Trading Services Associate I
JPMorganChase
Brooklyn, NY, USA
As a Trading Services Associate l within JPMorganChase, you will play a pivotal role in the seamless execution of trade activities, from order entry to settlement. While still developing, your expertise in market products and understanding of automation technologies will be instrumental in optimizing our trading services. You will be expected to leverage your proficiency in change management and continuous improvement to enhance the efficiency and resilience of our operating platform. Your role will also allow you to keep developing your relationships with internal stakeholders, presenting insights to senior management, and driving process improvements. Your decisions will contribute and impact on short-term team and department goals, and you will often guide others in their work activities, contributing to the overall success of our trading services.
Job Responsibilities
- Become a subject matter expert in all aspects of a designated set of alternative investments, including hedge funds, private equity funds, and real estate funds.
- Provide comprehensive support to the Investor community for JPMorganChase’s alternative investment products.
- Manage and strengthen relationships with hedge/private equity funds and fund administrators.
- Instruct and coordinate subscriptions, redemptions, and transfers with hedge fund administrators.
- Support and facilitate capital calls and capital distributions for private equity funds.
- Process and record alternative investment transaction bookings accurately and efficiently.
- Assist with the pricing and reconciliation of hedge and private equity fund positions.
- Produce and deliver ad-hoc reporting for senior management as needed.
- Collaborate with internal Structuring, Investor Relations, Client Service, and Due Diligence teams, as well as external fund partners.
Required Qualifications, Capabilities, and Skills
- Hold an undergraduate degree.
- Demonstrate an understanding of sophisticated financial products.
- Exhibit advanced Excel skills.
- Thrive in a fast-paced, high-pressure environment with tight deadlines.
- Display strong interpersonal skills.
- Communicate effectively with business partners and stakeholders.
- Maintain a detail-oriented work ethic.
- Operate as a team player with the ability to succeed in a dynamic “trading desk” environment.
Preferred Qualifications, Capabilities, and Skills
- Possess 2-3 years’ experience with alternative investments and/or alternative investment operations.
- Hold Series 99 or Series 7 certification.
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 Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
Join our team as a Trading Services Associate and contribute to driving impactful solutions in a dynamic environment.