Global Commodities - Automated Trading Strategies - Analyst or Associate

JPMorganChase; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global financial services leader is hiring an Analyst or Associate for its Global Commodities team. The role involves designing trading strategies, collaborating with trading professionals using Java and Python, and navigating commodity markets. Ideal candidates should possess solid programming skills, an interest in agile environments, and the ability to drive revenue through strategic collaboration. This position offers competitive compensation and promotes a diverse work environment.

Qualifications

• Solid design and programming skills with a focus on Java and Python.
• Interest in market microstructures and quantitative trading.
• Attention to detail and adaptability.

Responsibilities

• Design trading strategies and research micro-patterns.
• Build and maintain applications to support operations.
• Collaborate with trading professionals on pricing algorithms.

Skills

Java programming skills

Python programming skills

Agile software development

Market microstructure knowledge

Client-focused mindset

Education

Degree in Computer Science, Engineering, Mathematics, or Physics

Job description

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.

Job Summary

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, maintain and upgrade applications & tools; also support 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 follow 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 demonstrate 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.

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first‑class business in a first‑class way approach to serving clients drives everything we do. We strive to build trusted, long‑term partnerships to help our clients achieve their business objectives.

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 FAQs for more information about requesting an accommodation.

About the Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.