As an Associate in the team you will be responsible for pricing and managing power and gas derivative risk including linear and non-linear trades in both liquid and illiquid benchmarks across the European gas and power space.
Job Responsibilities
- Drive growth of the bank's customer franchise via design and delivery of innovative trade, risk management and optimization solutions for both an existing and future client base
- Demonstrate initiative and resourcefulness in terms of steering the growth of in-house proprietary fundamentals analysis and, with appropriate guidance and support, help build out further analytical infrastructure as per business requirements
- Conduct fundamentals analysis with current automation and analytical techniques to derive commercially relevant interpretative analysis
Required qualifications, capabilities, and skills
- You bring demonstrable experience trading European power and gas benchmarks
- You have a solid understanding of power and gas fundamentals modelling and analysis
- You have a proven track record of translating fundamental analysis and quantitative modelling of derivatives space into trading opportunities and asset optimization strategies
- You demonstrate understanding of the dynamics of power and gas options
- You demonstrate competency in understanding the logistical/delivery aspects of short-term power and gas trading
- You have good business-building and communication skills in order to aid growth of the firm's customer franchise
- You are full of initiative and resourcefulness with a strong desire to problem-solve in a commercial context
Preferred qualifications, capabilities, and skills
- Experience trading other commodity asset classes, such as emissions or oil, is advantageous
- An academic background or professional experience applying the latest statistical or computational methods to complex problem sets
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.
Skills Required
- Demonstrable experience trading European power and gas benchmarks
- Solid understanding of power and gas fundamentals modeling and analysis
- Proven ability to translate fundamental analysis and quantitative derivatives modeling into trading opportunities and asset optimization strategies
- Understanding of power and gas options dynamics
- Competency in logistical and delivery aspects of short-term power and gas trading
- Business-building and communication skills to support growth of the firm's customer franchise
- Initiative, resourcefulness, and strong commercial problem-solving ability
- Meet applicable UK regulatory fitness, propriety, knowledge, and competence requirements, including FCA and/or PRA approval where appropriate
- Experience trading other commodity asset classes, such as emissions or oil
- Academic background or professional experience applying advanced statistical or computational methods to complex problem sets
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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