Cost Optimization Strategy Associate
Are you ready to make a real impact on trading profitability? Join a team where your analytical skills and insights drive both cost savings and revenue growth. You'll collaborate with talented colleagues, develop specialized expertise, and gain a holistic view of trading profit and loss. Experience career mobility and the opportunity to influence business outcomes. Be part of a culture that values your ideas and supports your success.
As an Cost Optimization Associate within the Market Operations team, you will help develop and execute strategies to optimize trading costs across Brokerage, Clearing, and Exchange for Asia-Pacific markets. You will partner with trading desks across asset classes, including Equities, Interest Rates, Foreign Exchange, Credit, and Commodities, covering all major countries in the region. You will analyze trading data, collaborate with stakeholders, and help shape the future of cost management. You will be empowered to drive change, innovate, and make a measurable impact on the business.
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Our team specializes in optimizing trading costs and commissions, working closely with trading desks and business managers across Asia-Pacific. We support a wide range of asset classes and markets, leveraging advanced analytics and digital tools to deliver best-in-class solutions. You'll have the opportunity to work on high-profile projects, contribute to business strategy, and grow your career in a dynamic, collaborative environment.
Job responsibilities:
- Understand the landscape of trading venues and their relationship with trading desks
- Analyze large sets of trading and brokerage data to identify cost-saving opportunities
- Present data-driven findings to global teams, trading desks, and business managers
- Assist with brokerage negotiations and drafting of rate cards
- Support the design and implementation of management information systems, including dashboard management
- Assist in rolling out cost optimization initiatives and onboarding new clients
- Manage relationships with internal stakeholders and external brokers or venues
- Provide support to operations teams on brokerage-related queries
- Deliver regional updates to product teams on market changes
- Contribute to projects such as client connectivity optimization and other business initiatives
- Collate metrics to measure, mitigate, monitor, and report risk
Required qualifications, capabilities, and skills
- Bachelor's degree in Economics, Finance, Business, or related disciplines
- At least 6 years of work experience in the Financial Services industry
- Existing relationship with trading venues in Asia region
- Thorough understanding of Over-the-Counter (OTC) traded products, and trading venues
- Good understanding of trading flows and the agency business model
- Advanced analytical skills with proficiency in Microsoft Office Suite (i.e. Excel, PowerPoint, etc.)
- Excellent communication skills
- Expert knowledge of Tableau and Alteryx
- Excellent negotiation skills
- Act with integrity and with best interests of the firm in mind
Preferred qualifications, capabilities, and skills
- Excellent presentation skills will be beneficial
- Knowledge of Structured Query Language (SQL) queries will be a plus
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'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.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion