Trade Associate

JOB DESCRIPTION

Join a world-class team at J.P. Morgan, where innovation meets excellence in wealth management. As a Trade Associate, you'll be part of a dynamic environment that values precision, analytical prowess, and a passion for financial markets. Elevate your career by contributing to our global success story.

As a Trade Associate within the Portfolio Management Group, you will facilitate scalable tax-efficient trading and assist portfolio managers in managing investment books. You will work closely with global teams to ensure adherence to client mandates and best practices. Your role will involve continuous monitoring and optimization of portfolios to deliver exceptional client experiences.

Job Responsibilities:

• Partner with the PMG Tax Transition Team to execute trades on a scalable platform and validate tax-efficient trades, including tactical trades and tax loss harvesting.
• Facilitate the migration of accounts to the tax-efficient scalable platform to enhance operational efficiencies.
• Oversee daily trading activities such as cash management, investment strategy adjustments, and security inflows.
• Run data analytics to identify trading optimization opportunities and report on portfolio risk using key metrics like Standard Deviation, Beta, R-Square, Risk Utilization, and Tracking Error.
• Develop a controls mindset by identifying process gaps and implementing innovative methods to ensure audit-ready procedures, including UAT testing new features.
• Create robust reporting tools and key metrics to effectively monitor and control accounts on the platform.
• Engage and communicate with local and global clients and support teams to ensure timely status updates and manage any escalations.
• Contribute towards strategic priorities of business including UAT testing new features.

Required Qualifications, Capabilities, and Skills:

• 4+ years of relevant experience in portfolio analytics, monitoring/risk, or a related research/analyst function.
• An MBA or a postgraduate degree in Finance (or related field);
• Strong quantitative and analytical skills with expertise in data analysis and understanding of data flows.
• Proven ability to enhance processes using scripting languages (Python or R), with high proficiency in Python.
• Advanced proficiency in core MS Office applications, particularly in Excel (with experience in Access and PowerPoint).
• Excellent communication skills, with exceptional attention to detail and the ability to manage complex portfolio risks in a dynamic environment.

Preferred Qualifications, Capabilities, and Skills:

• Experience with scripting languages and/or data analysis tools like Alteryx, Python, Tableau and VBA
• CFA is an added advantage
• Strong problem-solving, control, and project management skills
• Experience with tools such as QlikView, Alteryx, Tableau, and SQL is highly advantageous.

ABOUT US

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 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.

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.