Trading Services - OneTen Coalition
New York, NY
About the Job
Job Description
DESCRIPTION:
Duties: Work as a trader assistant in the Equity Derivatives Middle Office team supporting trading businesses (stock, FX, listed derivatives and equity derivatives) including providing control and support to the North American and Latin American Flow Equity Derivative trading desks. Responsible for maintaining the control environment, trade capture, lifecycle maintenance, corporate action processing, complex product booking and processing, implementing complex (equity derivative) trading and operational support architecture and assist in testing release of complex equity derivative pricing and trading technology systems. Responsible for equity derivatives transactions such as listed options, Over-The-Counter (OTC) options, index futures, FX forwards, and interest rate swaps. Liaise with traders and counterparties to ensure accuracy in trade capture, including input trade tickets in JPM internal systems. Adjust derivative products upon the announcement of corporate actions. Support lifecycle management and events processing for full population of derivative positions. Evaluate profit and loss when performing unwinds, index rebalancing, basis swap reset and valuation. Analyze risks (greeks) and investigate any failures, mismatches or errors in the trade capture process. Assist the launch of new products by applying product expertise and knowledge. Provide support or resolve any ad hoc queries such as trade and confirmation details arising from traders, counterparties, clients, Regulatory Authorities, and other departments
QUALIFICATIONS:
Minimum education and experience required: 3 years of experience in the job offered or as a Trading Services, Trade Lifecycle Associate, Sales Auditor Analyst, or related occupation.
Skills Required: Requires experience in the following: expiry, early exercise and assignment processing for US listed options; validating profit and loss and delta on new option bookings; Trade parameters and lifecycle events of listed options; identifying changes required on listed and Over-The-Counter options as a result of corporate actions; standard equity derivative parameters for US and Latam markets; identifying risk and impact of trade support tasks in order to properly prioritize; priority listed and over-the-counter option infrastructure to drive and test technology changes.
Job Location: 383 Madison Ave, New York, NY 10179. Telecommuting permitted up to 40% of the week.
Full-Time. Salary: $113,000 - $131,000 per year.
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.
DESCRIPTION:
Duties: Work as a trader assistant in the Equity Derivatives Middle Office team supporting trading businesses (stock, FX, listed derivatives and equity derivatives) including providing control and support to the North American and Latin American Flow Equity Derivative trading desks. Responsible for maintaining the control environment, trade capture, lifecycle maintenance, corporate action processing, complex product booking and processing, implementing complex (equity derivative) trading and operational support architecture and assist in testing release of complex equity derivative pricing and trading technology systems. Responsible for equity derivatives transactions such as listed options, Over-The-Counter (OTC) options, index futures, FX forwards, and interest rate swaps. Liaise with traders and counterparties to ensure accuracy in trade capture, including input trade tickets in JPM internal systems. Adjust derivative products upon the announcement of corporate actions. Support lifecycle management and events processing for full population of derivative positions. Evaluate profit and loss when performing unwinds, index rebalancing, basis swap reset and valuation. Analyze risks (greeks) and investigate any failures, mismatches or errors in the trade capture process. Assist the launch of new products by applying product expertise and knowledge. Provide support or resolve any ad hoc queries such as trade and confirmation details arising from traders, counterparties, clients, Regulatory Authorities, and other departments
QUALIFICATIONS:
Minimum education and experience required: 3 years of experience in the job offered or as a Trading Services, Trade Lifecycle Associate, Sales Auditor Analyst, or related occupation.
Skills Required: Requires experience in the following: expiry, early exercise and assignment processing for US listed options; validating profit and loss and delta on new option bookings; Trade parameters and lifecycle events of listed options; identifying changes required on listed and Over-The-Counter options as a result of corporate actions; standard equity derivative parameters for US and Latam markets; identifying risk and impact of trade support tasks in order to properly prioritize; priority listed and over-the-counter option infrastructure to drive and test technology changes.
Job Location: 383 Madison Ave, New York, NY 10179. Telecommuting permitted up to 40% of the week.
Full-Time. Salary: $113,000 - $131,000 per year.
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.
Source : OneTen Coalition