Quantitative Trading & Research - e-Trading - Executive Director

Job Responsibilities

• Partner with Electronic Client Solutions to define and prioritize the algorithm roadmap using data-driven insights, client needs, competitive context, and measurable outcomes.
• Develop a clear product analytics narrative (KPIs, benchmarks, adoption/usage, performance attribution) to support senior decision-making and investment cases.
• Translate client requirements into quantitative problem statements and implementable product specifications.
• Build, enhance, and govern TCA frameworks (benchmarks, market impact curves, peer/venue comparisons) calibrated on historical order, execution, and market data.
• Diagnose execution performance drivers (order size/urgency, liquidity, volatility, venue choice, algo selection, time-of-day effects) and convert findings into product recommendations.
• Establish monitoring, alerting, and post-release performance measurement for algorithm changes and new features.
• Conduct market microstructure research (venue structure, auctions, fee schedules, order types, dark vs. lit dynamics) and quantify the impact on execution outcomes and product design.
• Design and run empirical studies and controlled experiments (A/B tests) to evaluate routing, scheduling, and parameter changes; define success metrics and ensure robust statistical conclusions.
• Contribute to pre-trade and post-trade models that support strategy selection and parameterization, including regime-aware analysis where relevant.
• Collaborate with Technology and Algo Development to industrialize research into production-ready capabilities, including documentation, controls, and model/feature governance.
• Create client-facing content (methodology papers, execution strategy notes, performance reviews) and support client and internal stakeholder discussions with clear, defensible analytics.

Required Qualifications, Capabilities, And Skills

• Master's degree in a STEM field (Computer Science, Engineering, Mathematics/Statistics, Physics) or equivalent practical experience.
• 8+ years of relevant experience in quantitative execution research, TCA, algorithmic trading, or closely related electronic trading analytics roles.
• Demonstrated expertise in TCA modeling and execution quality measurement relevant to algorithmic execution strategies.
• Strong programming skills in kdb+/q and Python, with experience working with large-scale trading and market datasets.
• Proven ability to partner effectively with Product, Trading, and Technology to move from research findings to shipped capabilities and measurable performance improvements.
• Strong analytical, quantitative, and problem-solving skills, with excellent written and verbal communication.

About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

ABOUT THE TEAM

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.