As an Associate for the Flow Index Trading desk, you will perform day-to-day activities for the trading book from risk-management, to customer pricing and trading of all related products. You will be one of the key points of contact with the sales teams.
Job Responsibilities:
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- Assist in pricing trades and execution of orders from clients and internal trading desks
- Assist in managing risk, evaluating position and performance under various scenarios
- Learn how to identify trading opportunities and then develop new trading strategies for the desk and clients
- Respond to Middle Office emails (T+1 trade inquiries, corporate actions, etc)
- Monitor market flows to help evaluate incoming inquiries and providing context to sales
- Work with Quant team to administer Robo trader for pricing and hedging
- Perform routine book maintenance, such as closing pins and early exercise.
- Assist in running and investigating daily PnL in coordination with MO/IT
Required Qualifications, Capabilities, and Skills:
- Attention to detail and aptitude to quickly learn the business
- Understanding of financial markets and intellectual curiosity to explain market moves
- Strong analytical and technical background to price Derivative products
- Advanced Excel/VBA skills to develop spreadsheet solutions for the business
- Able to follow pre-established desk procedures around risk, pricing, PnL and execution
- Provide accurate responses/feedback on day to day activities, with complete transparency
- Strong communication skills required to comprehensively talk to clients about orders, executions and market activity
JPMorgan Chase & Co., 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.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be 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