Short-Term Interest Rate Trading (STIRT) - Associate / Vice President

JPMorgan Chase • New York, NY

90d

About The Position

Associates and Vice Presidents (VPs) within our Sales & Trading teams collaborate with top industry professionals to advise and facilitate transactions for a diverse range of institutional clients, including banks, asset managers, pension funds, insurance companies, and hedge funds. You will gain exposure to global capital flows and learn how institutional investors interact with prominent borrowers and issuers. We offer comprehensive training, hands-on learning, ongoing mentorship, and robust development opportunities to support your career progression. As an Associate or Vice President in the Short-Term Interest Rate Trading team, you will work closely with senior traders to cover institutional accounts and make markets in your product group. You will assist in managing risk, liquidity, and exposure, and support all aspects of the trading desk, including pre-trade analysis, research, trade processing, and strategy design for large transactions. You will monitor market developments and supply-demand dynamics to provide clients with timely and accurate product information.

Requirements

• Minimum 1 year of trading experience or 3+ years of fixed income quantitative research experience (required)
• Bachelor’s degree
• Strong interpersonal and communication skills
• Demonstrated interest in financial markets and macro products
• Ability to accept direction and feedback, and consistently meet time-sensitive deadlines

Nice To Haves

• Bachelor’s degree in a technical or STEM discipline is preferred
• Basic understanding of interest rate derivatives and cash products
• Proficiency with Excel and Python

Responsibilities

• Price client trades and facilitate execution
• Hedge risks to trades and the trading book, including duration, curve, swap spreads, futures, and on/off-the-run risk
• Develop and enhance desk infrastructure for risk management and P&L reporting
• Collaborate with the desk to develop analytics for relative value trading in both cash and derivative products
• Manage operational duties related to P&L, risk reporting, and ad hoc projects or data requests

What This Job Offers

• Career Level: Entry Level
• Education Level: Bachelor's degree