What are the responsibilities and job description for the Equity Derivative Sales – Executive Director position at JPMorgan Chase?
This role sits within the front office and will be working in a dynamic Front Office environment. You will help maintain relationships with clients and match our services and products to their needs.
As a Executive Director in Equity Derivatives Sales, you will work with the trading and research teams to provide comprehensive client coverage, including fulfilling client requests for market updates, executing client orders and providing Institutional and Hedge Fund clients with information about specific securities. You will also be involved in providing marketing ideas and help initiate transactions. If successful in your role, you will also have the opportunity to gain wider exposure to other sales teams.
Job responsibilities
• Supporting the day to day client requests and needs.
• Pitch trade ideas and execute derivative trades.
• Understand drivers of relevant markets and share market color with clients.
• Understands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follow policies.
• Key products to work on: flow & exotic equity derivatives, Delta One swaps, and cross asset QIS Investments.
• Build foundation of trust with clients by demonstrating an understanding of their needs, clearly articulating desk ideas, and being responsive.
• Balance potentially competing needs across clients, internal partners and the firm.
• Assist with the post trade process by ensuring the accuracy of all entries and to ensure internal controls are followed.
• Conduct economic market research.
• Prepare presentation materials and participating in deal pitches.
• Perform financial valuation and analysis for product modelling.
Required Qualifications, capabilities, and skills:
• Minimum of 6 years’ working experience in financial industries
• Entrepreneurial drive with strong analytical and quantitative skills
• Demonstrable proficiency with market and product lingo. Well versed in the quantitative nature and framework of own product (e.g., pricing, models, client MIS etc).
• Demonstrates creativity in solving problems. Always looks for new ways of doing things.
• Understands the different types of risk and can discuss in detail ways of managing these risk.
• Thoroughly understands drivers of relevant markets and can explain and anticipate market movements.
• Ability to thrive on the challenge of competitive pressures and remain focused on client needs
• Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.
• Ability to interact comfortably with business clients and management.
• Self-directed, highly motivated, and able to work independently
• Minimum Bachelor's degree in a relevant field
