Business Analysis [Multiple Positions Available]

DESCRIPTION:

Duties: Cultivate strong relationships with Business Managers in North America (NAM) and Latin America (LATAM) across Macro, Equities, and Credit LOBs. Understand their business objectives and proactively identify opportunities for cost savings initiatives. Foster strong relationships with trade venues in NAM and LATAM. Stay informed about key developments, upcoming changes, challenges, and issues. Lead brokerage negotiations with trade venues on behalf of trading desks to optimize trading costs and efficiency. Ensure that relationships with third-party vendors align with the strategic priorities of Global Markets. Conduct in-depth reviews of over-the-counter brokerage expenses and brokerage rates. Initiate cost-saving projects based on the findings of these reviews. Collaborate with the Equity Business team to review client connectivity expenses. Challenge the profitability of line connections and seek opportunities for cost optimization. Partner with Finance to monitor and track savings achieved through cost reduction initiatives, ensuring alignment with financial targets. Coordinate with Operations to ensure that updated rate cards are integrated into the reconciliation process. Serve as the primary point of contact for all new trade venue onboarding activities in the NAM and LATAM regions. This position requires up to 10% domestic and international travel for Broker and vendor meetings and visits to other JPMorgan offices.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Business Administration, Finance, Management, or related field of study plus 4 years of experience in the job offered or as Business Analysis Manager, Product Development, or related occupation. The employer will alternatively accept a Bachelor's degree in Business Administration, Finance, Management, or related field of study plus 6 years of experience in the job offered or as Business Analysis Manager, Product Development, or related occupation.

Skills Required: This position requires four (4) years of experience with the following: Markets Trading and Financial Services: Cross product familiarity including FX, Interest Rates, Fixed Income, Credit and Equities to ensure cost optimization, efficiency, controlled and regulatory compliant onboarding, offboarding, and life cycle events for venues; utilizing applicable regulatory frameworks and market dynamics; managing relationships with internal clients and stakeholders and understanding their needs and priorities; utilizing brokerage cost analysis, commission structures, and their impact on financial transactions and profitability within the financial services sector; utilizing products including Interest Rate Swaps, Interest rate options, U.S. treasury, FX forwards, FX NDFs, FX Spot, Equity Options, Equity Futures, Credit Default swaps, and Commodity derivatives within fixed income and equities markets, including their characteristics, trading mechanics, and client requirements; creating Alteryx flows and Tableau dashboards providing market intelligence and identifying cost saving opportunities.

Job Location: 4 Chase Metrotech Center, Brooklyn, NY 11245. This position requires up to 10% domestic and international travel for Broker and vendor meetings and visits to other JPMorgan offices.

Full-Time. Salary:  $172,250 - $182,000 per year.

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.