Global Equities - EMEA Equity Delta One Trading - Analyst or Associate

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. 

Seize the opportunity to bring your unique skillset and develop your expertise within our Equity Derivatives Group team. If you are eager to learn, attentive to detail, and ready to make an impact, we are looking for you. As part of our Delta One desk, you will help deliver market-leading, innovative structures leveraging equity financing markets to generate competitive returns for a diverse range of investors. We offer a collaborative environment focused on your growth, skill development, and the opportunity to contribute to cutting-edge solutions.

As an Analyst or Associate in the Equity Derivatives Group - Delta One Trading Funding Solutions team, you will build your Delta One and Equity Finance trading expertise while gaining significant exposure to clients from day one. You will manage daily client operations and production controls, apply your mathematical skills to price complex derivative products, and develop your understanding of financial markets mechanics to generate trade ideas and optimize hedging strategies. You will work closely with sales, clients, and other teams to deliver first-class service and innovative solutions.

Job responsibilities

• Execute and hedge secondary events linked to client trades through daily interactions with sales and clients.
• Actively manage the desk’s inventory.
• Optimize client trades and identify trading opportunities in inter-dealer broker markets.
• Develop workflow and analytical tactical tools to support decision-making, automate processes, and reduce operational risks.
• Process key controls linked to daily operations, including profit and loss estimates, equities inventory, and corporate actions follow-up.
• Develop your knowledge of equity financing markets and generate hedging optimization ideas based on quantitative and qualitative analysis.
   

Required qualifications, capabilities, and skills

• Advanced Python coding skills, with eagerness to apply them to data analysis and process automation.
• Strong mathematical and/or economics background, with understanding of equity derivative products pricing principles.
• Prior experience in Delta One or Equity Finance trading.
• Attention to detail and ability to perform with autonomy, reliability, and humility in a fast-paced environment.
• Eagerness to face clients and provide first-class service.
• Curiosity and passion for international finance, macroeconomics, and financial regulation.
   

Preferred qualifications, capabilities, and skills

• Experience developing workflow or analytical tools for trading desks.
• Experience collaborating with cross-functional teams.
• Bachelor’s or Master’s degree in Finance, Math, Engineering, Economics, or a related field.
• Proactive approach to learning and professional development.
• Experience with process automation or operational risk reduction.}
   

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.