JPMorgan Markets Operations - Cost Optimization Strategy Associate 

China, Hong Kong, Kowloon 

540965403

As an associate in the Cost Optimization team, you will be a part of a group of specialized individuals within Cost and Commission Services (CCS) group, working on the mandate of optimizing our BCE cost. We work with trading desk across all the asset classes, eg. Equities, Interest Rates, Foreign Exchange, Credit, Commodities, and cover all the countries in APAC, eg. Australia, Japan, South Korea, Taiwan, China, Hong Kong, Singapore, Philippines, Vietnam, Indonesia, Malaysia, Thailand, India.

Job responsibilities:

• Understand the landscape of trading venues and their relationship with JPMorgan’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
• Assist with on-going and upcoming brokerage negotiations with brokers, along with drafting of rate cards
• Provide support with the design and implementation of MIS, including management of visualization dashboard (Tableau)
• Assist in rolling out the Cost+ mandate in APAC as well as onboarding of new clients
• Manage stakeholders internally (Trading Desks, Business Managers, Operations, Finance, Legal, Controls) as well as externally (Brokers/Venues)
• Provide support to the CCS operations team on the queries related to brokers/brokerage
• Provide regional updates to the CCS product team on market changes
• Assist in adhoc 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:

• Minimum 3 years of full time working experience in financial industry
• Advanced analytical skills with proficiency in MS Office (Excel, Power point)
• Good understanding of Over The Counter (OTC) traded products, and trading venues
• Excellent communication skills in English (Written and Verbal)
• Intermediate knowledge of Tableau and Alteryx
• Good negotiation skills
• Act with integrity and with best interests of the firm in mind

Preferred qualifications, capabilities and skills:

• Excellent presentation skills
• Existing relationship with trading venues in Asia region
• Basic knowledge of trading flows