JP Morgan Chase & Co.

Prime Finance – ETF/General Collateral SBL Trader – Vice President

JP Morgan Chase & Co.$160K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong understanding of the stock loan market and SBL mechanics, including ETF dynamics
  • Experience in financing economics and balance sheet optimization
  • Ability to handle daily trading and operational tasks in a high-pressure environment
  • Strong analytical skills to identify trends in financing activity
  • Proven cross-functional collaboration skills with Risk, Operations, and Capital Management
  • Excellent communication and interpersonal skills for managing client relationships

Responsibilities

  • Support daily ETF stock borrow and loan management
  • Monitor changes in utilization and short interest
  • Optimize general collateral borrow activity through strategic resource deployment
  • Analyze stock loan positions for balance sheet optimization
  • Collaborate with various teams to enhance financing resource use
  • Provide high-quality client and counterparty service while ensuring regulatory compliance

Benefits

  • Dynamic work environment at the center of innovative finance
  • Opportunity to work closely with diverse teams across the firm
  • Potential for professional growth in a fast-paced area of finance
  • Engagement in the strategic optimization of financing resources
Full Job Description
JOB DESCRIPTION

As a Vice President on our Prime Finance SBL team, you will be at the center of one of the most dynamic and fast-moving areas of the firm. You will support the daily coverage of the ETF stock borrow and loan activity while driving broader General Collateral (GC) financing strategy and balance sheet optimization. If you thrive in a fast-paced, hands-on environment and are passionate about securities lending and financing economics, this role is built for you.

Job Responsibilities

  • ETF Stock Borrow/Loan Activity (SBL):
    • Support the daily coverage of the ETF book, managing stock borrow and loan activity including inventory management, recalls, buyins, settlement issues, availability, and pricing

    • Monitor and identify changes in utilization, short interest, corporate actions, create/redeem flow. 
  • General Collateral
    • Optimize GC collateral borrow activity through strategic deployment of firm needs and counterparty management to ensure competitive financing economics
    • Analyze stock loan positions and financing activity to identify balance sheet optimization opportunities
  • Collaborate closely with Demand, Operations, Risk, and Capital Management teams to optimize the firm's financing resources
  • Deliver strong client and counterparty service while maintaining alignment with internal risk and regulatory frameworks

 

Required Qualifications, Capabilities, and Skills

  • Strong understanding of the stock loan market and Securities Borrowing & Lending (SBL) mechanics, including ETF borrow, create, and redeem dynamics
  • Demonstrated experience in financing economics and balance sheet optimization
  • Ability to manage day-to-day trading and operational responsibilities in a fast-paced, hands-on environment
  • Strong analytical skills with the ability to identify trends and drive data-informed decisions across financing activity
  • Proven ability to collaborate cross-functionally with Risk, Operations, and Capital Management stakeholders
  • Excellent communication and interpersonal skills with the ability to manage client and counterparty relationships effectively

 

Preferred Qualifications, Capabilities, and Skills

  • Prior experience at Associate/VP level within equity finance, prime brokerage, or a related securities lending function
  • Familiarity with regulatory capital frameworks and their application to financing optimization
  • Experience working with large data sets to support reporting and strategic decision-making
  • Series 7 and Series 63 Licensing Preferred

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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