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Trading Venues Cost Optimization Senior Associate

ExperiencedNo visa sponsorship
J.P. Morgan logo

at J.P. Morgan

Bulge Bracket Investment Banks

Posted 3 months ago

No clicks

Location: Brooklyn, NY. The role is in the Cost and Commission Services (CCS) group focused on optimizing BCE costs across trading venues. You will analyze large sets of trading and brokerage data, identify cost-reduction opportunities, and support broker negotiations and rate-card design. You will develop and maintain MIS and Tableau dashboards, manage internal and external stakeholders, and drive data-driven cost management across global trading desks.

Compensation
Not specified USD

Currency: $ (USD)

City
Brooklyn
Country
United States

Full Job Description

Location: Brooklyn, NY, United States

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 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
  • Assist in adhoc projects, Client connectivity optimization or others as deemed necessary by business
  • Collate metrics to measure, mitigate, monitor and report risk

Required qualifications, capabilities and skills:

  • At least 6 years of work experience in the Financial Services industry
  • Advanced analytical skills with proficiency in MS Office (Excel, Power point)
  • Good understanding of Over The Counter (OTC) traded products, and trading venues
  • Excellent communication skills in English (Written and Verbal)
  • 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 will be beneficial
  • Existing relationship with trading venues in Americas
  • Basic knowledge of trading flows, products and cost
  • Knowledge of Structured Query Language (SQL) queries will be a plus
Drive trading cost optimization and shape revenue strategies in a collaborative, data-driven team.

Trading Venues Cost Optimization Senior Associate

Compensation

Not specified USD

City: Brooklyn

Country: United States

J.P. Morgan logo
Bulge Bracket Investment Banks

3 months ago

No clicks

at J.P. Morgan

ExperiencedNo visa sponsorship

Location: Brooklyn, NY. The role is in the Cost and Commission Services (CCS) group focused on optimizing BCE costs across trading venues. You will analyze large sets of trading and brokerage data, identify cost-reduction opportunities, and support broker negotiations and rate-card design. You will develop and maintain MIS and Tableau dashboards, manage internal and external stakeholders, and drive data-driven cost management across global trading desks.

Full Job Description

Location: Brooklyn, NY, United States

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 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
  • Assist in adhoc projects, Client connectivity optimization or others as deemed necessary by business
  • Collate metrics to measure, mitigate, monitor and report risk

Required qualifications, capabilities and skills:

  • At least 6 years of work experience in the Financial Services industry
  • Advanced analytical skills with proficiency in MS Office (Excel, Power point)
  • Good understanding of Over The Counter (OTC) traded products, and trading venues
  • Excellent communication skills in English (Written and Verbal)
  • 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 will be beneficial
  • Existing relationship with trading venues in Americas
  • Basic knowledge of trading flows, products and cost
  • Knowledge of Structured Query Language (SQL) queries will be a plus
Drive trading cost optimization and shape revenue strategies in a collaborative, data-driven team.