J.P. Morgan is a top tier liquidity provider in global macro markets offering competitive pricing across commodities products, 300 currency pairs in cash and derivative products. We offer a full spectrum of Commodities products - from plain vanilla to exotic options; from commodities, major currencies to emerging markets. The Automated Trading Strategies (ATS) group drives systematic trading within this space and are responsible for algorithmic pricing, automated risk management and hedging, and intelligent order execution strategies.
As a Analyst or Associate in the Global Commodities - Automated Trading Strategies team, you will work in a fast-paced and challenging environment, focusing primarily on base metals, bullion, energy, gas, and commodity indices. If you consider yourself to be responsible, independent, and able to work in smooth coordination with the larger team to drive the desk's revenue, you may be a great candidate for the role. You will collaborate closely with various business teams to drive revenue and expand the business. Apart from that, you will also be expected to cover a wide range of responsibilities, like those listed below.
Job responsibilities
- Design trading and execution strategies and researching micro-patterns and trends
- Build, maintaining and upgrading applications & tools; also supporting day-to-day operation
- Work with trading professionals in various countries to create software for pricing algorithms for various Commodities, using Python and Java programming languages
- Derive automatic hedging solutions with risk managers to extract the best values out of our flows
- Work in close collaboration with sales to explore ways to expand our e-commerce footprint in the region
- Look for unique automated trading opportunities to drive our trading revenue
- Understand firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies
- Balance potentially competing needs across clients, internal partners and the firm
Required qualifications, capabilities, and skills
- You possess solid design and programming skills, with primary focus on Java and Python
- You are interested in applying agile software development practices in front-office trading environment
- You are interested in market microstructures and quantitative Commodities trading in global markets
- You are attentive to detail, adaptable and hungry to learn new things
- You demonstrable proficiency with market and product terminology
- You think strategically and creatively when faced with problems and opportunities. Always look for new ways of doing things
- You thrive on the challenge of competitive pressures and remain focused on client needs
- You communicate concepts and ideas, both verbally and via documentation, and are able to defend their validity and target messages to different audiences
Preferred qualifications, capabilities, and skills
- Degree in Computer Science, Engineering, Mathematics, Physics, Engineering or equivalent
- Commodities markets experience and general trading concepts and terminology. Experience in the pricing and risk management of Commodities derivatives will be a big advantage
- Experience of working with exchanges, especially CME, ICE and LME
- Direct experience of agile software methodologies
This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.