Prime Finance - Junior Trader - Stock Borrow Loan Desk - Analyst
J.P. Morgan
Be part of a high‑impact team within J.P. Morgan’s Equities Division where your market instincts and relationship skills drive real outcomes for clients. As a Junior Trader on our Stock Borrow Loan desk, you’ll help power short sale approvals, pricing, and settlements across US and international securities while growing your career on a fast‑paced trading floor.
Job summary
As an analyst in the Prime Finance Group, you will sit within the Equities Division, providing integrated sales, execution, clearing, and financing solutions for clients. The Stock Borrow Loan desk manages client short sale approvals, pricing, and settlements for US and international stocks and bonds. In this role, you will support domestic SBL trading activity, cultivate hard‑to‑borrow flow, and partner closely with product and internal stakeholders to enhance trading and reporting capabilities—all while maintaining rigorous compliance and risk standards.
Job responsibilities
- Support and cultivate US hard‑to‑borrow equities trading flow, contributing to efficient price discovery and client execution.
- Source new hard‑to‑borrow supply and build relationships with institutional lenders to expand inventory access.
- Assist in maximizing returns on the firm’s long inventory through effective securities lending strategies.
- Collaborate with the Product Development team to enhance trading and reporting functionality supporting the SBL workflow.
- Maintain high standards of compliance and risk management in all trading activities, aligning with firm policies and controls.
- Communicate effectively with clients and internal stakeholders to drive timely resolutions and deliver best‑in‑class service.
Required qualifications, capabilities, and skills
- Minimum two years of markets experience, preferably within securities lending or equities trading.
- Proficiency with trading platforms and market data tools (e.g., Bloomberg, Excel) to analyze and execute effectively.
- Ability to thrive in a fast‑paced, high‑volume environment with strong attention to detail and prioritization.
- Self‑starter with a strong interest in financial markets and continuous learning mindset.
- Excellent organizational, interpersonal, and stakeholder communication skills, both written and verbal.
- Commitment to upholding regulatory and risk management standards in all activities.
Preferred qualifications, capabilities, and skills
- Experience cultivating relationships with institutional lenders and counterparties to broaden supply channels.
- Familiarity with workflow tooling and reporting enhancements supporting trading desks; comfort partnering with product/tech.
- Demonstrated track record of disciplined risk management and adherence to controls in a trading environment.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of 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
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.
Join J.P. Morgan’s Prime Finance SBL desk to support US hard to borrow trading, sourcing, and client execution.