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Cost Optimization Strategy Manager Vice President

JPMORGAN CHASE BANK, N.A.

Singapore

On-site

SGD 90,000 - 120,000

Full time

2 days ago
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Job summary

A financial services firm is seeking a Cost Optimization Strategy Manager to optimize trading costs across Asia Pacific. Responsibilities include analyzing trading data, managing relationships with trading desks, and supporting brokerage negotiations. The ideal candidate has a Bachelor's degree in a relevant field, at least 8 years of experience in financial services, and advanced analytical skills. Proficiency in Tableau and excellent communication skills are essential for this role.

Qualifications

  • 8+ years of experience in the Financial Services industry.
  • Existing relationships with trading venues in Asia.

Responsibilities

  • Analyze trading data to reduce costs.
  • Assist in brokerage negotiations and rate card drafting.
  • Manage stakeholder communications and provide updates.

Skills

Analytical skills
Communication skills
Negotiation skills
Advanced Excel proficiency
Expert knowledge of Tableau

Education

Bachelor’s degree in Economics, Finance, Business, or related disciplines

Tools

Tableau
Alteryx
Microsoft Office Suite
Job description

Are you ready to make a real impact on trading profitability? Join a team where your expertise drives both cost savings and revenue growth. You’ll collaborate with diverse colleagues, develop specialized skills, and gain a holistic view of trading profit and loss. Experience career mobility and the opportunity to influence business outcomes. Be part of a culture that values your ideas and supports your success.

As a Cost Optimization Strategy Manager in the Markets Operations team, you will work within the Cost and Commission Services group to develop and execute strategies that optimize trading costs across Brokerage, Clearing, and Exchange for Asia Pacific markets. You will partner with trading desks across asset classes, including Equities, Interest Rates, Foreign Exchange, Credit, and Commodities, covering all major countries in the region. You will analyze trading data, collaborate with stakeholders, and help shape the future of cost management. You will be empowered to drive change, innovate, and make a measurable impact on the business.

Our team specializes in optimizing trading costs and commissions, working closely with trading desks and business managers across Asia-Pacific. We support a wide range of asset classes and markets, leveraging advanced analytics and digital tools to deliver best-in-class solutions. You’ll have the opportunity to work on high-profile projects, contribute to business strategy, and grow your career in a dynamic, collaborative environment.

Job responsibilities
  • Understand the landscape of trading venues and their relationship with J.P. Morgan's trading desks
  • Analyze big sets of trading data, brokerage data, and rate cards across asset classes to reveal cost associated with trades and find avenues to reduce such costs
  • Present findings from data analysis to our global team, respective desks and business managers in an objective and precise manner
  • Assist with ongoing and upcoming brokerage negotiations with brokers, along with drafting of rate cards
  • Provide support with the design and implementation of management information system, including management of visualization dashboard (Tableau)
  • Assist in rolling out the Cost+; mandate in Asia Pacific as well as onboarding of new clients
  • Manage stakeholders internally (Trading Desks, Business Managers, Operations, Finance, Legal, Controls) as well as externally (Brokers/Venues)
  • Provide support to the Cost and Commission Services operations team on the queries related to brokers/brokerage
  • Provide regional updates to the Cost and Commission Services product team on market changes
  • Assist in ad hoc projects like Cost+;, Client connectivity optimization or others as deemed necessary by business
  • Collate metrics to measure, mitigate, monitor and report risk
Required qualifications, capabilities and skills
  • Bachelor’s degree in Economics, Finance, Business, or related disciplines
  • At least 8 years of work experience in the Financial Services industry
  • Existing relationship with trading venues in Asia region
  • Thorough understanding of Over-the-Counter (OTC) traded products, and trading venues
  • Good understanding of trading flows and the agency business model
  • Advanced analytical skills with proficiency in Microsoft Office Suite (i.e. Excel, PowerPoint, etc.)
  • Excellent communication skills
  • Expert knowledge of Tableau and Alteryx
  • Excellent negotiation skills
  • Act with integrity and with best interests of the firm in mind
Preferred qualifications, capabilities and skills
  • Knowledge of Structured Query Language (SQL) queries will be a plus
  • Prior team management experience will be beneficial
To apply for this position, please use the following URL

https://ars2.equest.com/?response_id=4189671811b6c5102416a3d79e8eaa26

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