Wealth Management, Cash Equity Trader & Order Flow Manager, Vice President
JP Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of more than $2 trillion and operations in more than 60 countries. We serve millions of U.S. consumers and many of the world's most prominent corporate, institutional and government clients. We are a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.
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 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.
Responsibilities of the VP will include:
Providing our Investors with exceptional guidance in navigating and trading the global equity markets
Building strong relationships across the front office and support functions, leveraging those partnerships to deliver exceptional client service
- Establishing a high degree of competence around executing equity & listed options trades: communication, pricing, accurate booking and flawless management of downstream processes
- Take a leading role in the Best Execution processes:
- Lead Best Execution reviews with counterparties
- Take leading role in routing decisions and workflow automation
- Continually evolve and refine end-to-end order flow lifecycle
- Drive enhancement of analytics toolkit
- Apply deep knowledge of retail equities and listed options market structure to guide order mechanics and routing decisions
- Documentation & maintenance of risk management procedures, including market access controls
- Resolving and managing the risks associated with failing trades
- Managing and tracking complex issues and enhancements across multiple teams, driving alignment and timely delivery
Qualifications:
- Minimum of 5 years of prior experience equity & options trading
- Series 7, 63 and 57
- Advanced level in coding (Python, Alteryx) and visual analytics platforms (Tableau)
- Ability to manage multiple projects & organizational skills are a must
- Excellent Analytical skills experience in MS Office: Excel, PowerPoint and Word
- Strong work ethic, professionalism and ability to manage multiple priorities under pressure
- Strong communication skills (both verbal and written)
- Ability to learn J.P. Morgan products, systems and trading tools
- Self-motivation and demonstration of initiative