Trade Coordinator, Associate

Organization Description

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. 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

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 Managements 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.

Job 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
• 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 managers 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
• Assist Wealth Management portfolio managers with account maintenance issues and account trading inquiries

Required qualifications capabilities and skills:

• Understand all relevant investment products (managed accounts equities mutual funds ETFs)
• Demonstrated passion and understanding of financial markets
• Ability to operate in a fast-moving demanding and team-oriented environment
• Excellent communication teamworkand interpersonal skills
• Ability to multitask and prioritize in a fast-paced environment
• Demonstrates accountability and responsibility for his/her actions and results at all times
• Demonstrates consistency between communicated messages and actions
• Must have clear communication skills and an ability to use these to work collaboratively explain and challenge as appropriate
• Attention to details and sense of ownership
• Great team player able to work in a pressurized and changing environment
• Possess strong analytical and numerical skills
• Strong problem-solving control and project management skills
• Strong technical skills especially in Excel

Preferred qualifications capabilities and skills:

• Experience with Managed Accounts highly preferred
• Minimum 1 year operations experience preferably in trading and/or trade support
• Experience in VBA

** FINRA licenses are not required for this role**

Employer Description

JPMorgan Chase & Co. one of the oldest financial institutions offers innovative financial solutions to millions of consumers small businesses and many of the worlds 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 recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute including race religion color national origin gender sexual orientation gender identity gender expression age marital or veteran status pregnancy or disability or any other basis protected under applicable law. In accordance with applicable law we make reasonable accommodations for applicants and employees religious practices and beliefs as well as any mental health or physical disability needs.

We offer a competitive total rewards package including base salary determined based on the role experience skill set and location. For those in eligible roles discretionary incentive compensation which may be 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 financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

Equal Opportunity Employer/Disability/Veterans