JP Morgan Chase & Co.

Program Trading Risk – Associate

JP Morgan Chase & Co.$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in a quantitative field; graduate degree preferred
  • Two or more years in quantitative trading (sell-side or buy-side)
  • Understanding of risk factor models and optimization techniques
  • Experience with statistical modeling or time series analysis
  • Self-motivated; thrives in a fast-paced, team-oriented environment
  • Strong coding skills in Python (preferred)
  • Knowledge of kdb+/q and relevant FINRA licenses are a plus.

Responsibilities

  • Work as a trader on the US Program Trading Risk team
  • Manage and execute risk for large stock portfolios
  • Partner with PT Sales to facilitate client risk trades
  • Anticipate index rebalancing events and design trading strategies
  • Utilize portfolio construction and hedging models to mitigate risk
  • Collaborate with trading and sales teams across Equities

Benefits

  • Dynamic and competitive work environment
  • Opportunities for collaboration with cross-functional teams
  • Exposure to advanced financial and risk management techniques
  • Potential for skill development in quantitative analysis and portfolio management
Full Job Description
JOB DESCRIPTION

As a Program Trading Risk Associate within the Equities business at JPMorganChase, you will be part of a dynamic and competitive team focused on managing and facilitating program trading risk.

Job Responsibilities

  • Work as a trader on the US Program Trading (PT) Risk team
  • Execute and manage risk associated with trading large portfolios of stocks
  • Partner with the PT Sales team to facilitate client risk trades and deliver solutions
  • Anticipate index rebalancing events and design/back-test related trading strategies
  • Use portfolio construction and hedging models to mitigate risk associated with portfolio management strategies
  • Collaborate closely with trading and sales teams across Equities, including High Touch, ETF, and Central Risk Book teams

Required qualifications, capabilities, and skills:

  • Undergraduate degree (graduate degree preferred) in a quantitative field (e.g., mathematics, statistics, engineering, physics, computer science, or economics)
  • Two or more years of sell-side or buy-side quantitative trading experience
  • Understanding of risk factor models and optimization techniques
  • Experience with statistical modeling, time series analysis, or related data modeling approaches
  • Highly self-motivated and comfortable working in a fast-paced, team-oriented environment

Preferred qualifications, capabilities, and skills:

  • Strong coding skills in Python
  • Knowledge of kdb+/q is a plus
  • FINRA licenses including Series 7, 63, and 57 (or ability to obtain)

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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