Senior Associate- Trading Venues Cost Optimization

JPMorgan Chase & Co.; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks a Business Analysis Associate II to support cost optimization across trading venues. You will analyze trading data, develop automation strategies, coach teammates, and collaborate with trading desks across asset classes in NAMR and LATAM, shaping cost management initiatives.

This role offers growth in a fast-paced, global environment with opportunities to influence cost decisions and drive enterprise-wide improvements.

Qualifications

• Demonstrated ability to conduct data analysis with a focus on uncovering patterns and providing insightful reporting.
• Experience developing automation strategies and understanding of systems architecture.
• Proven ability to coordinate cross-functional collaboration across an organization.
• Advanced strategic thinking with ability to evaluate scenarios and assess risks.
• Experience coaching and delegating to team members to achieve objectives.
• Proficiency in Excel and PowerPoint for analysis and presentations.
• Familiarity with SQL queries and data retrieval techniques.
• Understanding of OTC traded products and trading venues.
• Excellent English communication and negotiation skills.

Responsibilities

• Analyze complex data sets from varied sources to uncover patterns and provide insightful reporting for operational and strategic initiatives.
• Develop and implement automation strategies to optimize processes and drive efficiency.
• Coordinate cross-functional collaboration across diverse teams to align efforts and drive implementation of strategies.
• Evaluate potential scenarios, assess risks, and inform decisions impacting departmental outcomes.
• Provide coaching to team members to empower ownership and ensure objectives are met.
• Understand trading venues and their relationships with JPMorgan’s trading desks.
• Analyze large trading and brokerage data to identify costs and cost-saving opportunities.
• Present data analysis findings to global teams and business managers.
• Support brokerage negotiations and draft rate cards.
• Assist with MIS design and dashboard management (Tableau).
• Manage internal and external stakeholders.

Skills

Data analysis

Automation

Cross-functional teamwork

Strategic thinking

Coaching

Excel

SQL queries

OTC products knowledge

English fluency

Tools

Tableau

MS Office

Job description

Embark on a rewarding and challenging career as a Business Analysis Associate II with our dynamic team. You'll have the opportunity to make a significant impact by supporting process improvements, key initiatives and expanding your creative skills in a supportive and collaborative environment. Join us and contribute to our mission while advancing your career.

As a Business Analysis Associate II within Trading Venue Cost Optimization, you will be a part of a group of specialized individuals within “Cost and Commission Services” (CCS) group, working on the mandate of optimizing our BCE cost. You will work with trading desk across all the asset classes, eg. Equities, Interest Rates, Foreign Exchange, Credit, Commodities, and cover all the countries in North America (NAMR) and Latin America (LATAM), and often partnering with colleagues in other regions. Additionally, 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.

Job responsibilities

• Analyze and interpret complex data sets from varied sources, utilizing advanced data analytics skills to uncover patterns and provide insightful reporting in support of operational and strategic initiatives.
• Develop and implement automation strategies, leveraging systems architecture knowledge to optimize processes and drive efficiency within the department.
• Coordinate cross-functional collaboration, working effectively with diverse teams across the organization to align efforts, share knowledge, and drive the successful implementation of business strategies.
• Utilize strategic thinking to evaluate potential scenarios, assess risks, and make informed decisions that have a direct impact on departmental outcomes.
• Provide coaching to team members, empowering them to take ownership of their work while ensuring objectives are met efficiently and effectively.
• Understand trading venues and their relationships with JPMorgan’s trading desks
• Analyze large trading and brokerage data to identify costs and cost-saving opportunities
• Present data analysis findings to global teams and business managers
• Support brokerage negotiations and draft rate cards
• Assist with MIS design and dashboard management (Tableau)
• Manage internal and external stakeholders

Required qualifications, capabilities, and skills

• Demonstrated ability to conduct data analysis with a focus on uncovering patterns and providing insightful reporting, showcasing expertise equivalent to 3+ years of experience.
• Demonstrated proficiency in developing and implementing automation strategies, with a strong understanding of systems architecture.
• Proven ability to coordinate cross-functional collaboration, with experience in working with diverse teams across an organization.
• Advanced strategic thinking skills, with a track record of evaluating potential scenarios, assessing risks, and making informed decisions.
• Experience in providing coaching and delegation to team members, with a focus on empowering individuals and ensuring efficient achievement of objectives.
• Provide quality service to customers through continuous communication.
• Understand software delivery lifecycle and have skills in industry standard methodologies and related tasks.
• Minimum 6 years’ experience in Financial Services
• Advanced analytical skills; proficient in MS Office (Excel, PowerPoint)
• Strong understanding of OTC traded products and trading venues
• Excellent English communication, negotiation skills, and integrity

Preferred qualifications, capabilities, and skills

• Capability to leverage artificial intelligence and AI tools to enhance data analysis, uncover business trends, and provide actionable insights for strategic decision-making.
• Proficiency in implementing automation solutions to streamline business processes and improve operational efficiency.
• Expertise in applying customer service and conflict management skills to understand client needs, resolve stakeholder issues, and facilitate effective collaboration.
• Ability to craft clear and effective prompt writing to guide data analysis and ensure consistent outcomes.
• Ability to contribute to a collaborative work environment by sharing knowledge and supporting team initiatives.
• Competence in technology/process release management, with proficiency in using software applications, digital platforms, and other technological tools to solve problems and improve processes.
• Strong presentation skills, existing relationships with trading venues in the Americas, basic understanding of trading flows/products/costs, and familiarity with SQL queries are all beneficial