Job Description
Job Summary
Our Commodities group is a market maker in energy, metals and agricultural commodities, providing hedging and financing solutions to a global client base, which includes corporates, trading houses and financial institutions. Our business has capabilities in financial and physical markets, offering OTC swaps and options-based structures, financing structures and bullion clearing and custody.
As a Trader on our Base Metals desk in London your key mission will be market-making in commodities markets, and you should be comfortable quoting large notional sizes.
On a regular basis, you will liaise with a broad range of investors (money managers, banks, insurance companies, pension funds and corporates). Therefore, you will have a chance to make use of your excellent communication skills and adept negotiations to transact in an effective way.
To be successful in this role, you will need to bring a solid understanding of commodity markets, foreign exchange and the macroeconomic drivers of the market. As an independent book manager, you will also need excellent analytical skills combined with a positive approach to work to make a positive impact.
Our work environment is fast-paced, so the ability to think and react quickly under pressure is essential. If you are passionate, curious, and ready to succeed, we are looking for you!
Job responsibilities
- Manage strategic risk of client flows and orders
- Focus on excellent relationship management with client
- Work in close collaboration with the Technology and Quantitative Research groups in order to help grow our electronic capabilities
- Assist with mentoring and development of junior staff
Required qualifications, capabilities, and skills
- Solid trading experience within Ferrous products;
- Ability to assess and understand risk around trading positions and market events;
- Willingness to succeed in a dynamic, fast-paced environment of competitive pressures;
- Analytical mindset, with a proactive approach to problem solving;
- Ability to operate both autonomously, and as part of a broader team with a strong focus on collaboration.
Preferred qualifications, capabilities, and skills
- Demonstrable experience interacting with major institutional Commodity clients is nice to have;
- Experience with electronic market making is also preferred;
- Bachelor degree in quantitative subjects is useful.
This role encompasses the performance of regulated activity. The successful candidate will therefore be subject to meeting regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the relevant regulatory authorities to carry out such activities.
About Us
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. 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.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.
JPMorganChase London, England Office
25 Bank Street, Canary Wharf, London, United Kingdom, E14 5JP
