CIB - Global FX - Trading Strategist - Associate - London

Job description

CIB - Global FX - Trading Strategist -Associate - London
Job Description
J.P. Morgan's Corporate & Investment Bank (CIB) 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.

J.P. Morgan is a top tier liquidity provider in global FX markets offering competitive pricing across 300 currency pairs in cash and derivative products. We offer a full spectrum of currency services - from plain vanilla to complex options; from major currencies to emerging markets. The Automated Trading Strategies (ATS) group runs systematic trading within this space and are responsible for algorithmic pricing, automated risk management and hedging, and intelligent order execution strategies. ATS works closely with other internal parties (other trading desks, sales, IT, research) to ensure clients are taking advantage of the firm's broad array of market-leading electronic services.

Job summary
The trading strategist will work as part of the ATS front-office team on the FX floor in London with primary focus on the FX markets. The individual must be responsible, independent and able to work in smooth coordination with the larger team. The group is globally distributed so some travelling to New York and possibly Asia should be expected. The environment is fast-paced and challenging.

ATS is accountable to trading revenue. Members of the team are also expected to cover a wide range of responsibilities as ATS staff cross over between trading, quantitative analysis and technology. These include designing trading and execution strategies; researching micro-patterns and trends; building, maintaining and upgrading applications & tools; supporting day-to-day trading. Some on call time will be expected.

Desired profile

Core responsibilities
• Analysis of client and trade data to identify revenue opportunities
• Formulation, analysis and back testing of pricing, execution, risk management strategies and signals
• Performing ad hoc data mining tasks and requests as needed
• Building tools for automation and for the benefit of our own group and others, resolving day to day issues
• Work in close collaboration with IB technology to drive the automated trading technology agenda and in many cases work jointly on implementation

Essential skills
• Interest in market microstructures and quantitative trading in forex
• Excellent quantitative, modeling and analytical skills
• Attention to detail, adaptable and hungry to learn
• Ability to understand and map data flows across applications and data sources
• Design and programming skills, with primary focus on Java and Python
• Interest in applying agile development practices in a front-office trading environment

Desirable skills
• FX markets experience and general trading concepts and terminology
• Experience in manipulating large amounts of data including e-commerce, historical and financial data
• Experience of working with ECNs
• Direct experience of agile software methodologies

Qualifications
• Minimum B.Sc in Engineering, Mathematics, Physics, Computer Science or equivalent
JPMorgan offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan is an equal opportunity and affirmative action employer Disability/Veteran

Salary - Competitive
Closing Date - April 11th