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JPMorgan Markets Financial Resource Management – Associate 
United Kingdom, England, London 
977195816

26.06.2024

Job summary

As an Associate within Markets Financial Resource Management team you will work with the Equities and Prime Financial Services management team and relevant desk heads to optimize their financial resource footprint. You task will include, but would not be limited to assessing capital, balance-sheet and funding/liquidity needs, understanding regulatory constraints and firm/Corporate and Investment Banking strategy and how this translates into challenges/opportunities for the business.

You will interface with Trading, Financing and Client Service organizations across Equities and Prime Financial Services, as well as a broad range of Corporate and Investment Banking and Corporate support functions, as we develop strategies for optimal resource deployment and enhancing profitability for the Lines of Business under our remit.

You will also be part of, and interface with, the broader Markets FRM / Markets Portfolio Management team and support the cross-product needs of other Markets Lines of Business i.e., Rates, Credit, SPG, FI Financing, etc.

To succeed in the role you should have a background in finance, trading or structuring, with knowledge of securities (cash and financing) and derivatives products spanning all major asset classes. Ideally, you will also have an understanding of one or more of the following: funding, balance sheet dynamics, liquidity and capital.

Job responsibilities:

  • Become a subject matter expert on capital, balance sheet, funding and liquidity and understand how these financial constraints create challenges/opportunities for the Equities and PFS franchises
  • Play an instrumental role in establishing integrated capital and funding strategy across Markets Trading businesses
  • Analyze key financial metrics driving performance across different equity trading strategies and products
  • Understand the effects of internal policy and external regulatory changes to help manage balance sheet, funding, liquidity and capital related costs/charges within the Markets business
  • Support key regulatory requirements and projects such as CCAR, FRTB and Recovery & Resolution
  • Execute value-add FRM strategic initiatives which will enhance business profitability
  • Develop new and improved reporting tools and analytics to improve FRM team capabilities, and partner with MPM Data Analytics and Technology to create new Big Data solutions for the business.
  • Prepare material / presentations that report on FRM team insights and initiatives to senior management
  • Assist with other ad-hoc strategic and business transformation projects

Required qualifications, capabilities, and skills:

  • Understanding of accounting, balance sheet, funding and regulatory principles and their application
  • Self-directed, highly motivated and able to work independently on multiple conflicting priorities and under pressure. Proactive and entrepreneurial
  • Good interpersonal and communication skills (verbal and written) with ability to interact comfortably with a variety of businesses, management and control functions
  • Strong analytical skills, a quantitative mindset and excellent attention to detail
  • Excellent Excel and Powerpoint skills

Preferred qualifications, capabilities, and skills:

  • Experience and/or awareness of market, credit and liquidity risk aspects of financial products in both cash and derivatives instruments is an advantage

This role encompasses the performance of regulated activity. The successful candidate will therefore be subject to meeting regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the relevant regulatory authorities to carry out such activities.