CIB – Investor Services – Agent Lending - Junior Securities Lending Trader – Analyst / Associate (London)
London (Greater London) Sales
Job description
DEPARTMENT DESCRIPTION:
Investor Services Securities Lending is a dynamic trading desk that provides equity and fixed income securities to broker dealers to facilitate their proprietary and client trading strategies. Where they have a requirement to borrow securities, the Lending Desk negotiates a fee for the loan based on supply and demand, and the type of underlying strategy. Securities Lending objective is to create incremental income for the clients while generating fee income for the firm. With 4 Desks Globally, JPMorgan offers a 24 hour service in 37 different markets.
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Equity experience
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Trading experience
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Trade support- Equities and or experience in the synthetic space such as derivatives, swaps etc.
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Equity Finance experience would be beneficial
ESSENTIAL FUNCTIONS:
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Maximise profit on securities lending trades by negotiating the most favourable rates and maximising utilisation across our clients portfolios
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Proactive trading. Looking at client’s inventory and increasing balances and revenue stream with our Counterparts on a daily basis.
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Development and maintenance of borrower relationships
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Trouble shooting, good knowledge operationally to include corporate actions.
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Knowledgeable in the Geopolitical and Financial arena. Write market commentaries for the business and our principle client base.
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Revue revenue estimates for new and existing clients giving detailed feedback.
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Keep up to date on market initiatives/developments and communicating their subsequent impact to management
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Excellent communication skills both internally and with our external counterparts.
SPECIFIC EXPERIENCE/SKILLS REQUIRED:
· An in depth knowledge of the financial markets.
· Strong analytical skills
· Must be highly motivated and able to work under pressure.
· Proactive thinking on a daily basis
· Excellent communication and interpersonal skills.
· Advanced experience with Excel & Bloomberg.
ADDITIONAL INFORMATION:
FCA registered would be beneficial
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.