If you are looking for a new and exciting job opportunity within trading, this may be the right one for you.
We are looking for a VP/ED level Trader to join our flow desk in Paris, located within the EMEA Equity Derivatives Group. The group engages in market making activities primarily on equities and equities related products. We facilitate liquidity in a variety of products including linear equity products, listed and OTC equity derivatives, dividend products and convertible bonds across major European markets and South Africa.
Our flow desk engages in market making activities on index and single stock flow derivatives to institutional clients including exchanges, corporations, pensions, hedge funds and other investor clients. We facilitate liquidity and client demand primarily in listed and OTC equity options as well as volatility and dividend products across major European markets as well as some activity in Middle East and South Africa. Trades are completed based on client requests received throughout the day. The main instruments used for primary market making activities are:
- Equity index options
- Equity single stock options
- Index and Single Stock Volatility swaps
- Index Variance Swaps and Variance options
- Dividend swaps and options
Job responsibilities:
- Index derivatives flow trading in high frequency liquid products
- Managing risk and position sizing using OTC and listed products
- Ensuring positions are correctly booked and reflected in risk systems
- Developing and maintaining relationships with clients, including hedge funds, asset managers, and institutional investors
- Providing market insights and commentary to clients and internal stakeholders
- Analysing market trends and data to identify trading opportunities and optimize the equity index derivatives portfolio
- Collaborating with internal teams, including Sales, Quantitative Research, and technology, to improve trading strategies and develop new products
- Staying up to date with the market knowledge to provide comprehensive service to clients, also with news and regulatory changes
Required qualifications, capabilities, and skills:
- Previous experience in trading (ideally more than five years)
- Deep understanding of equity index derivatives and financial markets, particularly in the EMEA region
- Solid analytical and quantitative skills, including the ability to analyse market data and develop trading strategies
- Excellent communication and interpersonal skills, with the ability to build and maintain relationships with clients and internal stakeholders
- Ability to work in a fast-paced and dynamic environment
- Attention to detail and ability to manage risk effectively
- Bachelor’s degree (or equivalent) in Finance, Economics, or a related field. Master’s degree or CFA qualification preferred, but not required
- Fluency in English. Knowledge of other European languages is a benefit
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. 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.
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.
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