at J.P. Morgan
Bulge Bracket Investment BanksPosted 8 days ago
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**Program Trading Risk Associate** at JPMorganChase in New York manages and mitigates risk in large-stock portfolio trading, collaborating with PT Sales and other Equity teams. Key responsibilities include executing trades, managing risks, partnering with sales, and designing index-related strategies using quantitative models. Ideal candidates hold a quantitative degree, have 2+ years of trading experience, understanding of risk factor models, and strong Proficiency in Python. FINRA licenses encouraged.
- Compensation
- Not specified
- City
- New York City
- Country
- United States
Currency: Not specified
Full Job Description
Location: New York, NY, United States
As a Program Trading Risk Associate within the Equities business at JPMorganChase, you will be part of a dynamic and competitive team focused on managing and facilitating program trading risk.
Job Responsibilities
- Work as a trader on the US Program Trading (PT) Risk team
- Execute and manage risk associated with trading large portfolios of stocks
- Partner with the PT Sales team to facilitate client risk trades and deliver solutions
- Anticipate index rebalancing events and design/back-test related trading strategies
- Use portfolio construction and hedging models to mitigate risk associated with portfolio management strategies
- Collaborate closely with trading and sales teams across Equities, including High Touch, ETF, and Central Risk Book teams
Required qualifications, capabilities, and skills:
- Undergraduate degree (graduate degree preferred) in a quantitative field (e.g., mathematics, statistics, engineering, physics, computer science, or economics)
- Two or more years of sell-side or buy-side quantitative trading experience
- Understanding of risk factor models and optimization techniques
- Experience with statistical modeling, time series analysis, or related data modeling approaches
- Highly self-motivated and comfortable working in a fast-paced, team-oriented environment
Preferred qualifications, capabilities, and skills:
- Strong coding skills in Python
- Knowledge of kdb+/q is a plus
- FINRA licenses including Series 7, 63, and 57 (or ability to obtain)
