Commodities Trading Analyst – Oil
Business Overview:
About J.P. Morgan Chase Co.
J.P. Morgan is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. Information about J.P. Morgan is available at www.jpmorganchase.com
About J.P. Morgan's Corporate Investment Bank
J.P.
Morgan's Corporate Investment Bank is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
About J.P. Morgan Global Commodities Sales Group
J.P. Morgan has made significant investments in building out and
diversifying our Global Commodities platform and capabilities - organically and through strategic acquisitions, such as RBS Sempra.
J.P.
Morgan's Global Commodities Group offers clients a comprehensive set of market making, structuring, risk management, financing and warehousing capabilities across the full spectrum of commodity asset classes. From Energy and Metals to Environmental and Agricultural commodities, with nearly 2,000 professionals in more than 10 countries we operate at the center of the commodity markets.
Job Description
Key Responsibilities covered by these areas:
We are looking for an Arabic, Korean or Mandarin speaking Trader to join our Global Commodities Group based in Singapore on a contract for 6 months. This role sits within the front office and will be working in a dynamic and busy trading floor environment. You will help senior traders cover institutional accounts and make markets in your group's particular range of products.
You will assist the senior traders in managing risk, liquidity and exposure and you may support all aspects of the trading desk: pre-trade analysis, research on index constituent changes, inbound and outbound trade processing and the design of optimal strategies for large trades. Tracking supply and demand, you constantly evaluate market developments in order to give clients accurate product information.
You may be placed in a commodity, credit, equity, fixed income, or foreign exchange product group.Supporting the day to day client requests and needs.Understand market drivers (of those markets in which involved), market moves, and the numbers behind it all, as well as cross-asset implicationsIndependently resolve PL reconciliation on issuesEnsure all relevant parties (vertically and horizontally) are kept abreast of key developments; Provide
a solution-based framework to business practice and clients; Take the initiative to make things betterCultivate an appreciation of balance between revenue generation and building a client franchiseUnderstand drivers of relevant markets and establish a high degree of competence with clients around executing tradesUnderstands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policiesBuild foundation of trust with clients by demonstrating an understanding of their needs and being responsiveAssist with the post trade process by ensuring the accuracy of all entries and to ensure internal controls are followedProactively share information, knowledge and ideas that help others succeed
Qualifications
Your Background:
These points have been carefully considered as being essential for the role.
Your background must accurately reflect all of these for your application to be considered.
Fluent in Arabic, Korean or MandarinExperience working within an investment bank - ideally within the front officeAbility to discuss in detail your understanding of how to book trades and the implications of improper trade booking on PLAbility to discuss in detail your understanding of
fundamental and technical aspects of product(s) traded and support area functions of respective productsDemonstrable proficiency with market and product terminology. Well versed in the quantitative nature and framework of own product (e.g., pricing, models, etc).Ability to discuss in detail your knowledge of the direct costs of "doing business" along the transaction lifecycle;Understands the different types of risk and can discuss in detail ways of managing these risk.Thoroughly understands drivers of relevant markets and can explain and anticipate market movements.Understands transaction cycle and the steps in the process and is execution oriented.Ability to thrive on the challenge of competitive pressures and remain focused on client needsAbility to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.Ability to interact comfortably with business clients and management.
Self-directed, highly motivated, and able to work independentlyLanguages:Arabic Korean or Mandarin and English fluency are essentialJPMorgan offers an exceptional benefits program and a highly competitive compensation package.JPMorgan is an Equal Opportunity Employer.
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