Securities Services - Agency Securities Finance Trader - Vice President
J.P. Morgan
Join our Agency Securities Finance trading desk as a Vice President, where you will manage risk and profitability, optimise revenue for beneficial owners, and deploy collateral and liquidity to achieve best relative value across a diversified business.
Introductory Marketing Language:
Are you ready to make an impact in a broad and dynamic trading environment? As a Vice President on our Agency Securities Finance desk, you will have the opportunity to maximise risk-adjusted revenues, develop multi-asset trading capabilities, and collaborate with talented colleagues across the franchise. You will play a key role in optimising portfolios, managing book controls, and supporting the growth and development of the team. If you are analytical, entrepreneurial, and thrive in a fast-paced setting, we encourage you to apply.
Job Summary:
As a Vice President in Agency Securities Finance Trading, you will manage the risk and profitability of a designated trading book, maximise risk-adjusted revenues for beneficial owners, and analyse client portfolios to deploy collateral and liquidity optimally. You will collaborate with the Quantitative Research team, develop multi-asset trading capabilities, and identify cross-market opportunities. You will oversee book management and controls, engage with stakeholders, and support coaching and development within the team.
Job Responsibilities
- Maximise risk-adjusted revenues for beneficial owners by analysing client portfolios and deploying liquidity to achieve best relative value
- Extract and interpret data trends to inform pricing and positioning, partnering with the Quantitative Research team to unlock value
- Develop multi-asset class trading capabilities to broaden demand coverage and leverage supply
- Identify cross-market and sector opportunities, collaborating with traders across the franchise
- Structure, price, and execute discretionary and client-directed trades, including overnight, term, and exclusive portfolios
- Generate ideas, manage positioning, and oversee risks around corporate actions
- Build knowledge of ASF Financing Solutions and integrate structures with discretionary activity
- Oversee daily P&L reconciliation, book maintenance, and engage with adjacent business units to maximise franchise value
- Maintain acute risk management focus, including liquidity metrics, credit exposure, and collateral risk
- Deploy capital intelligently to optimise RWA and stress capital consumption
- Stay current on regulatory developments and assess impacts on the trading book
Required Qualifications, Capabilities, and Skills:
- Prior experience in a market-facing role
- Familiarity with regulatory developments impacting securities finance
- Experience developing multi-asset trading capabilities
- Outstanding analytical and quantitative skills, able to interpret data and spot patterns
- Ability to leverage AI-powered analytics and pricing tools to enhance trading strategies
- Intellectual curiosity and strong interpersonal skills
- Ability to grow and monetise counterparty relationships
- Excellent team player with a strong work ethic
- Self-motivated, able to multi-task in a high-pressure environment
- Entrepreneurial and innovative approach with a risk-aware attitude
- Presentation skills and confidence in telephone, written, and face-to-face interactions
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.
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.
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.
Join our Agency Securities Finance trading desk as a Vice President, where you will manage risk and profitability, optimise revenue for beneficial owners, and deploy collateral and liquidity to achieve best relative value across a diversified business.
