CIB – Equities Trading – Analyst / Associate
About J.P. Morgan
J.P. Morgan is a leader in financial services, working in collaboration across the globe to deliver the best solutions and advice to meet our clients’ needs, anywhere in the world. We operate in 150 countries, and hold leadership positions across our businesses. We have an exceptional team of employees who work hard to do the right thing for our clients and the firm, every day. This is why we are the most respected financial institution in the world – and why we can offer you an outstanding career.
The Equities business at J.P. Morgan provides a full complement of equity and equity-linked solutions to institutional investor clients — from ideas and insights from top-ranked analysts, to high-touch sales and trading services, to world-class algorithmic and electronic trading capabilities. Our sales and trading professionals work in coordination with our capital markets professionals to help issuers access the equity markets as a top-tier equity underwriter.
Work closely with the existing Equities Central Risk trading team and its partners - Cash Trading, Linear Quant Research, Equities Technology - to manage incoming client equity trade flow in a systematic and efficient way.
Conduct research with the goal of (a) refining the existing trading process; (b) creating new trading strategies, and (c) building new client products. Run rigorous strategy back-tests, and work closely with the Quant team on modelling and development.
Work with large structured or unstructured data sets to analyse trading behaviour and trends to improve portfolio performance.
Apply statistical methods to studies on events and order execution.
Build improvements in the back-testing environment to enable more efficient studies.
Run a large long-short equity portfolio with a high level of control and transparency. Work with analytics team to refine the metrics distributed to senior management and other stakeholders.
Identify areas of process improvement and work with Equities Technology to bring solutions into production; effectively project manage the trading side of new technology initiatives.
1+ years in quantitative portfolio management and/or managing in an automated/systematic equity environment.
Experience in statistical arbitrage strategies is a plus.
Undergraduate or Advanced quantitative degree; an academic background with sell-side trading experience is desired.
Expertise with technical aspects of trading systems; ability to work closely with JPM Technology teams to leverage existing trading technology and expand the platform.
Statistical modelling, time series, or other data modelling experience.
Very self-motivated, willing to be part of a very dynamic and competitive team.
Strong communication skills – must be able to effectively engage with a diverse set of partners and dependents to the Equities Central Risk trading effort.
Strong coding skills in Python, Java, or C++. Competency in R also a plus.
Knowledge of kdb/q is a plus.