Prime Finance Trader Assistant Associate

JPMorgan Chase & Co.; Greater London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading financial services firm in Greater London is looking for a Prime Finance Trader Assistant to support trading operations. Responsibilities include ensuring accurate trade capture, performing risk management controls, and collaborating with multiple teams regarding Cash Equity trades. The ideal candidate will have strong knowledge of security and derivative products, exceptional analytical skills, and the ability to work under pressure. This role offers opportunities for process improvements and professional growth.

Qualifications

• Strong knowledge of derivatives and trading workflows.
• Experience in a Prime/Hedge Fund business setting.
• Ability to challenge processes and suggest solutions.

Responsibilities

• Ensure accurate trade capture into Risk Management systems.
• Perform end-of-day controls for risk representation.
• Liaise with teams regarding Cash Equity trades.

Skills

Strong security and derivative products knowledge

Sound understanding of Equity Swaps

Experience supporting Trading Desks

Self-motivation

Excellent Analytical skills

Excellent communication skills

Highly organized

Ability to work well under pressure

Tools

MS Excel

Job description

Support Prime Finance trading, ensure accurate trade capture, manage risk controls, and drive process improvements in a dynamic team.
As a Prime Finance Trader Assistant within the Prime Finance Trading Services Team you will be responsible for ensuring that all trades executed are entered completely & accurately into the Risk Management systems and performing core start-of-day and end-of-day controls to ensure Risk is correctly represented for Front Office.

Job responsibilities

• Ensure that all trades executed are entered completely & accurately into the Risk Management systems
• Perform core start-of-day and end-of-day controls to ensure Risk is correctly represented for Front Office
• Ensure all trade capture and reporting exceptions are verified, cleared and escalated appropriately in a timely manner
• Liaise with various other FO, MO and BO Teams on issues related to Cash Equity trades e.g. Product Control, Sales, Sales Support, Cash and Derivative Settlements, Client Services, Reconciliations, Technology, Business Management
• Manage trade life cycle events (expiries, dividends, corporate actions, etc.)
• Improve the pre and post trade controls environment
• Maximize trade processing STP through tactical problem solving and root cause analysis
• Produce analysis for the trading desks and senior management
• Provide input into core projects including industry-wide initiatives, regulatory, trading strategy, operational programs

Required qualifications, capabilities and skills

• Strong security and derivative products knowledge
• Sound understanding of Equity Swaps, Cash Equities, Derivative products, trading workflows and corporate actions
• Experience supporting Trading Desks in Prime/ Hedge Fund business
• Relevant Operational experience
• Self-motivation and demonstration of initiative
• Excellent Analytical skills
• Excellent oral and written communication and presentation skills
• Highly organized
• Extremely detailed and control orientated
• Keen to challenge processes and suggest automated solutions
• Ability to work well under pressure

Preferred qualifications, capabilities and skills

• Confidence to communicate with senior managers effectively
• Strong problem-solving skills
• Familiarity of various risk management systems and an advanced MS Excel skills
• Strong work ethic and the ability to adapt to different business needs