Margin Trading is a front office risk management group within Prime Financial Services (PFS) tasked with enhancing the decision-making process that goes into the allocation of scarce financial resources with a view of optimizing risk adjusted returns.As a Margin Trading, Vice President, within Equities Prime Group, you will play a pivotal role in driving the team and business strategy forward.Job responsibilities:
Analyze and address clients' risk exposures within their portfolio
Enhance and develop the "Best in Class" risk management tools
Work with the broader Risk organization to enhance stress testing capability, covering liquidation and concentration;
Assist in the negotiations of legal documentation and contribute to marketing efforts by taking part in client pitches
Design and develop customised client financing arrangements
Participate in client discussions around existing and new trades and speak regularly about margin and pricing, returns and profitability with some of the firms largest institutional clients
Interact with internal groups such as product development, to uncover product gaps and fix and enhance existing prime infrastructure
Participate in regular client meetings, client pitches, and internal risk meetings as the risk and pricing expert
Work with clients and internal stakeholders to develop risk management solutions that protect the firm;
Set appropriate limits and risk appetite for clients, considering a wide range of factors;
Required qualifications, capabilities, and skills
You have a thorough understanding of financial markets and technical experience in the cash and synthetic prime brokerage business
The combination of your analytical and quantitative skills makes you well-versed in risk management and financial analytics, i.e. pricing and risk analysis of complex linear and non-linear financial instruments
You are able to analyse and monitor client trades and portfolios to quantify, manage and balance risk and profitability, as well as you understand various hedge fund strategies, the underlying products, sensitivities, risk and funding profiles, and set leverage and pricing levels
You understand nuances in funding markets, balance sheet, risk weighted assets, and capital requirements affecting the prime brokerage and Clearing business
You conceptualise and design solutions to solve client problems; you have experience in working with product development teams to design new analytical tools and systems to generate efficiencies
You bring advanced knowledge of programming languages such as Python, VBA, SQL, Jupyter, to allow for manipulation of large data sets in order to analyse trends and risk reporting
Your excellent communication skills and ability to articulate complex financial concepts in a clear and concise fashion makes you an impactful partner to internal desks, management and senior personnel at hedge funds
Preferred qualifications, capabilities, and skills
Experience negotiating legal agreements for different term financing structures with customers across cash and synthetic prime brokerage
Extensive experience working with the firm's credit and risk management teams, sales, stock loan, client service, product development, quantitative research and legal departments
Knowledge of Bloomberg API
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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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.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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.JPMorgan Chase is an Equal Opportunity Employer, including Disability/VeteransBase Pay/SalaryNew York,NY $200,000.00 - $285,000.00 / year