Job Description
The Rates group at J.P. Morgan is a world leader in providing liquidity, sales ideas and risk management services across fixed income securities and derivatives for corporations, financial institutions and governments. Across the G10 currencies, from electronic government bond trading to tailored structured interest rate solutions, clients are able to transact seamlessly across our comprehensive product suite.
J.P. Morgan is a top STIRT trading desk in EMEA where we look to provide liquidity into the market. Our team focuses on providing execution and risk management service to the global client franchise. We work closely with Sales teams, covering institutional accounts, as well as other Trading and Sales entities within the firm.
Job summary:
As a STIRT Trader Associate within Global Rates, your primary focus will be market marking the products that you trade. You will have the opportunity to manage a risk portfolio across various markets and products. We anticipate that you will demonstrate responsibility, independence, and the ability to collaborate effectively with the broader team.
Job Responsibilities
- Assist in market making GBP products in the STIRT world which includes FX Forward Swaps, OIS Swaps and Cross-Currency basis Swaps
- Identify risk-taking opportunities across G10 currencies, conducting independent research and analysis
- Partner effectively with other traders on different currencies, as well as covering other books as required
- Help the desk to improve pricing and lead initiatives
- Meet clients and discuss markets and help lead and grow the STIRT franchise
Required qualifications, capabilities, and skills
- Bachelor's degree in Business, Finance, or related area preferred
- Solid understanding of rates markets and macro dynamics
- Relevant trading experience required
- Ability to prioritize and multitask
- Ability to work under time pressure
- Strong analytical and data manipulation skills
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 Us
J.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.
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.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
