Trade Support - London, United Kingdom - JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

EMEA FXHYBRIDS MIDDLE OFFICE - BOOKRUNNER

A Middle Office role in the Investment Bank providing first-line support for the Long Dated FXHybrids business and acting as a key point of contact for downstream groups.

The role involves working with the most exotic and complex derivative products from a risk, PnL and trade management perspective.

FXHybrids Middle Office:

The FXHybrids Middle Office provides first-line support for the FXHybrids trading business and acts as a key point of contact for numerous downstream groups.

It must ensure the accurate capture of the business' transactions, systematically managing product complexity, report on the subsequent risks resulting from these transactions, and present attributed PnL to the desk on T.

The responsibilities of the Middle Office can be summarized under two main areas - Trade Management and Risk Management, the generic responsibilities for which are described below:
**Trade Management

Act as the primary control over the accurate capture of the business' transactions in the Risk Management System
Analyse and verify Risk and P&L new for transactions traded during each day
Monitor and manage trade events throughout the lifecycle of the transactions, e.g. option exercises, knock ins/outs, refixing
Review legal documentation for accuracy vs. the Risk Management System booking
Liaise with Marketing support and downstream groups

Risk Management

Produce and validate daily P&L and Risk positions for the desks
Investigate and resolve P&L and Risk queries from Front Office
Create and run adhoc risk scenarios for the trading desk which can involve producing impact of parameter changes, hypothetical market situations, what if, worst case etc
Conduct stress testing scenarios for Trading and Market Risk
Produce risk reports for use by Valuation Control Group (VCG)
Produce Risk and P&L impact analysis for QR resulting from model or analytical changes

J.P.

Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors.

Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.