- Entry level
- No Education
- Salary to negotiate
CIB – Global Equities – Single Stocks Equity Derivatives Trader – Associate / Vice President Our business
Global Equities is part of the IB and offerssolutions, which include trade execution, program and special equity tradingservices; equity-linked services and structuring for new equity-linkedissuances; marketing, structuring and trading services on equity-based orfund-based derivatives products; and a wide range of research, sales,execution, clearing, financing and reporting services.
The single stocks desk is part of EDG and focuses onvanilla volatility products. We transact on behalf of customers' pan-Europeansingle stock vanilla options. Our universe covers pan-European single stockoptions in EMEA and we offer this service to our clients globally.
J.P. Morgan is seeking to recruit a junior single stocks equityderivatives trader. The individual will be required to make prices for our widevariety of clients in pan-European single stock vanilla options. The individualwill be required to risk manage existing positions and also generate highquality trade ideas. The individual will be required to work on projects todevelop further our flow franchise.
Significant knowledge of the options dynamic andtheory is essential, as we require the successful candidate to be able to tradeand manage a book very quickly. Previous trading experience on a equity derivative desk is a must
Skills & qualifications:
- Knowledge in single stock options
- Demonstrate very good knowledge and understanding of the equity markets and of the main equity indices
- Be able to perform in a challenging, fast-paced environment
- Have outstanding communication skills as you will interact extensively within direct colleagues as well as with the sales forces and support functions
- Have a strong mathematical background for pricing derivatives products
- Extensive experience in a relevant Financial services field (ideally IB) with immediately transferable skills
- In-depth knowledge of the above mentioned products
This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.
About J.P. Morgan's Corporate & Investment Bank
J.P. Morgan's Corporate & Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com
JPMorgan Chase & Co. offers an exceptional benefits program and a highly competitive compensation package. JPMorgan Chase & Co. is an Equal Opportunity Employer and a member of the UK Government's Disability Confident Scheme.