JPMorgan Chase Wealth Management - Private Bank Foreign Exchange, Commodities, and Rates Solutions, Associate - NY in New York, New York
J.P. Morgan Asset & Wealth Management, with client assets of $2.8 trillion, is a global leader in investment and wealth management. Its clients include institutions, high-net-worth individuals and retail investors in every major market throughout the world. The division offers investment management across all major asset classes including equities, fixed income, alternatives, multi-asset and money market funds. For individual investors, the business also provides retirement products and services, brokerage and banking services including trusts and estates, loans, mortgages and deposits.
The Private Bank FX & Commodities desk (a) develops market views; (b) investigates and determines the best execution vehicles to express market views, both tactical and longer-term; (c) markets investment ideas; and (d) executes FX & Commodity trades. All members of the team are expected to help with all parts of this process. All members of the team, to different degrees, are client facing and help out with whatever needs attention regardless of seniority. The global team has desks in New York, London, Geneva and Hong Kong which work together closely.
Responsibilities include, but are not limited to the following:
Pricing and Execution for FX and Commodity trades: Spot, Forward, Derivatives, and Structured Products. The client base of focus often trades complex and exotic strategies.
Candidate would have a strong commodities background (ideally actual trading and/or sales experience in commodities).
Quantitative and qualitative analysis on markets and trade ideas (generally via excel).
The person for this particular role should also have strong options experience and knowledge of options theory.
In addition, our ideal candidate would have some background in Latin American markets and speak Spanish and/or Portuguese.
Understanding of market risks from a pricing and execution perspective. Efficiency and accuracy in pricing various trade strategies.
Daily client interaction (over the phone or in person) to discuss our trading platform, markets, and to offer solutions
Build relationships with Private Bank investors and bankers throughout the US, Europe, and Asia
Develop and present on investment ideas
Must be eligible to work in USA - New York
Must have at least 2 years’ experience in FX and/or Commodities markets
Strong skills in Microsoft Excel, PowerPoint, Bloomberg and Word
Options background - work and/or academic - required
Follow economics, international finance, foreign exchange/commodities and international news events
Series 7 & 63 licenses required for position; however, unlicensed candidates considered but required to obtain licenses within 120 days of start date
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.