JP Morgan Chase & Co.

Trading Venues Cost Optimization Senior Associate

JP Morgan Chase & Co.$90K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • At least 6 years of experience in the Financial Services industry
  • Advanced analytical skills, proficient in MS Office (Excel, PowerPoint)
  • Strong understanding of Over The Counter (OTC) products and trading venues
  • Excellent written and verbal communication skills in English
  • Intermediate knowledge of visualization tools like Tableau and Alteryx
  • Strong negotiation skills
  • Integrity and commitment to the firm's best interests

Responsibilities

  • Understand trading venues' landscape and their relationship with trading desks
  • Analyze trading and brokerage data to identify cost reduction opportunities
  • Present data analysis findings to global teams and business managers
  • Assist in brokerage negotiations and drafting rate cards
  • Support the design and implementation of MIS including visualization dashboards
  • Manage relationships with internal and external stakeholders
  • Provide CCS operations support for broker-related queries
  • Update the CCS product team on regional market changes
  • Assist with adhoc projects as needed
  • Monitor and report risk metrics

Benefits

  • Opportunity to drive change and influence cost management
  • Collaborative environment with global teams across multiple asset classes
  • Involvement in brokerage negotiations
  • Exposure to various financial products and services
  • Access to advanced analytical tools and technologies
Full Job Description
As a Trading Venue Cost Optimization Senior Associate at JPMorgan Chase, you will be a part of a group of specialized individuals within “Cost and Commission Services” (CCS) group, working on the mandate of optimizing our BCE cost. You will work with trading desk across all the asset classes, eg. Equities, Interest Rates, Foreign Exchange, Credit, Commodities, and cover all the countries in North America (NAMR) and Latin America (LATAM), and often partnering with colleagues in other regions. Additionally, you will analyze trading data, collaborate with stakeholders, and help shape the future of cost management. You will be empowered to drive change, innovate, and make a measurable impact on the business.

Job responsibilities:

  • Understand the landscape of trading venues and their relationship with JPMorgan’s trading desks
  • Analyze big sets of trading data, brokerage data, and rate cards across asset classes to reveal cost associated with trades and find avenues to reduce such costs
  • Present findings from data analysis to our global team, respective desks and business managers in an objective and precise manner
  • Assist with on-going and upcoming brokerage negotiations with brokers, along with drafting of rate cards
  • Provide support with the design and implementation of MIS, including management of visualization dashboard (Tableau)
  • Manage stakeholders internally (Trading Desks, Business Managers, Operations, Finance, Legal, Controls) as well as externally (Brokers/Venues)
  • Provide support to the CCS operations team on the queries related to brokers/brokerage
  • Provide regional updates to the CCS product team on market changes
  • Assist in adhoc projects, Client connectivity optimization or others as deemed necessary by business
  • Collate metrics to measure, mitigate, monitor and report risk

Required qualifications, capabilities and skills:

  • At least 6 years of work experience in the Financial Services industry
  • Advanced analytical skills with proficiency in MS Office (Excel, Power point)
  • Good understanding of Over The Counter (OTC) traded products, and trading venues
  • Excellent communication skills in English (Written and Verbal)
  • Intermediate knowledge of Tableau and Alteryx
  • Good negotiation skills
  • Act with integrity and with best interests of the firm in mind

Preferred qualifications, capabilities and skills:

  • Excellent presentation skills will be beneficial
  • Existing relationship with trading venues in Americas
  • Basic knowledge of trading flows, products and cost
  • Knowledge of Structured Query Language (SQL) queries will be a plus

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.

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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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