Job Description
As an Analyst/Associate on the Fixed Income - Rates Trading desk, you will be working in a dynamic and busy trading floor environment. You will help traders cover institutional accounts and make markets in your group's particular range of products. You will assist the traders in managing risk, liquidity and exposure and you may support all aspects of the trading desk: pre-trade analysis, research on index constituent changes, inbound and outbound trade processing and the design of trade strategies.
Job responsibilities:
- Understand market drivers and be on top of market moves, and develop an appreciation of cross-asset implications
- Independently resolve P&L reconciliation on issues
- Ensure all relevant parties (vertically and horizontally) are kept abreast of key developments; Provide a solution-based framework to business practice and clients; Take the initiative to make things better
- Cultivate an appreciation of balance between revenue generation and building a client franchise
- Understand drivers of relevant markets and effectively communicate these to clients
- Develop the tools to build a trading strategy, and work at fulfilling this strategy with effective execution.
- Understands firm's approach and policies for managing risks in relevant business and applicable legal and regulatory rules, and follows policies
- Build foundation of trust with clients by demonstrating an understanding of their needs and being responsive
- Assist with the post trade process by ensuring the accuracy of all entries and to ensure internal controls are followed
- Proactively share information, knowledge and ideas that help others succeed
- Play an active role in training and developing juniors; Take a leading role in people initiatives (recruiting, mentoring, training)
Required Qualifications, Capabilities and skills:
- Minimum 3 years of experience working within an investment bank
- Bachelor's degree
- Ability to discuss in detail your understanding of how to calculate and reconcile P&L; fundamental and technical aspects of product(s) traded and support area functions of respective products
- Demonstrable proficiency with market and product lingo. Well versed in the quantitative nature and framework of each product (e.g., pricing, models, etc).
- Ability to discuss in detail your knowledge of the direct costs of \"doing business\" along the transaction lifecycle;
- Understands the different types of risk and can discuss in detail ways of managing these risk.
- Thoroughly understands drivers of relevant markets and can explain and anticipate market movements.
- Understands transaction cycle and the steps in the process and is execution oriented.
- Ability to thrive on the challenge of competitive pressures and remain focused on client needs
- Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences.
- Ability to interact comfortably with business clients and management; be self-directed, highly motivated, and able to work independently
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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.
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.
What We Do
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.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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