Trading Venues Cost Optimization Senior Associate
JPMorganChase
Job summary:
Are you ready to make a real impact on trading profitability? Join a team where your analytical skills and insights drive both cost savings and revenue growth. You’ll collaborate with talented colleagues, develop specialized expertise, and gain a holistic view of trading profit and loss. Experience career mobility and the opportunity to influence business outcomes. Be part of a culture that values your ideas and supports your success.
As a Trading Venue Cost Optimization Senior Associate at JPMorgan Chase, 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, eg. Equities, Interest Rates, Foreign Exchange, Credit, Commodities, and cover all the countries in North America (NAMR) and Latin America (LATAM), and often partnering with colleagues in other regions. Additionally, you will analyze trading data, collaborate with stakeholders, and help shape the future of cost management. You will be empowered to drive change, innovate, and make a measurable impact on the business.
Job responsibilities:
- Understand the landscape of trading venues and their relationship with JPMorgan’s 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
- Assist in adhoc projects, Client connectivity optimization or others as deemed necessary by business
- Collate metrics to measure, mitigate, monitor and report risk
Required qualifications, capabilities and skills:
- At least 6 years of work experience in the Financial Services industry
- Advanced analytical skills with proficiency in MS Office (Excel, Power point)
- Good understanding of Over The Counter (OTC) traded products, and trading venues
- Excellent communication skills in English (Written and Verbal)
- 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 will be beneficial
- Existing relationship with trading venues in Americas
- Basic knowledge of trading flows, products and cost
- Knowledge of Structured Query Language (SQL) queries will be a plus
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Drive trading cost optimization and shape revenue strategies in a collaborative, data-driven team.