Trading Venue Cost Optimisation Senior Associate
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Monthly Salary:
Posted on:
11 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
This role offers a unique opportunity to create an impact on the expense side of the Markets business by looking at JPMs brokerage expenses across multiple markets.
As an Trading Venue Cost Optimisation Senior Associate in the Cost Optimization team 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 e.g. Equities Interest Rates Foreign Exchange Credit Commodities and cover all countries in EMEA and often partnering with colleagues in other regions.
Job responsibilities:
- Understand the landscape of trading venues and their relationship with JPMorgans 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
- Collate metrics to measure mitigate monitor and report risk
Required qualifications capabilities and skills:
- Experience in financial industry
- Advanced analytical skills with proficiency in MS Office (Excel Power point)
- Good understanding of Over The Counter (OTC) traded products and trading venues
- 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
- Existing relationship with trading venues in EMEA region
- Basic knowledge of trading flows
Required Experience:
Senior IC
Key Skills
- Abinitio
- Heavy Machinery
- Airport Security
- Contract Attorney
- Environmental Science
- Heavy Equipment
About Company
JPMorganChase, 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 ov ... View more
