Job Description
Our EMEA Gas, Power and Emissions desk operates within a fast-paced and analytically focused market environment in order provide innovative hedging solutions and access to market for clients. The desk continues to expand its capabilities and we are seeking a Structured Gas and Power Trader.
The role focuses on facilitating structured transactions within EMEA gas and power markets for a broad range of clients in order to meet their risk management or commodity financing objectives. You will work closely with our partners in sales and banking to drive the growth of the gas and power franchise within EMEA.
As a Global Commodities - Structured Gas and Power Trader - Executive Director within our EMEA Gas, Power and Emissions desk, you need to be comfortable pricing and managing material risks related to structured energy transactions. You will need to analyse and react to the latest developments in the global energy transition in the context of generating commercial ideas and risk-management actions. Our work environment is fast-paced and challenging, so the ability to think and react quickly under pressure is essential.
Job responsibilities
- Structure and execute complex and bespoke transactions within EMEA gas and power space
- Price and manage physical and derivative risks in both liquid and illiquid benchmarks across the EMEA gas and power space
- Play a key role in setting up access to new markets in order to allow the desk to harvest future commercial opportunities within the structured trading space
- Drive growth of the bank's structured customer franchise via design and delivery of risk management and asset optimization solutions for both an existing and future client base
- Demonstrate initiative and resourcefulness in terms of steering the growth of in-house proprietary pricing models and fundamentals analysis and, with appropriate guidance and support, help build out further analytical infrastructure as per business requirements
Required qualifications, capabilities, and skills
- Significant (director level) experience in structured gas and power trading
- You demonstrate an advanced understanding of the dynamics of gas and power options
- You bring significant demonstrable experience trading European power and gas benchmarks both in a physical and derivatives context
- You demonstrate competency in understanding the logistical-delivery aspects of short-term gas and power trading
- 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 are full of initiative and resourcefulness with a strong desire to problem-solve in a commercial context
- You are a strong team player that partners well with colleagues and can lead a diverse group of stakeholders through the various stages of a structured energy deal life cycle
Preferred qualifications, capabilities, and skills
- Experience trading other commodity assets such as emissions and oil would be beneficial
- Beyond that, we're interested in the things that make you unique: personal qualities, outside interests and achievements beyond academia and profession that demonstrate the kind of person you are and the differences you could bring to the team.
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.
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.
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.
Gallery
JPMorganChase Teams
JPMorganChase Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.