JPMorgan Chase CIB – Fixed Income Prime Brokerage – Associate in New York, New York
CIB - Fixed Income Prime Brokerage- Associate
J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
J.P. Morgan’s Investor Services is a global leader providing solutions and helping institutional investors and broker-dealers optimize efficiency, mitigate risk and enhance revenue through custody and asset servicing, securities and derivatives clearance, and collateral management offerings in more than 100 markets. Capabilities housed within Investor Services include: prime brokerage, clearing for futures and options, OTC derivatives, securities and U.S. treasuries; collateral management on both the buy-and-sell-side; financing and securities lending; global and direct custody; fund services; and depositary receipts.
About JPMorgan Prime Brokerage and Financing
J.P. Morgan is one of the world's leading Prime Brokers. We offer global clients a broad set of conventional and synthetic financing products, including a global securities lending platform, clearing and settlement, comprehensive reporting, and a suite of value added services such as Capital Introduction and Consulting.
The FI PB team provides access to repo financing through the JP Morgan global repo franchise, supports client financing around the street, manages client cash investments and provides support for all aspects of strategies within the fixed income space. The candidate should possess a strong work ethic, fixed income market knowledge and the ability to cultivate client relationships while assisting team members with daily operational tasks. Growth opportunities for candidate to handle primary account coverage, provide repo color, develop strategic initiatives and work on new sales prospects.
Cover day to day financing for hedge fund clients and understand their business needs.
Partner with the repo desk, credit, sales, pricing and other internal teams to execute and coordinate repo trading
Support all aspects of the desk including trade bookings, cash and rate updates, break resolution and cash investment
Operational oversight and process improvement- focus on daily operational risk, position and cash management
Develop solutions to bespoke client requests as the product expert
Work in partnership with Account Management and Operations globally to ensure daily operational efficiency while minimizing market risk and firm exposure
6:30 am start time required
Exposure to all functions of managing a business front to back-( sales, technology, legal docs, operations, repo financing, financials )
Assisting in client pitches, evaluating and pricing new business
Support growth of FI business and client experience through diverse projects and platform development projects
Partner within greater Prime finance franchise and Repo desk by driving growth and identifying financing opportunities among client base
Opportunity to get involved in cross products offerings and senior interaction on client initiatives
Very strong interpersonal skills as position is client facing and interacts with a diverse group of internal and client teams
Strong attention to detail and follow up on outstanding issues
Proactive and positive approach to problems,
Self- starter seeking process efficiencies , business growth and ability to work independently
Demonstrate creative thinking and problem solving ability
Strong sense of business judgement, ability to process client requirements and understand opportunities
Series 7 and 63 preferred
Excel and presentation skills a plus
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.