Asset Management – Equities Program Trader – Associate/VP
Req #: 170076568
Job Category: Asset Management
J.P. Morgan serves one of the largest client franchises in the world. Our clients include corporations, institutional investors, hedge funds, governments and affluent individuals in more than 100 countries. J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.1 trillion. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of clients and consumers under its J.P. Morgan and Chase, and WaMu brands.
JPMorgan Asset Management is a leading asset manager of choice for institutions, financial intermediaries and individual investors, worldwide. With a heritage of more than two centuries, a broad range of core and alternative strategies, and investment professionals operating in every major world market, we offer investment experience and insight that few other firms can match.
We are looking for a London-based Program Trader to join the London Equity Trading Desk within J.P. Morgan Asset Management London.
The EMEA Equity Program Trading Desk is part of the JP Morgan Asset Management Global Equity Linked Trading Team and is responsible for executing programs, liquid orders and derivatives trades on behalf of Portfolio Managers based in London and overseas. The Desk takes a quantitative approach to trading with an objective of providing the lowest total cost of implementation achievable.
The primary function of this role is to execute program trades on behalf of Portfolio Managers based in London and other locations globally. The successful candidate will also be expected to be active in the day-to-day implementation of systematic trading strategies. This position will have extensive interaction and collaboration with colleagues within and outside of the Trading Desk.
Responsibilities will include but not limited to:
Enhancing and developing the Program Trading capabilities through quantitative analysis and creative technology solutions
Program Trading on behalf of multiple internal clients, managing and monitoring the cost and impact of trading
Close collaboration with Technology and Trading Analytics Teams, as well as other global Systematic Trading Colleagues
Present trading updates to Portfolio Managers, intra and post trade, in digestible formats both verbally and in writing
Highly developed quantitative and analytical skills
Experience in program and algorithmic trading as well as other electronic trading tools
Strong understanding of market structure
Ability to perform well under pressure and deliver within tight deadlines
Ambitious self-starter able to think independently
Strong attention to detail vital
Educated to at least under-graduate level
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.