Junior Exchange-Traded Fund (ETF) Trader

Location: LONDON, United Kingdom

Job Family: Portfolio Management

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. We are seeking a motivated Junior ETF Trader to join our Portfolio Management team in London, United Kingdom. In this role, you will support the trading of exchange-traded funds (ETFs), focusing on fixed income and equity strategies to drive alpha generation and efficient portfolio execution. As part of our dynamic Asset & Wealth Management division, you will contribute to innovative solutions that help clients achieve their investment goals in a competitive market environment. The Junior ETF Trader will be responsible for executing trades, monitoring market liquidity, and analyzing performance to ensure optimal outcomes for our ETF portfolios. You will work closely with senior traders, portfolio managers, and research analysts to implement strategies that align with JPMorgan's commitment to excellence in risk-adjusted returns. Key tasks include real-time trade execution, identifying arbitrage opportunities, and ensuring adherence to regulatory frameworks like MiFID II and ESMA guidelines. This position offers exposure to cutting-edge trading technologies and the chance to grow within one of the world's most respected financial institutions. At JPMorgan Chase, we value diversity, innovation, and professional development. The ideal candidate is analytical, detail-oriented, and passionate about financial markets. You will benefit from mentorship programs, access to global networks, and opportunities to advance your career in ETF trading and portfolio management. Join us to make an impact on institutional and retail clients while advancing your expertise in the evolving ETF landscape.

Key Responsibilities

• Execute trades for ETF portfolios, focusing on fixed income and equity-based products to optimize returns and manage risk
• Monitor market conditions, liquidity, and pricing discrepancies to identify trading opportunities in real-time
• Collaborate with portfolio managers and analysts to develop and implement trading strategies aligned with client objectives
• Analyze ETF performance metrics, including tracking error, bid-ask spreads, and NAV deviations
• Ensure compliance with internal policies, regulatory standards, and best execution practices
• Contribute to the creation and maintenance of trading models and algorithms for ETF execution
• Liaise with internal teams such as sales, research, and operations to support seamless trade execution
• Prepare reports on trading activities, performance attribution, and market insights for senior management
• Assist in risk assessment and mitigation for ETF positions, including stress testing scenarios
• Stay updated on industry developments, regulatory changes, and innovations in ETF products

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related quantitative field
• 1-2 years of experience in trading, financial markets, or asset management, preferably with exposure to ETFs or fixed income products
• Strong understanding of exchange-traded funds (ETFs), market dynamics, and trading mechanisms
• Proficiency in financial modeling and quantitative analysis
• Excellent analytical skills with the ability to interpret market data and trends
• Eligibility to work in the UK, with knowledge of relevant regulatory requirements such as MiFID II
• CFA Level 1 or equivalent certification in progress or completed

Preferred Qualifications

• Experience in ETF trading or portfolio management at a major financial institution
• Familiarity with JPMorgan Chase's proprietary trading systems or similar platforms
• Advanced degree (Master's) in Finance or Quantitative Finance
• Previous internship or role in fixed income or equity markets
• Fluency in additional languages relevant to European markets

Required Skills

• Proficiency in trading platforms such as Bloomberg Terminal, Reuters Eikon, or Tradeweb
• Strong quantitative skills, including Excel, VBA, and Python for data analysis
• In-depth knowledge of ETF structures, creation/redemption processes, and market microstructure
• Analytical mindset for evaluating market trends and financial instruments
• Attention to detail in trade execution and compliance monitoring
• Effective communication skills for collaborating with cross-functional teams
• Time management and ability to thrive in a fast-paced, high-pressure environment
• Risk management expertise, including understanding of VaR and scenario analysis
• Problem-solving abilities to address trading anomalies and liquidity issues
• Adaptability to evolving market conditions and regulatory landscapes
• Team-oriented approach with strong interpersonal skills
• Basic understanding of derivatives and fixed income securities
• Data visualization skills using tools like Tableau or Power BI
• Ethical decision-making in line with JPMorgan's conduct standards

Benefits

• Competitive base salary and performance-based bonus structure
• Comprehensive health, dental, and vision insurance coverage
• Generous pension contributions and retirement savings plans
• Paid time off, including vacation, sick leave, and parental leave
• Professional development opportunities, including tuition reimbursement and access to JPMorgan's learning academy
• Employee stock purchase plan and financial wellness programs
• Flexible working arrangements and hybrid work options in London
• On-site fitness facilities, wellness programs, and employee assistance services

JP Morgan Chase is an equal opportunity employer.