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.

Job Description

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

  • Liquidity Management

  • Collateral Management (Securities & Derivative)

  • Depository Receipts & ADR/ORD market making

  • FX Custody

  • 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.

Responsibilities

  • 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

Requirements

  • 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.