JPMorgan Chase Custody & Fund Services - Trading Services - Analyst in New York, New York
NY Analyst – Exposure Management– CFS Liquidity & Trading Services
CFS Liquidity & Trading Services is a group of businesses that provide a range of services to its Institutional clients. The exposures of the business relate the various ways that JP Morgan provides financing, liquidity, and trading services to these clients. The Custody & Fund Services Department is part of the Corporate and Investment Bank (“CIB”), and Exposure Management is an in-business team responsible for the exposure management & risk/reward analysis of all businesses under CFS Liquidity & Trading Services.
The Analyst will be responsible for covering the exposures of the Global CFS Liquidity & Trading Services group with a primary focus on the NA business. CFS Liquidity & Trading Services consists of a group of businesses that are responsible for facilitating different aspects of client activity. These activities range from client flow, to cash liquidity management, to market making, deal structuring & include:
Securities Lending Desk
Collateral Management (Securities & Derivative)
Depository Receipts & ADR/ORD market making
Cash and Liquidity Markets (CALM)These activities are conducted in most regions and cover instrument types that include securities lending transactions, repo style transactions, short-term interest rate products, cash securities, derivative instruments, FX products, & money market funds.
Develop a healthy risk culture with the desk that fosters the sharing of information, awareness of firm policies, and an intuitive sense of what should be escalated
Manage projects focused on development and continued improvement of exposure reporting and processes.
Monitor and analyze market trends and movements, relate them to the desk’s activities, be vocal and share those observations and opinions with our global team
Review proposed trades, participate in client prospect meetings, & ensure sufficiently capitalized for the exposures taken in each transaction. (Risk/Reward reviews across the desks)
Ensure compliance with the mandate set for the Custody & Fund Services trading services desks including Contingent Market Risks, Basis Risks, Fiduciary Risks, Credit Risks, Liquidity Risks, and Operational Risks
Daily review of the trading desk’s exposures, significant changes, compliance with risk limits, and stress results.
Communicate regularly with the Trading Desks, Product colleagues, Quant Research, Credit Risk Officers, Risk Management, Product Control, Product Development, and Technology
Bachelor of Science degree in Finance, Economics, Statistics, Business Analytics, Computer Science, or Mathematics; Top Tier College or University a plus.
Basic knowledge of securities markets including how these instruments are impacted by various market factors
Ability to troubleshoot & problem solve, process large amounts of data efficiently, and understand the context and implication of the work.
Advanced Microsoft Excel & PowerPoint skills a must; ability to program (e.g. VBA, R, SQL, or Java) a plus.
Strong relationship building, presentation, written and oral communication skills.
Ability to multi-task and prioritize, meet challenging deadlines, works well in a team environment.
Strong quantitative background and basic understanding of risk and/or pricing models.
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.