Americas Equities - Margin Trading - Vice President

Posted 11 Days Ago
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New York, NY
Hybrid
7+ Years Experience
Financial Services
The Role
As a Margin Trading, Vice President, within Equities Prime Group, you will play a pivotal role in driving the team and business strategy forward. Responsibilities include analyzing clients' risk exposures, enhancing risk management tools, negotiating legal documentation, designing client financing arrangements, and more. Required qualifications include expertise in financial markets, risk management, and financial analytics, as well as advanced knowledge of programming languages such as Python, VBA, SQL, and Jupyter.
Summary Generated by Built In

Job Description
Margin Trading is a front office risk management group within Prime Financial Services (PFS) tasked with enhancing the decision-making process that goes into the allocation of scarce financial resources with a view of optimizing risk adjusted returns.
Job Summary:
As a Margin Trading, Vice President, within Equities Prime Group, you will play a pivotal role in driving the team and business strategy forward.
Job responsibilities:

  • Analyze and address clients' risk exposures within their portfolio
  • Enhance and develop the "Best in Class" risk management tools
  • Work with the broader Risk organization to enhance stress testing capability, covering liquidation and concentration;
  • Assist in the negotiations of legal documentation and contribute to marketing efforts by taking part in client pitches
  • 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
  • Participate in regular client meetings, client pitches, and internal risk meetings as the risk and pricing expert
  • Work with clients and internal stakeholders to develop risk management solutions that protect the firm;
  • Set appropriate limits and risk appetite for clients, considering a wide range of factors;


Required qualifications, capabilities, and skills

  • You have a thorough 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, i.e. pricing and risk analysis of complex linear and non-linear financial instruments
  • 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 design solutions to solve client problems; you have experience in working with product development teams to design new analytical tools and systems to generate efficiencies
  • 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
  • Extensive experience working with the firm's credit and risk management teams, sales, stock loan, client service, product development, quantitative research and legal departments
  • Knowledge of Bloomberg API


About Us
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.
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, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.

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What the Team is Saying

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The Company
New York, NY
250,000 Employees
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What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

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