Brooklyn, NY, United States
16 hours ago
Trading Venues Cost Optimization Senior Associate

Job summary:

Are you ready to make a real impact on trading profitability? Join a team where your analytical skills and insights drive both cost savings and revenue growth. You’ll collaborate with talented colleagues, develop specialized expertise, and gain a holistic view of trading profit and loss. Experience career mobility and the opportunity to influence business outcomes. Be part of a culture that values your ideas and supports your success.

As a Trading Venue Cost Optimization Senior Associate at JPMorgan Chase, you will be a part of a group of specialized individuals within “Cost and Commission Services” (CCS) group, working on the mandate of optimizing our BCE cost. You will work with trading desk across all the asset classes, eg. Equities, Interest Rates, Foreign Exchange, Credit, Commodities, and cover all the countries in North America (NAMR) and Latin America (LATAM), and often partnering with colleagues in other regions. Additionally, you will analyze trading data, collaborate with stakeholders, and help shape the future of cost management. You will be empowered to drive change, innovate, and make a measurable impact on the business.

Job responsibilities:

Understand the landscape of trading venues and their relationship with JPMorgan’s trading desksAnalyze big sets of trading data, brokerage data, and rate cards across asset classes to reveal cost associated with trades and find avenues to reduce such costsPresent findings from data analysis to our global team, respective desks and business managers in an objective and precise mannerAssist with on-going and upcoming brokerage negotiations with brokers, along with drafting of rate cardsProvide support with the design and implementation of MIS, including management of visualization dashboard (Tableau)Manage stakeholders internally (Trading Desks, Business Managers, Operations, Finance, Legal, Controls) as well as externally (Brokers/Venues)Provide support to the CCS operations team on the queries related to brokers/brokerageProvide regional updates to the CCS product team on market changesAssist in adhoc projects, Client connectivity optimization or others as deemed necessary by businessCollate metrics to measure, mitigate, monitor and report risk

Required qualifications, capabilities and skills:

At least 6 years of work experience in the Financial Services industryAdvanced analytical skills with proficiency in MS Office (Excel, Power point)Good understanding of Over The Counter (OTC) traded products, and trading venuesExcellent communication skills in English (Written and Verbal)Intermediate knowledge of Tableau and AlteryxGood negotiation skillsAct with integrity and with best interests of the firm in mind

Preferred qualifications, capabilities and skills:

Excellent presentation skills will be beneficialExisting relationship with trading venues in AmericasBasic knowledge of trading flows, products and costKnowledge of Structured Query Language (SQL) queries will be a plus
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