Exotics Derivatives Trading - US Non-Linear Rates - Associate
New York, NY, United States
JPMorgan Chase & Co.
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
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
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Banking Computer Science Mathematics Physics Python Statistics
Perks/benefits: Competitive pay Health care Wellness
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