Global Equities - Prime Financial Services - Margin Trading - Associate
J.P. Morgan
Accounting & Finance
New York, NY, USA
Job summary
Drive smarter, faster decisions where risk, returns, and scarce balance sheet meet. As a Margin Trading Associate within Prime Financial Services in New York, you will partner with clients and internal stakeholders to strengthen risk management, improve pricing discipline, and optimize allocation of capital and liquidity to the opportunities that matter most.
Margin Trading is a front office, client-facing function within Prime Financial Services focused on improving how the business allocates scarce financial resources to optimize risk-adjusted returns. In this role, you will evaluate risk-versus-return across client portfolios and opportunities, price financing and commissions in line with risk appetite and commercial objectives, build tools that accelerate pricing and profitability decisions, and support negotiation of key trading and margin agreements. Your analysis will directly influence client strategy, risk outcomes, and profitability.
Job responsibilities
- Analyze client portfolios to identify, quantify, and address risk exposures and concentration risks.
- Assess risk-versus-return profiles for existing and prospective client activity to inform go/no-go and sizing decisions.
- Price client flows, including financing and commissions, aligned to risk appetite, funding constraints, and commercial goals.
- Build and enhance pricing and profitability tools to accelerate new pricing and re-pricing decisions.
- Maintain active client engagement on margin methodologies, pricing outcomes, and profitability drivers.
- Review stress scenarios and valuation sensitivities to calibrate appropriate haircuts and margin requirements.
- Partner with Legal and internal stakeholders to support negotiation of prime brokerage and related trading documentation, and drive product and infrastructure enhancements.
Required qualifications, capabilities, and skills
- Bachelor’s or Master’s degree in Finance, Economics, Business, or a related field.
- Experience in financial markets in a comparable role (sell-side or buy-side), including pricing and/or financial resource and balance sheet management.
- Strong understanding of prime brokerage funding models, funding markets, and linkages to scarce resources including capital and liquidity.
- Strong knowledge of risk management and financial markets, including Prime Brokerage, Clearing, Derivatives, Risk, and Collateral Management.
- Proficiency in Python and ability to build Tableau screens independently.
- Strong analytical skills with the ability to translate complex exposures into actionable recommendations.
- Team-oriented, with strong relationship-building skills and clear written and verbal communication.
Preferred qualifications, capabilities, and skills
- Experience in intraday risk management for post-trade execution.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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 & Co. is an Equal Opportunity Employer, including Disability/Veterans
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.
Optimize risk-adjusted returns by improving margin, pricing, and capital-aware decision-making across Prime Financial Services.