Portfolio Finance Trader
Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration and mutual respect. At Jump, research outcomes drive more than superior risk adjusted returns. We design, develop, and deploy technologies that change our world, fund start-ups across industries, and partner with leading global research organizations and universities to solve problems.
The Global Treasury Team is looking to expand the Portfolio Finance function. In this role, you will play a leading part in managing the daily financing of the firm and help drive the next iteration of Treasury within Jump, owning the optimization of the firm’s financing across a multi-asset book and the relationships with our key counterparties. You will also interact with both the APAC and EMEA teams – and will interact with all levels of various departments throughout the global organization.
What You’ll Do:
Own and manage US financing portfolios, borrow rates, sourcing of locates and refinancing of the firm’s equity and credit portfolios
Optimize the financing activities of the firm across asset classes
Negotiate and own general financing and margin terms with our key counterparties
Partner closely with our technology teams to build out reporting and tooling that makes financing decisions obvious and scales the function efficiently
Assist US, Europe, Asia Pacific, and Group Treasurers in all aspects of cash and collateral management
Deal in foreign exchange and other money market instruments
Provide regional trade team analysis regarding PnL and cost allocations
Work closely with Risk and other Back Office functions in supporting daily trading activities
Drive the identification and development of new procedures, funding structures and automation of processes related to the function
Provide regional treasury leadership on new business initiatives in the US
Other duties as assigned or needed
Skills You’ll Need:
Minimum academic level of bachelor’s degree in STEM, Accounting, Finance, Computer Science, or related areas
At least 5 years of experience on the buy or sell side in a Portfolio Finance, Delta One Trading, Repo or Stock Loan role, or experience supporting these desks in a technical/quant strats role with an interest in moving into more of a business facing role
Technically fluent using Python or other programming languages
Sound understanding of treasury and cash management concepts
Solid understanding of financial markets and different asset classes
Ability to multitask, prioritize, and manage competing deadlines
Self-motivated team player with strong interpersonal skills
Excellent written and verbal communication; an ability to communicate both technical and business content effectively
Strong analytical and problem-solving skills
Reliable and predictable availability
Benefits
- Discretionary bonus eligibility
- Medical, dental, and vision insurance
- HSA, FSA, and Dependent Care options
- Employer Paid Group Term Life and AD&D Insurance
- Voluntary Life & AD&D insurance
- Paid vacation plus paid holidays
- Retirement plan with employer match
- Paid parental leave
- Wellness Programs
Annual Base Salary Range $225,000 — $250,000 USD