JPMorgan Chase Custody & Fund Services - Agent Lending Trader - Analyst in New York, New York
Agent Lending provides equity and fixed income securities to market counterparties such as primary dealers and their repo financing desks to facilitate their proprietary and client trading strategies. Where they have a requirement to borrow securities, the Lending Desk negotiates a rebate rate/fee for the loan based on factors such as supply and demand, underlying trading strategy, and risk profile of the trade. Agent Lending’s objective is to create incremental income/alpha for its clients and their investment portfolios, while generating fee income for the firm. With 4 Desks Globally, JPMorgan offers a round the clock service in 37 different markets.
Negotiate profitable US Fixed Income US Treasury & US Agency open and term loans
Establish and maintain borrower relationships.
Produce quarterly liquidity reports in coordination with Investment Desk
Monitor and maintain all term balances and reports on a daily basis.
Contribute to weekly market commentaries.
Produce daily, weekly and one off reporting for the trading desk.
Support trading desk in all facets of the business.
Intermediate excel skills necessary along with overall Microsoft Office proficiency.
Must be outgoing, confident and assertive.
Strong mathematical and analytical skills required.
Must work well under pressure, posses strong organisational skills and be a self-motivator.
Basic Securities Lending knowledge a plus
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.