DESCRIPTION:
Duties: Monitor financial market activity, in order to provide clients with up-to-date information about market developments. Collaborate closely with JPM's Trading and Research functions, as well as other departments. Work with trading, middle and back office functions to support client trading activity including the entire life-cycle of a trade from trade execution to trade settlement. Work to process trade booking, confirmation, and matching. Facilitate foreign exchange (FX) trading and provide liquidity to clients. Evaluate hedging strategies. Implement FX hedging programs. Provide clients with bespoke trade ideas and hedging solutions. Update clients on market activity. Provide alternative solutions for corporate risk management. Collaborate with various JPMorgan Product Partners to ensure optimal corporate client service for strategic risk management, transactional risk management, cash management, and event-driven solution-based hedging. This position requires up to 25% domestic travel to client offices.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Political Science, Economics, Accounting, Finance, Math, Statistics, Engineering, or related field of study plus 2 years (24 months) of experience in the job offered or as Investment Banking, Investment Analyst, Financial Analyst, Corporate FX Sales Representative or related occupation.
Skills Required: This position requires two (2) years of experience with the following: performing foreign exchange (FX) risk management, including trade execution, assessing market dynamics, client engagement on risk management, evaluating hedging strategies, and implementing FX hedging programs; advising clients on trade ideas and hedging solutions based on market activity, and offer alternative solutions for corporate risk management; using data analytic software including Tableau and the Bloomberg Excel plug-in for data analysis and reporting including Bloomberg for pricing, market analysis, client research, and capital structure review; using PowerPoint to create presentations to discuss market updates and trade solutions; modelling, pricing, and executing trades, including assessing the credit risk associated with trades, return hurdles, market risk, and client objectives; preparing strategic solutions for counterparty risk management; calculating derivative pricing including FX forwards, swaps, FX options, interest rate swaps, and cross currency swaps; assessing credit risk of derivatives; negotiating ISDA and collateral terms; overseeing a portfolio of at least 30 corporate and financial clients including risk management support; presenting and implementing hedge strategies; providing hedge accounting support; collaborating with stakeholders to introduce treasury related products such as Interest Rate Risk Management, Cash Management, Transactional FX, or Payments Solutions. This position requires up to 25% domestic travel to client offices.
Job Location: 270 Park Avenue, New York, NY 10017. This position requires up to 25% domestic travel to client offices.
Full-Time. Salary: $235,000 - $285,000 per year.