Junior Portfolio Finance Trader
Jump Trading · New York, NY · 1 wk ago
On-siteFinance$175k/yrFull-time
What You’ll Do
- Support the daily management of US financing portfolios, borrow rates, sourcing of locates and refinancing of the firm’s equity and credit portfolios
- Manage collateral and margin operations, ensuring the firm’s obligations are met efficiently across counterparties
- Build out tooling that automates reporting and daily workflows to help scale the financing function
- Aid US, Europe, Asia Pacific, and Group Treasurers in all aspects of cash and collateral management
- Assist with the analysis and optimization of the global finance activities of the firm
- Deal in foreign exchange and other money market instruments
- Assist in trading team analysis regarding PnL and cost allocations
- Negotiate and manage margin terms with our key counterparties
- Work closely with Risk and other Back Office functions in supporting daily trading activities
- Aid in the identification and development of new procedures and automation of processes related to the function
Skills You’ll Need
- Minimum academic level of bachelor’s degree in STEM, Accounting, Finance, Computer Science, or related areas
- At least 2 years of experience on the buy or sell side in a Portfolio Finance, Delta One Trading, Repo or Stock Loan role, or experience supporting these desks in a technical/quant strats role with an interest in moving into more of a business facing role
- Tech-savvy using Python or other programming languages
- Solid understanding of treasury and cash management concepts
- Solid understanding of financial markets and different asset classes
- Ability to multitask, prioritize, and manage competing deadlines
- Self-motivated team player with strong interpersonal skills
- Strong written and spoken English communication skills
- Strong analytical and problem-solving skills
- Reliable and predictable availability
Benefits
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary Life & AD&D insurance
- Paid vacation plus paid holidays
- Retail plan with employer match
- Paid parental leave
- Wellness Programs
Annual Base Salary Range
$175,000 USD - $200,000 USD