinking for long-term trading innovations

Benefits

• Competitive base salary and performance-based bonus structure, with total compensation potential exceeding $500K for senior roles
• Comprehensive health, dental, and vision insurance plans with employer contributions
• 401(k) retirement savings plan with generous company matching up to 6% of eligible compensation
• Paid time off including vacation, sick days, and parental leave policies
• Professional development programs, including tuition reimbursement for relevant certifications and advanced degrees
• Wellness initiatives such as gym memberships, mental health support, and employee assistance programs
• Flexible work arrangements, including hybrid options for New York-based roles post-pandemic
• Access to JP Morgan's global mobility programs for career advancement opportunities worldwide

JP Morgan Chase is an equal opportunity employer.