Location: LONDON, United Kingdom

This role offers a unique opportunity to create an impact on the expense side of the Markets business by looking at JPM’s brokerage expenses across multiple markets.

As an Trading Venue Cost Optimisation Senior Associate in the Cost Optimization team, 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, e.g. Equities, Interest Rates, Foreign Exchange, Credit, Commodities, and cover all countries in EMEA, and often partnering with colleagues in other regions.

Job responsibilities:

• Understand the landscape of trading venues and their relationship with JPMorgan’s trading desks
• Analyze 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 costs
• Present findings from data analysis to our global team, respective desks and business managers in an objective and precise manner
• Assist with on-going and upcoming brokerage negotiations with brokers, along with drafting of rate cards
• Provide 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/brokerage
• Provide regional updates to the CCS product team on market changes
• Collate metrics to measure, mitigate, monitor and report risk

Required qualifications, capabilities and skills:

• Experience in financial industry
• Advanced analytical skills with proficiency in MS Office (Excel, Power point)
• Good understanding of Over The Counter (OTC) traded products, and trading venues
• Intermediate knowledge of Tableau and Alteryx
• Good negotiation skills
• Act with integrity and with best interests of the firm in mind

Preferred qualifications, capabilities and skills:

• Excellent presentation skills
• Existing relationship with trading venues in EMEA region
• Basic knowledge of trading flows

Develop and execute strategies to optimize the trading costs across Brokerage, Clearing and Exchange (BCE) for EMEA markets.