Address
Form of work
Salary
Price and trade equity Delta One (D1) products with the firm’s clients, perform daily operational and risk management tasks of the trading desk, and serve as a key point of contact for the sale team. You will become an integral part of our industry-leading team, dedicated to providing clients with the firm’s advanced trading capabilities in the Delta One space. As a key member of the trading team, you will help the desk to continue to deliver positive results and expand into new areas of opportunity.
Job Summary:
As a Vice President on the Equity Derivatives Group – Delta One trading desk, you will perform day-to-day activities for the trading book from risk-management to customer pricing and trading of all related products. You will be one of the key points of contact with the sales teams.
Job Responsibilities:
- Optimize stock inventory and minimize financing costs using single stock and exchange-traded fund (ETF) D1 derivatives
- Use an in-depth knowledge of stock loan and short-term equity financing markets to effectively price, trade, and risk manage the full suite of Delta One products
- Utilize expertise in single stock and ETF reverse/conversion trading, showcasing experience with American options, gamma management, and early exercise considerations
- Effectively project ETF dividends for both domestic and international ETFs, employing quantitative analysis and fund specific knowledge
- Execute Delta One trading strategies utilizing fixed income and commodity ETFs, demonstrating proficiency in financing, hedging, and projecting dividends of these products
Required qualifications, capabilities, and skills:
- Experienced single stock Delta One Trader with a proven track record in executing and optimizing Delta One trading
- Extensive experience with and in-depth knowledge of stock loan markets
- Strong analytical and technical background to price derivative products
- Strong communication skills required to comprehensively talk to clients about orders, executions and market activity
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
