Jobs · Management · New York

Markets Operations - Cost Optimization Strategy Manager - Vice President-

JPMorganChase · Brooklyn, NY · 3 wk ago
On-siteManagementFull-time

Job Responsibilities

  • Understand the landscape of trading venues and their relationship with J.P. Morgan'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
  • Aid with ongoing and upcoming brokerage negotiations with brokers, along with drafting of rate cards
  • Support with the design and implementation of management information systems, including management of visualization dashboards (Tableau)
  • Manage stakeholders internally (Trading Desks, Business Managers, Operations, Finance, Legal, Controls) as well as externally (Brokers/Venues)
  • Provide support to the Cost and Commission Services operations team on the queries related to brokers/brokerage
  • Provide regional updates to the Cost and Commission Services product team on market changes
  • Assist in ad hoc projects like Cost+, Client connectivity optimization or others as deemed necessary by business
  • Collate metrics to measure, mitigate, monitor and report risk

Required Qualifications, Capabilities And Skills

  • Bachelor's degree in Economics, Finance, Business, or related disciplines
  • Minimum 8 years of work experience in the Financial Services industry
  • Thorough understanding of Over-the-Counter (OTC) traded products, and trading venues
  • Good understanding of trading flows and the agency business model
  • Advanced analytical skills with proficiency in Microsoft Office Suite (i.e. Excel, PowerPoint, etc.)
  • Excellent communication skills
  • Knowledge of Tableau and Alteryx
  • Excellent negotiation skills
  • Act with integrity and with best interests of the firm in mind

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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