Program Trading Risk - Executive Director - JPMorgan Chase & : Job Details

JobID: 210566643

Category: Trading Global Population

JobSchedule: Full time

Posted Date: 2024-10-16T13:36:11+00:00

JobShift:

Base Pay/Salary: New York,NY $200,000.00-$350,000.00

The Equities business at J.P. Morgan provides a full complement of equity and equity-linked solutions to institutional investor clients - from ideas and insights from top-ranked analysts, to high-touch sales and trading services, to world-class algorithmic and electronic trading capabilities. Our sales and trading professionals work in coordination with our capital markets professionals to help issuers access the equity markets as a top-tier equity underwriter.

Job Summary

As a Trader - Program Trading Risk - Vice President within the Equities business at J.P. Morgan, you will be part of a dynamic and competitive team.

Job Responsibilities

* Work as a trader on the US Program Trading (PT) Risk team

* Handle trading of large portfolios of stocks

* Engage with the PT sales team on facilitating client risk trades and ETF creations and redemptions

* Predict Index rebalancing events and test related trading strategies.

* Utilize portfolio construction models to hedge and reduce the risk associated with portfolio management strategies.

* Have significant interaction with trading and sales teams across the Equities division including High Touch, ETF and Central Risk Book teams

Required qualifications, capabilities, and skills:

* Undergraduate, Graduate in Quantitative degree.

* Two or more years of sell-side or buy-side trading experience, ideally in Index Rebalancing or Program Trading.

* Experience in managing portfolio management strategies with positions on large portfolios; fluency in risk factors.

* Exposure to statistical modelling, time series or other data modelling experience

* Very self-motivated, willing to be part of a dynamic and competitive team

* FINRA licenses including Series 7, 63 and 57

Preferred qualifications, capabilities, and skills:

* Coding experience in Python is strongly desired

* Knowledge of kdb/q is a plus