Trading Operations Manager

JPMorgan Chase & Co.; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global leader in financial services is seeking a dynamic Trader to join their Trading Operations team in London. This role involves overseeing trading processes, executing trades, and maintaining data integrity. Candidates must have a CISI Level 3 Certificate in Securities and experience in trading or investment banking. Strong analytical skills and proficiency in programming languages like Python, R, or SQL are required. This position offers opportunities for innovation within an international consumer banking environment.

Qualifications

• Must possess CISI Level 3 Certificate in Securities.
• Prior experience in trading or investment banking is preferred.
• Proficient in financial modeling and analysis.
• Strong quantitative and analytical skills required.
• Familiarity with trading platforms and financial software.

Responsibilities

• Acquire deep understanding of trading systems.
• Oversee transaction management and accuracy.
• Conduct reconciliation and data verification.
• Execute trades on Bloomberg MTF and Tradeweb MTF.
• Build relationships with market makers.
• Review and refine operational processes.
• Assess processes for scalability and compliance.
• Develop relationships with counterparties and vendors.
• Maintain Trading Handbook.
• Manage trading performance metrics.
• Collaborate to drive product and process innovation.

Skills

Financial modeling and analysis

Quantitative skills

Analytical skills

Programming in Python

Programming in R

Programming in SQL

Communication skills

Interpersonal skills

Attention to detail

Risk management skills

Education

CISI Level 3 Certificate in Securities

Job description

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Job Description

We are seeking a dynamic and motivated Trader to join our Trading Operations team. The successful candidate will be responsible for ensuring that key operational and trading processes are completed, documented, analyzed, and improved in line with business growth.

Position Overview

We are looking for someone who brings fresh ideas and uses their initiative to drive change and innovation within our team. This role offers an exciting opportunity for individuals eager to learn and take on challenges within an international consumer banking environment.

Key Responsibilities

• Master System and Process Knowledge: Acquire a deep understanding of the bank's trading systems and processes to ensure seamless operations.
• Efficient Transaction Management: Oversee the mass processing of various transactions, including trades, deposits, dividends, transaction reporting, and ISA subscriptions, ensuring accuracy and timeliness.
• Data Integrity and Management: Conduct thorough reconciliation, data verification, and cleansing to maintain high data integrity standards.
• Execute Trades: Skillfully execute trades on Bloomberg MTF and Tradeweb MTF platforms, ensuring optimal outcomes.
• Relationship Cultivation: Build and maintain strong relationships with market makers and counterparties to facilitate effective trading operations.
• Optimize Operational Processes: Regularly review and refine key operational processes and data in collaboration with the Head of Trading to enhance efficiency and effectiveness.
• Process Evaluation: Assess processes for scalability, risk, and compliance, ensuring they align with business objectives and regulatory standards.
• Strategic Relationship Building: Develop and nurture relationships with market counterparties and vendors to support and enhance trading activities.
• Ensure Data Accuracy: Maintain up-to-date and accurate stock and market counterparty data to support informed trading decisions.
• Maintain Trading Handbook: Oversee the maintenance of the Trading Handbook to ensure accurate and efficient trading operations.
• Track Trading Performance: Manage the trading TCA metric file to monitor and evaluate trading performance effectively.
• Drive Product and Process Innovation: Collaborate with stakeholders to develop innovative products, ensuring the trading team has the necessary tools to manage new offerings.

Qualifications

• Certifications and Exams: Candidates must already possess the CISI Level 3 Certificate in Securities or an equivalent qualification, covering essential regulatory and securities knowledge required for executing trades.
• Experience: Prior experience in trading, investment banking, or a related financial services role is preferred. Experience with specific asset classes (e.g., equities, fixed income, derivatives) may be required.
• Skills: Proficiency in financial modeling and analysis, with strong quantitative and analytical skills. Familiarity with trading platforms and financial software. Proficiency in programming languages such as Python, R, or SQL is mandatory.
• Soft Skills: Strong communication and interpersonal skills, ability to work under pressure, and strong attention to detail and risk management skills.
• Regulatory Knowledge: Understanding of UK financial regulations and compliance requirements relevant to trading activities, including those set by the FCA.
• Innovation and Initiative: Demonstrated ability to bring fresh ideas and use initiative to drive change and innovation within the team.

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.

Equal Opportunity Employer

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.