Structurer
JPMorgan Chase
DESCRIPTION:
Duties: Market and originate structured transactions for clients. Create marketing materials for JPMC products and indices. Maintain existing client trades and ensuring that the platform provides the traders' correct positions to hedge. Execute transactions in tandem with the sales and trading teams on the structured investments designed for JPMC clients. Formulate new product and trade ideas that can be shown to JPMC clients. Running backtests for trade ideas in excel and python. Implementing trade idea for execution in the company's python framework. Liaise with legal to draft index rules that detail index calculation methodology. Use JPMC pricing tools to price exotic derivatives linked to equity and other assets. Liaise with internal drafting team to create trade confirmations to provide clients with trade details. Communicate extensively with clients and external vendors regarding possible partnerships in index development and calculation. Participate in client meetings to pitch products and trade ideas or otherwise answer technical questions related to the trades.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Mathematics, Economics, Finance, Computer Science, Financial Engineering or related field of study plus three (3) years of experience in the job offered or as Structurer, Investable Index Structurer, Currencies & Commodities Derivatives Structurer, Cross-asset Derivatives Structurer or related occupation. The employer will alternatively accept a Master's degree in Mathematics, Economics, Finance, Computer Science, Financial Engineering or related field of study plus one (1) year of experience in the job offered or as Structurer, Investable Index Structurer, Currencies & Commodities Derivatives Structurer, Cross-asset Derivatives Structurer or related occupation.
Skills Required: Requires experience in the following: financial mathematics including derivatives pricing models, Black Scholes model, local volatility model and the stochastic volatility model; modern portfolio theory and index mathematics; Python, Excel for financial modeling, time series analysis, portfolio and backtesting; VBA; legal documents with external vendors; equity derivatives retail structured products and insurance markets; portfolio construction techniques including risk parity and risk contribution; investment strategies including equity risk premium; structured products construction and product chassis including ETFs, registered notes, OTC and derivatives; trade idea and index backtesting techniques; building systematic portfolio allocation techniques including mean- variance optimization, constrained risk optimization, Markowitz optimization, risk parity and risk budget-based allocation, equity carry strategies, equity volatility strategies and volatility targeting; insurance products including annuities and life insurance.
Job Location: 383 Madison Ave, New York, NY 10179. This position requires up to 10% domestic travel.
Full-Time. Salary: $260,000.00 - $285,000.00 per year.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
**Base Pay/Salary**
$260,000.00 - $285,000.00 / year per year.
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