Job Description
Margin Trading is a front office client facing group within Prime Financial Services (PFS) tasked with enhancing the commercial and risk-adjusted decision-making process with a view of increasing the PFS business's risk adjusted returns. As a Margin Trading Vice President you will Analyze and address clients' risk exposures, work with the broader Risk organization to enhance stress testing capability, covering liquidation and concentration and more.
Job responsibilities:
- Analyze and address clients' risk exposures within their portfolio
- Enhance and develop the "Best in Class" risk management tools
- Work with clients and internal stakeholders to develop risk management solutions that protect the firm
- Work with the broader Risk organization to enhance stress testing capability, covering liquidation and concentration
- Design and develop customized client financing arrangements
- Participate in client discussions around existing and new trades and speak regularly about margin and pricing, returns and profitability with some of the firms largest institutional clients
- Interact with internal groups, such as product development, to uncover product gaps and fix and enhance existing prime infrastructure
- Set appropriate limits and risk appetite for clients, considering a wide range of factors.
Required qualifications, capabilities, and skills:
- You have a good understanding of financial markets and technical experience in the cash and synthetic prime brokerage business
- The combination of your analytical and quantitative skills makes you well-versed in risk management and financial analytics
- You are able to analyze and monitor client trades and portfolios to quantify, manage and balance risk and profitability, as well as you understand various hedge fund strategies, the underlying products, sensitivities, risk and funding profiles, and set leverage and pricing levels
- You understand nuances in funding markets, balance sheet, risk weighted assets, and capital requirements affecting the prime brokerage and clearing business
- You conceptualize and can help design solutions to solve client problems;
- You bring advanced knowledge of programming languages such as Python, VBA, SQL, Jupyter, to allow for manipulation of large data sets in order to analyze trends and risk reporting
- Your excellent communication skills and ability to articulate complex financial concepts in a clear and concise fashion makes you an impactful partner to internal desks, management and senior personnel at hedge funds.
Preferred qualifications, capabilities, and skills:
- Experience negotiating legal agreements for different term financing structures with customers across cash and synthetic prime brokerage
- Experience working with credit and risk management teams, sales, stock loan, client service, product development, quantitative research and legal departments
- Knowledge of Bloomberg API.
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, paid in the form of cash and/or forfeitable equity, 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.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.
