Join a world-leading Rates team where you will have the opportunity to shape liquidity and risk management across global fixed income markets. As a JPY Trader Associate, you will play a pivotal role in delivering innovative trading solutions and supporting our diverse client franchise. This is your chance to work alongside industry experts, develop your skills, and make a meaningful impact in a dynamic environment. We value collaboration, independence, and a commitment to excellence. Take your career to the next level with us.
Job Summary:
As a Trader Associate in Global Rates, you will market-make products within your remit and manage a risk portfolio across various markets and products. You will work closely with the team, Sales, and other Trading entities, collaborating to deliver seamless execution and risk management. You will be the primary market-maker in JPY interest rate swaps and cross-currency basis, as well as the main cover trader for the JPY STIRT book. You will have the opportunity to drive initiatives and contribute to the growth of the JPY franchise.
Job Responsibilities:
- Market-make JPY interest rate swaps and long-end cross-currency basis, alongside covering the JPY STIRT book in FX Forwards and OIS
- Identify and pursue risk-taking opportunities across G10 currencies through independent research and analysis
- Collaborate with traders on other currencies and cover additional books as required
- Lead initiatives to improve desk pricing and efficiency
- Engage with clients to discuss market developments and support the growth of the JPY franchise
Required Qualifications, Capabilities, and Skills:
- Bachelor’s degree in Business, Finance, or a related field
- Comprehensive understanding of rates markets and macroeconomic dynamics
- Relevant trading experience in interest rates
- Ability to prioritise tasks and manage multiple responsibilities
- Capacity to perform effectively under time pressure
- Strong analytical and data manipulation skills
Preferred Qualifications, Capabilities, and Skills:
- Prior experience trading JPY interest rate swaps is preferred; experience in other G10 currencies will also be considered
This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.
About UsJ.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.
Skills Required
- Bachelor's degree in Business, Finance, or a related field
- Comprehensive understanding of rates markets and macroeconomic dynamics
- Relevant trading experience in interest rates
- Ability to prioritize tasks and manage multiple responsibilities
- Ability to perform effectively under time pressure
- Strong analytical and data manipulation skills
- Prior experience trading JPY interest rate swaps
- Experience trading other G10 currencies
- Meet UK regulatory fitness, propriety, knowledge, and competence requirements
- Obtain approval by the UK Financial Conduct Authority and/or Prudential Regulation Authority where appropriate
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
-
Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
-
Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
-
Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
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.
Gallery
