Cash Equity Trader, Vice President
About The Position
About Wealth Management: With more than 160 years of experience, J.P. Morgan Private Bank is a global wealth management leader that delivers the highest quality advice, service, capabilities and products to high net worth individuals and families around the world. We deliver highly customized and comprehensive solutions to help clients with the many complexities they face on their balance sheets by leveraging the Private Bank’s products and solutions. The Private Bank is involved with every facet of wealth management, including investments, liquidity and credit management, and tax and estate planning. Our business model focuses on deep client relationships through an integrated team structure with a platform of depth and breadth. The Global Wealth Management Equity Trading Desk is responsible for supporting the execution of equity & listed options orders for three lines of business, in in more than forty countries. Additionally we manage the syndicate allocation process for Global Wealth Management. We work with internal trading desks as well as external brokerage desks in order to achieve best execution for our clients. The team works closely with Front Office personnel, as well as Supervisory, Compliance, Technology, Middle Office & Back Office settlement teams in the effective management of our business.
Requirements
- Series 7, 63 and 57
- Minimum of 7 years of prior experience in equity trading – options trading is a plus
- Strong work ethic, professionalism and ability to manage multiple priorities under pressure
- Strong communication skills (both verbal and written)
- Excellent Analytical skills experience in MS Office: Excel, PowerPoint and Word
- Experience in best execution analytics in trading (Transaction Cost Analysis)
- Ability to learn J.P. Morgan products, systems and trading tools
- Self-motivation and demonstration of initiative
Nice To Haves
- Advanced level in coding (Python) and visual analytics platforms (Tableau) is a strong plus
Responsibilities
- Providing our Investors with exceptional guidance & service in navigating and trading the global equity markets
- Establishing a high degree of competence around executing equity & listed options trades: communication, pricing, accurate booking and flawless management of downstream processes
- Resolving and managing the risks associated with failing trades
- Building relationships within front office and support areas, and be able to leverage them for exceptional client service
- Ensuring issues are escalated in a timely manner to allow proactive corrective action and avoid the business incurring unnecessary costs or reputational risk
- Performing core start-of-day and end-of-day processes to successfully manage our day to day operations
Benefits
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
