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

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.

Job Summary

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.

Job 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

Required qualifications, capabilities, and skills


* 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

Preferred qualifications, capabilities, and skills


* 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

JPMorganChase, 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, paid in the form of cash and/or forfeitable ...