New York, NY, 10176, USA
6 days ago
Short Duration Securities - Associate
JP Morgan's Short Duration 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. **Position Summary:** As an Associate for the Short Duration Trading Desk (Securities), you will be tasked with a variety of responsibilities. You will help to price client trades, hedge risks, work on desk projects, and manage many operational duties for the desk. Together, we will set expectations on pricing, risk, hedging, and the direction of the book. You will be responsible for managing these trading responsibilities, in addition to handling desk projects and all the daily operational requirements for our group. Your operational responsibilities will include booking and confirming trades, communicating with 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 for you to enter a strong franchise in a junior trading role, where you can earn more responsibility by proving your core trading competencies, strong communication skills, ability to take direction easily as well as critical feedback, and ability to produce revenue and service our client base. **Job Responsibilities:** + Pricing small to medium sized client trades + Hedging risks to trades and the book, including duration, curve, swap spreads, futures, and on-off the run risk + Developing desk infrastructure for risk and P&L + Working with the desk to develop analytics for relative value trading in both cash and derivatives + Managing all 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:** + 1+ years of trading experience is required. No exceptions. + 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 + Basic understanding of interest rate derivatives and cash products + Familiarity with Excel 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 **Base Pay/Salary** New York,NY $150,000.00 - $200,000.00 / year
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