Equity Derivative Sales - Vice President

J.P. Morgan; New York (NY); On-site; USD 250,000 - 350,000; Full time

Job summary

JPMorgan Chase seeks a Vice President in Equity Derivatives Sales in New York to join the front office. The role focuses on building relationships, providing market updates, and executing client orders across flow and exotic equity derivatives.

You will collaborate with trading and research to deliver comprehensive client coverage, develop marketing ideas, and initiate transactions, while gaining exposure to other sales teams as needed.

Qualifications

• Minimum of 4 years' working experience in financial industries.
• Entrepreneurial drive with strong analytical and quantitative skills.
• Proficient in market and product lingo with pricing/models.
• Creative problem solving and willingness to explore new approaches.
• Understanding of risk drivers and market movements.
• Bachelor's degree in a relevant field.

Responsibilities

• Support day-to-day client requests and needs.
• Pitch trade ideas and execute derivative trades.
• Understand drivers of markets and share market color with clients.
• Follow firm's risk policies and regulatory rules.
• Work on flow & exotic equity derivatives, Delta One swaps, cross-asset QIS.
• Prepare deal pitches and post-trade entries.
• Conduct economic market research.
• Identify new client and product opportunities.

Skills

Analytical skills

Quantitative skills

Market knowledge

Client relationship

Communication skills

Independent worker

Education

Bachelor's degree in a relevant field

Job description

This role sits within the front office and will be working in a dynamic Front Office environment. You will help build and maintain relationships with clients and internal stakeholders and match our services and products to their needs.

As a Vice president in Equity Derivatives Sales, you will work with the trading and research teams to provide comprehensive client coverage, including fulfilling client requests for market updates, executing client orders and providing Institutional and Asset Owner clients with information about specific securities. You will also be involved in providing marketing ideas and help initiate transactions. If successful in your role, you will also have the opportunity to gain wider exposure to other sales teams.

Job responsibilities

• Supporting the day to day client requests and needs
• Pitch trade ideas and execute derivative trades.
• Understand drivers of relevant markets and share market color with clients.
• Understands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follow policies.
• Key products to work on: flow & exotic equity derivatives, Delta One swaps, and cross asset QIS Investments.
• Build foundation of trust with clients by demonstrating an understanding of their needs, clearly articulating desk ideas, and being responsive.
• Balance potentially competing needs across clients, internal partners and the firm.
• Assist with the post trade process by ensuring the accuracy of all entries and to ensure internal controls are followed.
• Conduct economic market research.
• Prepare presentation materials and participating in deal pitches.
• Perform financial valuation and analysis for product modelling
• Prospect and identify new client and product opportunities

Required Qualifications, capabilities, and skills:

• Minimum of 4 years' working experience in financial industries
• Entrepreneurial drive with strong analytical and quantitative skills
• Demonstrable proficiency with market and product lingo. Well versed in the quantitative nature and framework of own product (e.g., pricing, models, client MIS etc).
• Demonstrates creativity in solving problems. Always looks for new ways of doing things.
• Understands the different types of risk and can discuss in detail ways of managing these risk.
• Thoroughly understands drivers of relevant markets and can explain and anticipate market movements.
• Ability to thrive on the challenge of competitive pressures and remain focused on client needs
• Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.
• Ability to interact comfortably with business clients and management.
• Self-directed, highly motivated, and able to work independently
• Minimum Bachelor's degree in a relevant field

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.

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.