What are the responsibilities and job description for the Asset Management Equity Trader position at JPMorganChase?
Job Description
At J.P. Morgan Asset Management, we believe in empowering our team members to make a meaningful impact. As part of our U.S. Equity Trading team, you will have the opportunity to contribute to our success and drive positive change in the financial markets. If you are passionate about equity trading and ready to be part of a dynamic and forward-thinking team, we invite you to explore the exciting opportunities with us.
Job Summary
As an Associate Trader on our U.S. Equity Trading team you will play a critical part in executing equity trades, supporting portfolio managers, research analysts and contributing to the overall success of our trading operations. This is an exciting opportunity to work in a dynamic and fast-paced environment, where you will gain exposure to a wide range of trading strategies and market conditions.
Job Responsibilities
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
At J.P. Morgan Asset Management, we believe in empowering our team members to make a meaningful impact. As part of our U.S. Equity Trading team, you will have the opportunity to contribute to our success and drive positive change in the financial markets. If you are passionate about equity trading and ready to be part of a dynamic and forward-thinking team, we invite you to explore the exciting opportunities with us.
Job Summary
As an Associate Trader on our U.S. Equity Trading team you will play a critical part in executing equity trades, supporting portfolio managers, research analysts and contributing to the overall success of our trading operations. This is an exciting opportunity to work in a dynamic and fast-paced environment, where you will gain exposure to a wide range of trading strategies and market conditions.
Job Responsibilities
- Collaborate with global team of equity traders to understand the block & algorithmic trading environment.
- Develop strong understanding of U.S. equity and derivatives markets with an emphasis on market structure and other regulatory responsibilities.
- Work with the Global Trading Team and technology partners to enhance a global trading platform and help innovate to an analytical trading process.
- Collaborate with portfolio managers and traders to identify opportunities to reduce trading and implementation costs.
- Strategically manage and ensure efficient execution as an integral part of the investment process.
- Provide an effective and collaborative liaison between the Front Office and various supporting functions (e.g. Operations, Technology, Compliance, Risk, Audit, HR) to manage both the day-to-day trading operations, and to drive and implement change
- Establish credibility throughout the organization and set an example as a proactive leader who earns respect by demonstrating a sound understanding of business results, leadership, and teamwork.
- Stay abreast of ‘best practice’ at peer firms.
- Demonstrate a clear focus on controls to mitigate operating risk in the trading environment
- 0-3 years of equity trading experience or working closely with a large buy side trading desk
- Good understanding of how the equity markets function including familiarity with market microstructure
- Intellectually curious in trading and technology with a passion for the equity trading marketplace
- General knowledge of a buy-side Equity trading operation
- Ability to enhance trading capabilities
- Strength in working and leveraging technology to drive innovation
- Experience in working in a global organization and very strong communication skills
- Undergraduate degree in Finance, Math or Computer Science. Graduate degree (Finance, Math or Computer Science) is preferred
- CFA is preferred
- Self-starter with the ability to think creatively and laterally
- Strong focus and attention to detail
- Excellent interpersonal skills with the ability to engage and debate in a collaborative way
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About The Team
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.
