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.