Help power a fast-moving rates trading business with disciplined trade execution support and risk reporting. You will sit at the centre of trading, risk, finance, and operations to keep markets running smoothly. This role offers day-to-day exposure to interest rate derivatives and the opportunity to sharpen product knowledge, control mindset, and stakeholder management. If you enjoy solving problems under time pressure and improving processes, you will thrive here.
As a Trade Support Associate in Local Markets Rates Trading Middle Office, you provide first-line support to the trading desk by ensuring accurate trade capture, effective lifecycle management, and clear risk and profit and loss reporting. You work with us to resolve issues quickly, partner across control functions, and maintain a strong control environment that protects clients and the firm. You will contribute to continuous improvement through disciplined execution, root-cause analysis, and participation in change initiatives.
Job responsibilities
- Capture trades accurately in the risk management system and ensure timely completion of required trade details
- Verify new transactions against term sheets, sales recap information, and broker confirmations
- Monitor lifecycle events and ensure timely processing of key events such as rate fixings and resets
- Review confirmation documentation and resolve discrepancies versus internal bookings
- Investigate profit and loss and risk questions from the front office and drive issues to closure
- Produce daily and ad hoc risk and exposure reports for control and oversight partners
- Run scenario analyses and “what-if” assessments to support trading decisions and risk understanding
- Partner with settlements, collateral, finance, and other control groups to ensure smooth downstream processing
- Ensure adherence to applicable regulatory and internal control requirements for reportable trades
- Test changes to models, analytics, and booking workflows and document impacts for stakeholders
- Improve processes through root-cause analysis, standardization, and automation ideas
Required qualifications, capabilities, and skills
- Demonstrate working knowledge of interest rate derivatives and trade lifecycle concepts (for example, interest rate swaps, forward rate agreements, cross-currency swaps, total return swaps)
- Apply understanding of market risk concepts and sensitivities used in rates trading (for example, delta, gamma, vega, theta)
- Explain key drivers of trading profit and loss and reconcile differences with supporting evidence
- Execute strong control discipline, including attention to detail and follow-through on exceptions
- Communicate clearly with trading, risk, finance, and operations partners in a time-sensitive environment
- Solve problems using structured investigation, prioritization, and escalation when needed
- Operate effectively in a high-volume environment with multiple deadlines and competing priorities
- Use spreadsheet tools to analyze data and produce clear, accurate reporting outputs
- Collaborate well within a team environment and contribute to shared outcomes
- Demonstrate sound judgment and accountability when managing operational, market, and reputational risks
Preferred qualifications, capabilities, and skills
- Support regulatory reporting and control requirements for derivatives (for example, European Market Infrastructure Regulation, Dodd-Frank reporting, clearing obligations)
- Work with risk management and trade reporting platforms in a middle office or trade support environment
- Partner with quantitative and model governance teams to test model upgrades and assess impacts
- Build automation or workflow improvements using tools such as Python or data preparation platforms
- Contribute to tactical and strategic projects that simplify controls, reduce breaks, or improve timeliness
- Demonstrate experience producing management-ready risk and exposure reporting for senior stakeholders
- Develop broad stakeholder networks and influence across trading and control functions
Skills Required
- Working knowledge of interest rate derivatives and trade lifecycle concepts, including swaps and related products.
- Understanding of market risk concepts and rates-trading sensitivities such as delta, gamma, vega, and theta.
- Ability to explain trading profit-and-loss drivers and reconcile differences using supporting evidence.
- Strong control discipline, attention to detail, and follow-through on exceptions.
- Clear communication with trading, risk, finance, and operations stakeholders in time-sensitive environments.
- Structured problem-solving, prioritization, and escalation skills.
- Ability to manage multiple deadlines and competing priorities in a high-volume environment.
- Experience using spreadsheet tools for data analysis and accurate reporting.
- Team collaboration and accountability when managing operational, market, and reputational risks.
- Experience supporting derivatives regulatory reporting and control requirements, including EMIR or Dodd-Frank.
- Experience with risk management and trade reporting platforms in middle-office or trade-support environments.
- Experience partnering with quantitative and model governance teams to test model upgrades and assess impacts.
- Ability to build automation or workflow improvements using Python or data preparation platforms.
- Experience contributing to projects that simplify controls, reduce breaks, or improve timeliness.
- Experience producing management-ready risk and exposure reporting for senior stakeholders.
- Ability to develop stakeholder networks and influence across trading and control functions.
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
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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. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
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