Exotics Derivatives Trading - US Non-Linear Rates - Associate

Posted 2 Days Ago
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New York, NY
Hybrid
Mid level
Financial Services
The Role
As a junior trader on the Americas Rates Team, you'll support senior traders by assisting in risk management, liquidity, and exposure tasks. Responsibilities include pre-trade analysis, trade execution, and improving pricing and risk management infrastructure with a focus on extensive data analysis.
Summary Generated by Built In

Job Description
The JPMorgan Exotics Derivatives business has been a longstanding fixture of the JPMorgan Sales and Trading franchise and has historically provided liquidity in exotic options based notes and derivative structures.
The Americas Rates trading business supports senior traders, primarily in the USD exotics derivatives business. The job requires a diverse skillset of critical analytical thinking, strong risk management capabilities, product structuring abilities, understanding of financial instruments and markets, implementation of a strict control environment, and ability to work in a team setting with partners throughout sales and trading.
As a junior trader for the Americas Rates Team, you will help senior traders cover institutional accounts and make markets in your group's particular range of products. You will assist the senior traders in managing risk, liquidity and exposure and you may support all aspects of the trading desk: pre-trade analysis, trade execution, hedging, improvements to pricing and risk management infrastructure with focus of extensive data and statistical analysis. Tracking supply and demand from client franchise, you constantly evaluate market developments in order to give clients accurate product and flow information.
Job Responsibilities:

  • Entrepreneurial drive with strong analytical and quantitative skills
  • Highly innovative and creative mind to explore new efficiencies within the business, with focus on programming skills in Python to improve both the operational and technology-based infrastructure
  • Ability to thrive on the challenge of competitive pressures and is able to remain focused on client needs
  • Exhibit excellent communication skills and works well with colleagues in a fast-paced environment
  • Drive a strong team player mentality in order to successfully build partnerships with our internal business partners across Trading, Sales, and the various critical support functions.


Required qualifications, capabilities, and skills:

  • Bachelors degree or experience in: quantitative fields preferred, math, physics, statistics, computer science, etc
  • 3+ years of experience.
  • Series 7, 63: Need to have after hiring


Preferred qualifications, capabilities, and skills:

  • Trading specific experience: preferred, but not requir


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
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.

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250,000 Employees
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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.

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