Natural Gas Liquids Trader - Associate

Posted 2 Days Ago
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Houston, TX
Hybrid
Entry level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As a Trader on the NGL team, you will assist senior traders in managing their book, pricing transactions, hedging, developing trading ideas based on analysis, and managing risks. You will engage with clients and perform daily desk functions to optimize trading strategies and franchise revenue.
Summary Generated by Built In

Job Description
The Natural Gas Liquid (NGL) team handles the best in class franchise and play a critical role supporting senior traders on all day to day management of their book.
Position Summary:
As a Trader on the Natural Gas Liquid (NGL) team, you will play a crucial role supporting senior traders on all aspects of day to day management for a best in class franchise driven trading book.
Job responsibilities

  • Assist senior traders to accurately and competitively price client transactions and efficiently hedge to maximize franchise revenue.
  • Work alongside sales colleagues to engage clients, providing market color and derivative hedging strategies.
  • Develop trading ideas based on educated views incorporating fundamental and technical analysis.
  • Assist risk managing trading books that include non-linear risk.
  • Appropriately size and risk manage positions to create profitable trading strategies based on franchise flow.
  • Perform daily desk functions, including marking forward curves, providing market commentary, and hedging secondary trading book exposure (FX/interest rates/etc.).


Required Qualifications, capabilities, and skills

  • Bachelor's degree in Finance, Economics, Mathematics or other related disciplines
  • Ability to assess and understand risk around trading positions and market events.
  • Thrive on the challenge of competitive pressures and remain focused on client needs.
  • Maturity and ability to succeed in a dynamic, fast-paced and open environment.
  • Ability to work effectively as part of a diverse/ international team.
  • Strong disciplined approach to our controls environment.
  • Ability to work under pressure and operate at senior level if required.


Preferred Qualifications, capabilities, and skills

  • Demonstrable experience interacting with major institutional / corporate commodity clients.
  • Understanding of oil fundamentals preferred but not required
  • Strong computational skills in Python, SQL, and/or other programming languages preferred


About Us
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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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
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.

Top Skills

Python
SQL

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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