Did you apply for this job?
Let us know and we’ll keep track on your applied jobs.
Job Matcher
)
Posted on 2022-08-05
CIB Operations - Trade Venue Management - Vice President
Roles & Responsibilities:
- Develop strong working relationships with the APAC based Business Managers across Macro, Equities and Credit to understand their business drivers and be proactive in suggesting areas of potential saves
- Develop strong relationships with APAC based major Trade Venues to ensure we are aware of key developments, upcoming changes, issues, challenges etc.
- Lead brokerage negotiations with key Trade Venues across APAC on behalf of Trading Desks
- Ensure APAC based 3rd Party vendor relationships are consistent with Global Markets strategic priorities
- Deep dive into OTC Brokerage expense, brokerage rates and initiation of save projects based on the results of the review
- Collaborate with the Equity Business to review Client Connectivity expenses while challenging line connections which aren't profitable or in use
- Work with Finance to track save reductions through to the financials
- Work with Operations to ensure updated rate cards are inserted into the India reconciliation process and are adhered too by the brokers
- Achieve annual saves targets
- Be the main point of contact for all APAC new Trade Venue onboardings
- Work with Operations & BCE Transparency to ensure updated rate cards are inserted into the India reconciliation process and are adhered too by the brokers
Qualifications and Experience:
- Minimum of 8 years of working experience within Investment Banking Industry / Financial Services
- Strong market knowledge and product knowledge in Commodities, Equities, Foreign Exchange, Fixed Income, etc is required
- Good working knowledge of BC&E category would be advantageous
- Excellent Internal client and stakeholder management experience
- Ability to work well independently with little oversight in a fast paced environment
- Ability to multi-task and manage several projects at any one time
- Excellent written and oral skills including the ability to present projects and proposals to senior stakeholders within the Front Office, GSS, Operations and Finance
Interested parties please click Apply Now to apply job.
All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.
Skills
More job information
| Salary | |
| Job Function | |
| Location |
|
| Industry | |
| Employment Term |
|
| Experience |
|
| Career Level |
|
| Education |
|
Company Overview
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. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Medical authorities agree that being vaccinated is the best way to protect yourself, loved ones, colleagues and communities from COVID-19. To protect the health and safety of our employees, in line with the Hong Kong Monetary Authority and Securities and Futures Commission guidance, only vaccinated employees are able to enter our offices. In light of this, in order for the successful candidate to be able to enter the office, they must be either fully vaccinated against COVID-19 (as defined by the Hong Kong Department of Health at the time of commencing employment) or be certified by a medical practitioner as being medically ineligible to be fully vaccinated.
J.P. Morgan CIB deals with over 900 Execution Venues globally encompassing all Asset classes and Venue types. This role reports into the Trading Venue Management function based in London which was established to act as the first line of defence in handling relationships between J.P Morgan CIB and its Execution venues, while also challenging expense profile at venues. The team, which is based across APAC, NAM and EMEA partners with the Front Office, Operations, Technology, Sourcing, Finance, and other Key Stakeholders to manage day-to-day issues arising from our venue interactions, mapping out the landscape for the LoB's on current and emerging trends and ensuring the smooth onboarding, management, and due diligence of Execution venues across CIB Markets.
The role will also involve extremely close collaboration with the Expense Management Unit in India and Bournemouth and the Execution Cost Infrastructure group who are developing strategic trade calculation tools to enable intra-month accurate cost analysis on execution venue charges. These developments will enable the group to challenge the expense profile of our Trading Venues while ensuring access to liquidity for CIB is not compromised.
Trade Venue Management will look at all areas of Trading Expenses including supply management, demand management, expense reporting, analysis and control with strategic MIS and data transparency a key deliverable.
The role will also involve close collaboration within global Trade Venues Team (NAM, EMEA and APAC) to ensure the groups over arching expense reductions targets are being met, best practices are shared, and common issues are tackled collectively.