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