Equity Derivatives Flow Trader - Associate

J.P. Morgan; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorgan Chase & Co. in New York is seeking an Associate in EDG Flow Trading to manage daily trading book activities, handle risk, price trades, and support execution of client and internal orders.

You will liaise with sales teams and coordinate with Middle Office and Quant teams to identify trading opportunities and implement strategies. The role offers exposure to derivatives, Robo trader automation, and fast-paced market dynamics.

Qualifications

• Understanding of financial markets and curiosity to explain market moves.
• Strong analytical and technical background to price derivative products.
• Advanced Python skills to develop solutions for the business.
• Ability to follow pre-established desk procedures around risk, pricing, P&L, and execution.
• Provide accurate responses and feedback with complete transparency.
• Strong communication skills to discuss orders and market activity with clients.

Responsibilities

• Assist in pricing trades and execution of orders from clients and internal trading desks.
• Assist in managing risk, evaluating position and performance under various scenarios.
• Learn to identify trading opportunities and develop new trading strategies for the desk and clients.
• Respond to Middle Office emails, including T+1 trade inquiries and corporate actions.
• Monitor market flows to evaluate incoming inquiries and provide context to sales.
• Work with Quant team to administer Robo trader and automated alog pricing and hedging.
• Perform routine book maintenance, such as closing pins and early exercise.
• Assist in running and investigating daily P&L in coordination with Middle Office and IT.

Skills

Financial markets knowledge

Analytical skills

Python

Pricing derivatives

Risk management

Communication skills

Tools

Trading systems

Automation tools

Job description

JPMorgan Chase & Co. in New York is seeking an Associate in EDG Flow Trading to manage daily trading book activities, handle risk, price trades, and support execution of client and internal orders.

You will liaise with sales teams and coordinate with Middle Office and Quant teams to identify trading opportunities and implement strategies. The role offers exposure to derivatives, Robo trader automation, and fast-paced market dynamics.