US Treasury Trading Desk - Associate

Job Description
Position Summary:
JP Morgan's US Treasury trading desk is part of one of the top Interest Rates Trading businesses on Wall Street, and we are currently looking for a qualified candidate to work on the trading desk, and help facilitate trading. At least 1 year of trading experience is a pre-requisite.
Position Description:
As an Associate for US Treasury desk, you will be expected to leverage your trading experience to help trade a specific maturity sector on the Treasury curve. Expectations will cover revenue, client engagement, content, partnership with sales and clients, and general teamwork behaviors for covering other traders and communicating important information. Others responsibilities will including helping to price client trades, hedge risks, and work on desk projects and manage many operational duties for the desk. Head trader for USTs will set expectations on pricing, risk, hedging, and the direction of the book, and the junior trader will be responsible for managing these trading responsibilities, in addition to handling desk projects and all the daily operational requirements for this group. The operational responsibilities for the desk include but are not limited to booking and confirming trades, talking to sales and sales assistants, reporting desk P&L, working on spreadsheets, coding projects, and other related work for desk intelligence.This is a unique opportunity to enter a strong franchise in a trading role, where more responsibility can be earned by proving core trading competencies, strong communication, ability to take direction easily as well as critical feedback, and ability to produce revenue and service the client base.
Job Responsibilities:

• Pricing & hedging client trades (requires intimate familiarity with duration, curve, futures, and on-off the run risk)
• Generating Revenue commensurate with the opportunity of the sector
• Produce color and content on the respective sector to share with clients and sales
• Working with the desk to develop analytics for relative value trading in both cash and derivatives
• Managing operational duties for reporting P&L, risk, and anything ad hoc asked by the desk including projects or specific data gathering.

Required qualifications, capabilities, and skills:

• Minimum of 1 yr of trading experience
• Undergraduate degree
• Strong interpersonal and communication skills
• Interest in markets and macro products
• Ability to take direction and constructive feedback, while meeting time sensitive deadlines on a daily basis

Preferred qualifications, capabilities and skills:

• Undergraduate technical/STEM degree
• Strong understanding of cash products and UST futures
• Familiarity with Excel

About Us
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of 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 is an Equal Opportunity Employer, including Disability/Veterans
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Clients turn to our industry-leading Markets, Sales and Research team to offer clients unique market insights on sectors and companies, and actionable ideas using research to make well-informed investment decisions. Teams understand products across asset classes and help clients structure solutions that manage risk, enhance yield and solve complex financial problems.