Global Rates - STIRT trader - Vice President

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading global financial services firm in the UK is seeking a Vice President STIRT trader. This role focuses on market making for GBP in STIRT products and requires solid understanding of rates markets and relevant trading experience. You'll be responsible for managing a risk portfolio and collaborating with other traders. Ideal candidates excel in analytical skills and multitasking under pressure. The position offers a dynamic work environment with opportunities for career growth.

Qualifications

• Solid understanding of rates markets and macro dynamics.
• Relevant trading experience required.
• Ability to prioritize multiple tasks.

Responsibilities

• Market make GBP in the STIRT products.
• Work alongside other traders and cover other books.
• Help improve pricing and lead initiatives.
• Meet clients and discuss markets.

Skills

Market making

Risk management

Analytical skills

Multitasking

Ability to work under pressure

Education

Bachelor's degree in Business, Finance, or related area

Job description

As a STIRT trader, Vice President within Global Rates team, your primary focus will be market marking the products that you trade. You need to be comfortable managing a risk portfolio across multiple markets and products. We expect you to be responsible, independent and able to work in smooth coordination with the larger team.

Responsibilities

• Market make GBP in the STIRT products which includes FX Forward Swaps, IR Swaps, Cross-Currency basis Swaps and OIS products
• Work alongside other traders trading 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

Qualifications

• 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

Regulatory Requirements

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.

Company Overview

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.

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.

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.