Cash Equities - Electronic Client Solutions (ECS) Low-Latency Quant Product Manager -...

Cash Equities - Electronic Client Solutions (ECS) Low-Latency Quant Product Manager -...

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Project Management Institute

At a Glance

  • Tasks: Manage and enhance electronic trading solutions for hedge fund clients.
  • Company: Join J.P. Morgan, a global leader in financial services.
  • Benefits: Competitive salary, diverse work environment, and career growth opportunities.
  • Other info: Collaborative team culture focused on client success and innovation.
  • Why this job: Be at the forefront of innovative trading technology and client solutions.
  • Qualifications: Degree in Finance, Economics, or related field; experience in electronic trading.

The predicted salary is between 60000 - 80000 £ per year.

The ECS product suite is designed to source liquidity effectively across an ever-changing landscape of liquidity centres, minimize transaction costs and maintain anonymity for our clients. It includes global direct market access and smart order routing, global algorithmic trading products, differentiated liquidity solutions, pre- and post-trade analytics.

As an Associate or Vice President in Cash Equities, Electronic Client Solutions, you will be performing a client-facing role with an opportunity to work directly with quantitative hedge fund clients, delivering tailored electronic trading workflows, controls, and exchange co-location solutions. Your efforts will enable clients to access JPM's market-leading, ultra-low latency direct market access products. Additionally, you will engage closely with clients through execution consultation, systematic market access, and insights into the EMEA market landscape. As a member of the broader client connectivity team, you will also participate in client onboarding across the wider cash equities franchise working with Program Trading, High Touch and Equity Derivatives desks.

You will join the Electronic Client Solutions (ECS) team, which is the client-facing organization for all automated trading capabilities in Cash Equities. This team builds, manages and delivers the leading industry platform for algorithmic execution and liquidity solutions, data, analytics and low latency trading capabilities to institutional, hedge fund and systematic trading firms. The team partners with clients and provides in-depth TCA analysis and execution consultations.

Job Responsibilities

  • Oversee the management and integration of JPM's proprietary Direct Market Access (DMA) software solutions with internal trading destinations, ultra-low latency DMA products utilizing Field Programmable Gate Array (FPGA) technology, exchange-sponsored access solutions, and other liquidity-seeking offerings.
  • Manage JPM's exchange co-location presence and engineer custom client solutions within the co-location facilities.
  • Interact with our clients to understand their needs and collaborate with them to identify and quantify their custom requirements.
  • Ensure compliance with regulatory obligations such as MIFID II, including adherence to market access controls.
  • Partner with technology teams to coordinate production releases, conduct post-release validation with clients, and oversee the go-live process for custom solutions and products.
  • Collaborate closely with production management, network engineers, and application development groups to troubleshoot product service outages and resolve issues with minimal adverse client impact.
  • Contribute to defining product strategy and guiding platform investment and drive initiatives to enhance our existing electronic trading DMA product suite.
  • Work directly with electronic trading technology and infrastructure teams to drive innovation and deploy solutions in our production environment.
  • Produce in-depth analysis of product usage, client trends, trading performance, and revenues.
  • Leverage analytical skills to analyze large data sets and provide actionable results to drive product evolution and client product usage.
  • Maintain a working knowledge of equities trading, market structure, and the equities market regulatory landscape.
  • Be an integral member of the ECS team, working together to provide a positive client experience.

Required qualifications, capabilities, and skills

  • Bachelors' degree from a leading university with a degree in Finance, Economics, Mathematics, Engineering, Computer Science, or related quantitative field.
  • Experience with latency-sensitive Direct Market Access (DMA) electronic trading systems, Smart Order Routing, and other liquidity access products.
  • Extensive equities electronic trading experience or equivalent.
  • Very strong quantitative and analytical skills.
  • Experienced in Q/kdb and Python.
  • Comprehensive understanding of equities execution products, market structure, and the regulatory landscape.
  • Exceptional written and verbal communication skills with specific ability to communicate concepts and ideas concisely and defend their validity.
  • Ability to comfortably interact with clients in a professional and mature manner.

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.

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.

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.

Cash Equities - Electronic Client Solutions (ECS) Low-Latency Quant Product Manager -... employer: Project Management Institute

J.P. Morgan is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the Electronic Client Solutions team. Employees benefit from extensive professional development opportunities, a commitment to diversity and inclusion, and the chance to engage with leading quantitative hedge fund clients in a fast-paced, technology-driven setting. Located in the heart of the financial district, our team thrives on delivering cutting-edge solutions while maintaining a strong focus on client satisfaction and regulatory compliance.

Project Management Institute

Contact Details:

Project Management Institute Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cash Equities - Electronic Client Solutions (ECS) Low-Latency Quant Product Manager -...

Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by researching the company and its products. Understand the ECS product suite and how it fits into the market landscape. This will help you speak confidently about how your skills can contribute to their success.

Tip Number 3

Practice your pitch! Be ready to explain your experience and how it relates to the role. Tailor your responses to highlight your quantitative skills and understanding of electronic trading systems, as these are key for the position.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Cash Equities - Electronic Client Solutions (ECS) Low-Latency Quant Product Manager -...

Direct Market Access (DMA)
Smart Order Routing
Quantitative Analysis
Python
Q/kdb
Equities Trading
Market Structure Knowledge

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with electronic trading systems and quantitative analysis. We want to see how your skills align with the ECS product suite and the needs of our clients.

Showcase Your Analytical Skills:Since this role requires strong quantitative abilities, don’t shy away from showcasing any relevant projects or experiences. We love seeing how you’ve used data to drive decisions or improve processes in your previous roles.

Communicate Clearly:Your written communication should be concise and professional. We’re looking for candidates who can articulate complex ideas simply, so make sure your application reflects that clarity.

Apply Through Our Website:For the best chance of success, apply directly through our website. This ensures your application gets to the right people and shows us you’re serious about joining the StudySmarter team!

How to prepare for a job interview at Project Management Institute

Know Your Products Inside Out

Make sure you have a solid understanding of the ECS product suite, especially around direct market access and algorithmic trading. Familiarise yourself with how these products work and their benefits to clients, as this will help you answer questions confidently and demonstrate your expertise.

Brush Up on Regulatory Knowledge

Since compliance is key in this role, ensure you're well-versed in regulations like MIFID II. Be prepared to discuss how these regulations impact electronic trading and client interactions, showing that you can navigate the regulatory landscape effectively.

Showcase Your Analytical Skills

Given the emphasis on quantitative skills, be ready to discuss your experience with data analysis tools like Q/kdb and Python. Prepare examples of how you've used these skills to drive product evolution or improve client outcomes in previous roles.

Engage with Client Scenarios

Think about potential client scenarios you might encounter in this role. Practice articulating how you would approach understanding their needs and delivering tailored solutions. This will highlight your client-facing abilities and problem-solving skills during the interview.