Global Rates - Rates Trading - Executive Director

JPMorgan Chase & Co.; Greater London; On-site; GBP 180,000 - 240,000; Full time

Job summary

JPMorgan Chase & Co. in London seeks an Executive Director in Rates Trading to apply advanced mathematics and quantitative analysis to liquidity provision and risk management across major US interest rate markets.

You will interact with large institutional and corporate clients, contributing to pricing and market strategies on a global trading floor. The role requires deep market knowledge, strong communication skills, and the ability to collaborate across Front Office, Technology, and Risk.

Qualifications

• Advanced degree in a quantitative discipline.
• Extensive experience in financial markets, trading, sales, or portfolio management.
• Strong understanding of interest rate markets, securities, and derivatives.
• Programming skills in Python or similar language.
• Ability to collaborate with Front Office and Support Partners.
• Ability to multi-task in a high-pressure environment.

Responsibilities

• Interact with large institutional clients and make markets in the desk's range.
• Manage risk, liquidity, and trading book pricing and hedging decisions.
• Track supply and demand from client franchise in real time.
• Conduct research and analysis to improve risk management and returns.
• Collaborate with Technology, QR, Control Functions, and Sales partners.
• Provide market colour and support client engagement.
• Contribute to development of new trading ideas and research initiatives.

Skills

Client communication

Research & analysis

Team collaboration

Multi-tasking

Written communication

Adaptability

Education

Advanced degree in quantitative field

Tools

Python

Job description

The Rates team drives innovation by designing, testing, and executing sophisticated quantitative trading strategies. Join a group at the forefront of market evolution, where your expertise shapes impactful solutions in the world of finance.

Job summary

As an Executive Director within the Rates Trading team, you will have the opportunity to leverage your strong foundation in mathematics, statistics, and other quantitative disciplines, along with your deep understanding of financial markets. In this role, you will be responsible for providing liquidity to institutional and corporate clients across various US interest rate markets, as well as managing the risk associated with interest rate exposures resulting from these activities. This is a client-facing position that involves significant interaction with some of our largest clients within Global Markets

Job Responsibilities

• Interact with large, institutional clients and make markets in your desk’s particular range of product
• Manage risk, liquidity, and all aspects of a Trading book including analysis of pre-trade market conditions, execution costs, and hedging strategies while driving all aspects of the pricing and risk management decisions of trades with material interest rate exposure
• Track supply and demand from client franchise while evaluating market developments in real time
• Conduct in-depth research and analysis of financial markets, instruments, and data with an eye towards improving risk management and returns within the Trading book
• Collaborate with support partners in Technology, QR, Control Functions and other stakeholders to improve infrastructure and the broader Rates Trading platform
• Collaborate with Sales partners to help drive relationships and trading activity with our end user clients
• Provide ad hoc analysis and market colour to help support broader franchise efforts and increase client engagement
• Contribute to the development of new trading ideas and research initiatives

Required qualifications, capabilities, and skills:

• Advanced degree in a relevant field of study, preferably in a quantitatively oriented discipline
• Extensive experience in financial markets, preferably in a Trading, Sales, or Portfolio Management role
• Strong understanding of Interest Rate Markets, including Securities and Derivatives
• Programming skills in Python or similar language
• Ability to work collaboratively with stakeholders across all areas of the franchise including both Front Office and Support Partners
• Ability to multi-task in a high-pressure environment and to adapt to changing business and market conditions
• A desire to learn and a commitment to continuous growth and development
• Strong interpersonal skills and the ability to communicate directly with clients in support of Sales efforts
• Strong writing skills and the ability to generate original content for dissemination to clients

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.