CIB - Global Equities - Equity Derivative Group - Delta 1 Trading - Analyst / Associate - London

Job description

About J.P. Morgan

J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients' needs, anywhere in the world. We operate in 150 countries, and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are the most respected financial institution in the world - and why we can offer you an outstanding career.

Our business

Global Equities is part of the IB and offers solutions, which include trade execution, program and special equity trading services; equity-linked services and structuring for new equity-linked issuances; marketing, structuring and trading services on equity-based or fund-based derivatives products; and a wide range of research, sales, execution, clearing, financing and reporting services.

The delta one desk is part of EDG and focuses on non-volatility products. Among other instruments we transact on behalf of customers and JPM account Swaps, ETFs, and futures. Our universe covers indices in EMEA but also globally and we offer short to long maturities on OTC trades.

Desired profile

Role

Part of IFT (Index Forward Trading) team, which consists of 5 traders covering Delta One derivatives on the main European indices. We price and execute client requests for swaps and other Delta One products in the EMEA region.

·  Generate trade ideas based on quantitative analysis, and work on optimising the management of the desk inventory
·  Reply to client requests and price delta one products (forwards/synthetics, TRS, EFP…) on major European indices.
·  Analyse corporate actions and index related events (additions/deletions, changes of weights etc…)
·  Trade actively on the exchange the hedges for the derivatives exposure

Skills & qualifications

·  Be able to perform in a challenging, fast-paced environment.
·  Demonstrate very good knowledge and understanding of the equity markets and of the main equity indices.
·  Have outstanding communication skills as you will interact extensively within direct colleagues as well as with sales forces and support functions.
·  Have a strong mathematical background for pricing derivatives products.
·  Have good skills in coding, particularly in VBA.
·  Minimum of Masters degree

About J.P. Morgan's Corporate & Investment Bank

J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com .

JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer.

Closing date: 22/08/2016