The Rates team drives innovation by designing, testing, and executing sophisticated quantitative trading strategies. Join a group at the forefront of market evolution, where your expertise shapes impactful solutions in the world of finance.
Job summary
As an Executive Director within the Rates Trading team, you will have the opportunity to leverage your strong foundation in mathematics, statistics, and other quantitative disciplines, along with your deep understanding of financial markets. In this role, you will be responsible for providing liquidity to institutional and corporate clients across various US interest rate markets, as well as managing the risk associated with interest rate exposures resulting from these activities. This is a client-facing position that involves significant interaction with some of our largest clients within Global Markets
Job Responsibilities
- Interact with large, institutional clients and make markets in your desk’s particular range of product
- Manage risk, liquidity, and all aspects of a Trading book including analysis of pre-trade market conditions, execution costs, and hedging strategies while driving all aspects of the pricing and risk management decisions of trades with material interest rate exposure
- Track supply and demand from client franchise while evaluating market developments in real time
- Conduct in-depth research and analysis of financial markets, instruments, and data with an eye towards improving risk management and returns within the Trading book
- Collaborate with support partners in Technology, QR, Control Functions and other stakeholders to improve infrastructure and the broader Rates Trading platform
- Collaborate with Sales partners to help drive relationships and trading activity with our end user clients
- Provide ad hoc analysis and market colour to help support broader franchise efforts and increase client engagement
- Contribute to the development of new trading ideas and research initiatives
Required qualifications, capabilities, and skills:
- Advanced degree in a relevant field of study, preferably in a quantitatively oriented discipline
- Extensive experience in financial markets, preferably in a Trading, Sales, or Portfolio Management role
- Strong understanding of Interest Rate Markets, including Securities and Derivatives
- Programming skills in Python or similar language
- Ability to work collaboratively with stakeholders across all areas of the franchise including both Front Office and Support Partners
- Ability to multi-task in a high-pressure environment and to adapt to changing business and market conditions
- A desire to learn and a commitment to continuous growth and development
- Strong interpersonal skills and the ability to communicate directly with clients in support of Sales efforts
- Strong writing skills and the ability to generate original content for dissemination to clients
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
- Advanced degree in a relevant field of study
- Extensive experience in financial markets
- Experience in trading, sales, or portfolio management
- Strong understanding of interest rate markets, including securities and derivatives
- Programming skills in Python or a similar language
- Ability to collaborate with Front Office and support stakeholders
- Ability to multitask in a high-pressure environment and adapt to changing market conditions
- Strong interpersonal and client communication skills
- Strong writing skills and ability to generate original client content
- Compliance with applicable UK regulatory fitness, propriety, knowledge, and competence requirements
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.
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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.
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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.
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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.
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