What are the responsibilities and job description for the Natural Gas Liquids Trader - Associate position at JPMorgan Chase?
The Natural Gas Liquid (NGL) team handles the best in class franchise and play a critical role supporting senior traders on all day to day management of their book.
Position Summary:
As a Trader on the Natural Gas Liquid (NGL) team, you will play a crucial role supporting senior traders on all aspects of day to day management for a best in class franchise driven trading book.
Job responsibilities
- Assist senior traders to accurately and competitively price client transactions and efficiently hedge to maximize franchise revenue.
- Work alongside sales colleagues to engage clients, providing market color and derivative hedging strategies.
- Develop trading ideas based on educated views incorporating fundamental and technical analysis.
- Assist risk managing trading books that include non-linear risk.
- Appropriately size and risk manage positions to create profitable trading strategies based on franchise flow.
- Perform daily desk functions, including marking forward curves, providing market commentary, and hedging secondary trading book exposure (FX/interest rates/etc.).
Required Qualifications, capabilities, and skills
- Bachelor’s degree in Finance, Economics, Mathematics or other related disciplines
- Ability to assess and understand risk around trading positions and market events.
- Thrive on the challenge of competitive pressures and remain focused on client needs.
- Maturity and ability to succeed in a dynamic, fast-paced and open environment.
- Ability to work effectively as part of a diverse/ international team.
- Strong disciplined approach to our controls environment.
- Ability to work under pressure and operate at senior level if required.
Preferred Qualifications, capabilities, and skills
- Demonstrable experience interacting with major institutional / corporate commodity clients.
- Understanding of oil fundamentals preferred but not required
- Strong computational skills in Python, SQL, and/or other programming languages preferred
