hero

Mass Fintech Careers

Discover the opportunities across the Mass Fintech Community

Equities - Index Derivatives Trader - Vice President/ Executive Director

J.P. Morgan

J.P. Morgan

Worcester, MA, USA
Posted on Tuesday, August 20, 2024

Job Description

This role sits within the front office and will be working in a dynamic and busy trading floor environment.

As a Vice President/ Executive Director in the Index Derivatives Trading team, you will cover institutional accounts and make markets in your group's particular range of products. You will be managing risk, liquidity and exposure and you may support all aspects of the trading desk: pre-trade analysis, research on index constituent changes, inbound and outbound trade processing and the design of optimal strategies for large trades. Tracking supply and demand, you constantly evaluate market developments in order to give clients accurate product information.

Job responsibilities

  • Work with the senior stakeholders to effectively price and manage index linked products
  • Work closely with global sales force to price existing and new index linked products
  • Effectively manage risk from index flows products
  • Achieve agreed revenue targets
  • Work closely with global sales force to drive the business forward and expand the franchise
  • Work closely with IT/QA and control functions to build sustainable pricing, risk and control framework and tools
  • Work in partnership with all infrastructure functions to insure proper control, accounting and clearing procedures are in place
  • Ensure that all activities and duties are carried out in full compliance with regulatory requirements, firm wide risk framework, and internal policies

Required qualifications, capabilities and skills

  • Bachelor's Degree in related discipline
  • Minimum 5 years of relevant experience trading Asian index products
  • Strong programming skills (Python, C++, KDB)
  • High degree of numeracy
  • Strong awareness of market structure changes and the impact of regulation
  • Experience of working collaboratively in highly productive teams
  • Strong communication skills, especially around complicated concepts
  • Works thoughtfully and logically
  • Motivated to learn and proactively seeks responsibility
  • Able to work in a pressured environment; tenacious & self-motivated