About the Role
As a Vice President on the Prime Finance SBL team at JPMorganChase, you will support the daily coverage of ETF stock borrow and loan activity while driving broader General Collateral (GC) financing strategy and balance sheet optimization. This role is ideal for individuals who thrive in a fast-paced, hands-on environment and are passionate about securities lending and financing economics.
Responsibilities
- Support the daily coverage of the ETF book, managing stock borrow and loan activity including inventory management, recalls, buyins, settlement issues, availability, and pricing.
- Monitor and identify changes in utilization, short interest, corporate actions, and create/redeem flow.
- Optimize GC collateral borrow activity through strategic deployment of firm needs and counterparty management to ensure competitive financing economics.
- Analyze stock loan positions and financing activity to identify balance sheet optimization opportunities.
- Collaborate closely with Demand, Operations, Risk, and Capital Management teams to optimize the firm's financing resources.
- Deliver strong client and counterparty service while maintaining alignment with internal risk and regulatory frameworks.
Requirements
- Strong understanding of the stock loan market and Securities Borrowing & Lending (SBL) mechanics, including ETF borrow, create, and redeem dynamics.
- Demonstrated experience in financing economics and balance sheet optimization.
- Ability to manage day-to-day trading and operational responsibilities in a fast-paced, hands-on environment.
- Strong analytical skills with the ability to identify trends and drive data-informed decisions across financing activity.
- Proven ability to collaborate cross-functionally with Risk, Operations, and Capital Management stakeholders.
- Excellent communication and interpersonal skills with the ability to manage client and counterparty relationships effectively.
Skills
- ETF stock borrow/loan activity
- Inventory management
- Recalls
- Buyins
- Settlement issues
- Availability
- Pricing
- Utilization monitoring
- Short interest monitoring
- Corporate actions monitoring
- Create/redeem flow monitoring
- General Collateral (GC) optimization
- Counterparty management
- Financing economics
- Balance sheet optimization
- Cross-functional collaboration
- Client and counterparty relationship management
- Securities Borrowing & Lending (SBL) mechanics
- ETF borrow, create, and redeem dynamics
- Analytical skills
- Data-informed decision-making
- Regulatory capital frameworks
- Working with large data sets
- Reporting
- Strategic decision-making
Experience Level
- Vice President
- Associate/VP level
Benefits
- Comprehensive health care coverage
- On-site health and wellness centers
- Retirement savings plan
- Backup childcare
- Tuition reimbursement
- Mental health support
- Financial coaching
About the Company
- 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.
- 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.
Equal Opportunity
- 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.
- JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
