Private Bank - Structured Product & Derivatives Structuring Associate

For those with an entrepreneurial spirit, a tenacity to succeed and a passion for delivering world class service to our clients, this role is an exciting opportunity to further build your career. We are actively looking for exceptionally talented individuals who are collaborative, confident and motivated to provide a first-class experience to clients.

Job Summary:

As a Structured Product & Derivatives Structuring Associate in the Wealth Management Solutions team, you will be involved in the development and implementation of new Structured Products and OTC Derivatives across all asset classes in EMEA, both for large scale distribution as well as for bespoke client situations. You would work on the enhancement and automation of the trading platform and infrastructure that cover the end-to-end Structured Product and OTC Derivative product journeys. You would also be responsible for the implementation of new regulation and business change as it effects the Structured Product and OTC Derivative business as well as the on-boarding and maintenance of Structured Product counterparty relationships.

We work closely with our traders in Equities, FX, Commodities, Credit and Rates; our Investment Advisors; our Investment Banking counterparties (both in-house and external); our Technology, Legal, Risk, Compliance, Credit and Corporate Tax colleagues and, in bespoke structuring situations - directly with the client and the Investment Advisor.

Job Responsibilities:

• Innovate with new product development; including analyzing the economics, reviewing the legal disclosures, producing marketing materials and obtaining governance approvals.
• Oversee the development of a systematized infrastructure supporting the journeys of Structured Products and OTC Derivatives. From pre-trade marketing, automated pre-trade and suitability controls, execution experience, life-cycle analysis, and risk metrics.
• Maintain and develop counterparty relationships, coordinate multi-functional relationship management with counterparties (e.g. Sales, Legal, Tax, Middle Office) and external platform vendors. Manage the annual review of the Structured Product issuance documents with the counterparty. Work with our vendors to keep developing the end-to-end automation and improve the life-cycle of our products.
• Participate as a key stakeholder in the working groups covering the implementation of new regulations; enhancements to the business model or changes to trading processes for both Structured Product and OTC Derivative businesses.
• Review and negotiate Structured Product term sheets with the counterparties. Work with our vendor to keep developing the set-up and incorporation of new termsheets (payoffs) into the trading platform and control environments.

Required Qualifications, Capabilities and Skills:

• Technical understanding and comprehension of the derivatives market and the documents supporting this business.
• Previous experience in implementing process changes, product journey digitization and automation implementation. Experience across the end-to-end systems journeys linked to Structured Products and OTC derivatives.
• Strong communication and project management skills required.
• Ability to work independently.
• Demonstrated ability to analyze and solve problems and to manage multiple tasks at once.

Preferred Qualifications, Capabilities and Skills:

• A background in Investment Banking Structuring or Product Development.

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

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.