Program Trading Risk - Executive Director

The Equities business at J.P.

Morgan provides a full complement of equity and equity-linked solutions to institutional investor clients - from ideas and insights from top-ranked analysts, to high-touch sales and trading services, to world-class algorithmic and electronic trading capabilities.

Our sales and trading professionals work in coordination with our capital markets professionals to help issuers access the equity markets as a top-tier equity underwriter.

Job Summary

As a Trader - Program Trading Risk - Vice President within the Equities business at J.P.

Morgan, you will be part of a dynamic and competitive team.

Job Responsibilities


* Work as a trader on the US Program Trading (PT) Risk team


* Handle trading of large portfolios of stocks


* Engage with the PT sales team on facilitating client risk trades and ETF creations and redemptions


* Predict Index rebalancing events and test related trading strategies.


* Utilize portfolio construction models to hedge and reduce the risk associated with portfolio management strategies.


* Have significant interaction with trading and sales teams across the Equities division including High Touch, ETF and Central Risk Book teams

Required qualifications, capabilities, and skills:


* Undergraduate, Graduate in Quantitative degree.


* Two or more years of sell-side or buy-side trading experience, ideally in Index Rebalancing or Program Trading.


* Experience in managing portfolio management strategies with positions on large portfolios; fluency in risk factors.


* Exposure to statistical modelling, time series or other data modelling experience


* Very self-motivated, willing to be part of a dynamic and competitive team


* FINRA licenses including Series 7, 63 and 57

Preferred qualifications, capabilities, and skills:


* Coding experience in Python is strongly desired


* Knowledge of kdb/q is a plus

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P.

Morgan and Chase brands.

Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location.

Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions.

We also offer a range of benefits and programs to meet employee needs, based on eligibility.

These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financia...