Trading Services Associate

Organization Description

J.P.

Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions with client assets of $4.1 trillion.

Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals.

Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Job Description

As a Trading Services Associate, you will be part of a team that is responsible for performing trade implementation activities for managed accounts, including implementing and executing Portfolio Manager directed model changes, investing new accounts, cash flows, tax harvesting, and other client-directed activities.

The Portfolio Management Group (PMG) team provides portfolio implementation services for discretionary accounts focusing on rebalancing and risk management activities.

We are in New York, Delaware, and Ohio and oversee daily management, monitoring, rebalancing, and implementation of trading activity across client accounts.

The team supports single manager and multi-manager advisory strategies, multi-strategy solutions as well as mutual fund advisory products for PB, CWM, JPMA, and JPMPA business lines.

The objective of the team is to implement J.P.

Morgan Wealth Management's best thinking across managed accounts, deliver a consistent client experience, help to manage and reduce risk and provide additional time for the front office to focus on client investment discussions and service.

Responsibilities:


* Timely and accurate trading of accounts


* Work closely with other functions and infrastructure groups to support a 'one team approach'


* Clear and concise communication with all support teams to ensure the timely and efficient resolution of inquiries


* Clear and concise communication with all internal peers and direct reports to ensure the timely and efficient resolution of inquiries and accurate processing of client and portfolio manager trade requests


* Participate and contribute to the various strategic initiatives; keep improving and evolving processes, procedures, and business architecture


* Maintain knowledge of the managed solutions utilized throughout the managed accounts business


* Review, trade, and monitor risk of client portfolios


* Implementation of portfolio manager's trade direction


* Manage orders and send trades to fulfill the following typical daily tasks:
+ New account initial investments
+ Monitoring cash and security activity in client accounts
+ Liquidating accounts
+ Tax harvesting requests


* Monitoring accounts for model drift and strategy deviation


* Central point of contact for equity trading desks, technology, operations, product, project, and sales teams
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