Equity Index Exotics Trading Services Associate/Senior Associate

Location: LONDON, United Kingdom

Job Family: Trading Services

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client service. The Equity Index Exotics Trading Services Associate/Senior Associate role within our Markets division offers an exciting opportunity to join a dynamic team in London, supporting the trading of complex equity index exotic derivatives. In this position, you will play a key role in facilitating seamless trade execution, risk management, and product development for institutional clients, contributing to our commitment to delivering cutting-edge solutions in the competitive financial markets. Our collaborative environment fosters professional growth, where your expertise in quantitative finance will directly impact high-volume trading activities and strategic initiatives. As an Associate/Senior Associate, you will work closely with traders, structurers, and risk professionals to model, price, and hedge exotic structures such as barrier options, variance swaps, and basket exotics tied to major equity indices like the FTSE 100 or Euro Stoxx 50. Your responsibilities will include real-time market monitoring, scenario analysis, and ensuring all activities align with JP Morgan's rigorous risk and compliance frameworks. This role demands a blend of technical acumen and market intuition, allowing you to innovate in product design while navigating the fast-paced demands of global trading floors. You will also contribute to enhancing our proprietary trading systems, leveraging data analytics to optimize performance and drive efficiency. Joining JP Morgan Chase means becoming part of a world-class institution that values diversity, inclusion, and sustainable growth. We offer unparalleled resources for career advancement, including mentorship from senior leaders and exposure to cross-asset class opportunities. In London, our state-of-the-art facilities and vibrant team culture provide the ideal setting to build a rewarding career in financial services. If you are passionate about equity markets and ready to make an impact, this role will propel your professional journey forward in an environment that rewards initiative and excellence.

Key Responsibilities

• Support the trading desk in executing and managing equity index exotics trades
• Develop and maintain pricing models for exotic derivatives structures
• Monitor market risks and provide real-time analysis to traders
• Collaborate with sales, structuring, and risk management teams to drive product innovation
• Ensure compliance with internal policies and regulatory standards
• Analyze performance metrics and contribute to post-trade reporting
• Assist in the onboarding of new exotic products and market strategies
• Liaise with technology teams to enhance trading systems and tools
• Contribute to team initiatives for process improvements and efficiency gains
• Stay updated on market trends and emerging risks in equity derivatives

Required Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field
• Minimum of 2-3 years of experience in trading services, derivatives, or financial markets
• Strong understanding of equity derivatives and exotic structures
• Proficiency in financial modeling and risk management principles
• Relevant certifications such as CFA Level 1 or FRM
• Experience with trading platforms and market data systems
• Ability to work in a high-pressure, fast-paced environment

Preferred Qualifications

• Advanced degree (Master's or MBA) in Finance or Quantitative Finance
• Prior experience in equity index exotics trading at a major investment bank
• Knowledge of regulatory requirements in the UK and EU financial markets
• Familiarity with Python or VBA for financial analysis
• Track record of supporting trading desks in a collaborative team setting

Required Skills

• Expertise in equity derivatives and exotic options pricing
• Proficiency in financial modeling using Excel and quantitative tools
• Strong analytical and problem-solving abilities
• Knowledge of market microstructure and trading dynamics
• Excellent communication and interpersonal skills
• Attention to detail and accuracy in high-stakes environments
• Ability to thrive in collaborative, team-oriented settings
• Familiarity with risk metrics like Greeks and VaR
• Technical skills in programming (e.g., Python, SQL)
• Understanding of regulatory frameworks such as MiFID II
• Adaptability to fast-changing market conditions
• Project management and organizational skills
• Data analysis and visualization capabilities
• Client-focused mindset for internal stakeholder support
• Commitment to ethical standards and compliance

Benefits

• Competitive base salary and performance-based bonus structure
• Comprehensive health, dental, and vision insurance coverage
• Generous retirement savings plan with company matching
• Paid time off including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement
• Employee wellness initiatives and gym membership discounts
• Global mobility opportunities within JP Morgan Chase
• Access to exclusive employee stock purchase plans

JP Morgan Chase is an equal opportunity employer.