Global Rates - Syndicate Deal Management - Analyst or Associate

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global financial services leader is seeking an Analyst or Associate to join their Rates Syndicate Desk in Westminster. This role requires managing risk in a fast-paced environment, reconciling trade processes, and ensuring compliance with regulations. Candidates should possess strong organizational skills, proficiency in MS Office Suite (Excel preferred), and preferably have experience with trading and reconciliation processes. This position offers an opportunity to work with prominent clients and internal teams to deliver impactful financial solutions.

Qualifications

• Proven proficiency in MS Office Suite, specializing in Excel.
• Demonstrated strong attention to detail and organizational skills.
• Prior experience managing risk and understanding regulations is essential.
• Experience with reconciliation processes, including hedge managing, is a plus.

Responsibilities

• Reconcile live books during the bookbuild process.
• Manage risk hedging in coordination with teams.
• Assist in trade ticket booking in Athena.
• Monitor and resolve trade fails.
• Manage prospectus delivery for syndicated issues.
• Maintain Syndicate deal files and legal record-keeping.
• Ensure compliance with regulations relating to new issues.
• Cross-check P&L and risk reports.

Skills

Proficiency in MS Office Suite (especially Excel)

High attention to detail

Strong organizational skills

Confident communication

Experience in managing risk

Understanding of new issues process

Knowledge of reconciliation processes

Ability to work autonomously

Tools

Athena

Bloomberg Terminal

Insight

Job description

Job Overview

The Rates Syndicate Desk brings new issues to market for Sovereigns, Supranationals, Agencies (SSA), and Local Authorities. This is a high-profile and fast-paced environment, especially during periods of large issuance volumes. As Analyst or Associate you will work closely with Debt Capital Markets colleagues to deliver best-in-class advice and execution for issuer clients. The role also involves regular communication with internal stakeholders, including Sales, Trading, and Middle Office teams, and may provide cross-coverage with the Credit Fixed Income Syndicate Desk.

Responsibilities

• Reconcile live books during the bookbuild process.
• Manage all hedging of risk in coordination with risk‑taking teams.
• Assist in the booking of all trade tickets in Athena.
• Monitor and resolve all trade fails.
• Manage the prospectus delivery process for all new issues syndicated by the desk.
• Maintain all Syndicate deal files, including legal and regulatory record‑keeping.
• Ensure up‑to‑date knowledge of regulations relating to new issues (e.g., Stabilisation, Canadian Wrappers) and ensuring desk compliance.
• Cross‑check P&L and risk reports.
• Support any other deal‑related administrative tasks as needed.

Qualifications

• Proficiency in MS Office Suite, especially Excel.
• High attention to detail and strong organizational skills.
• Confident and concise communicator, able to interact effectively with various stakeholders.
• Prior experience in managing risk and dealing with regulations.
• Previous experience and understanding of the new issues process is preferred.
• Experience with reconciliation processes, including tie‑outs and hedging, is advantageous.
• Knowledge of Athena and Insight preferred.
• Knowledge of Bloomberg Terminal preferred.
• Ability to work autonomously and manage multiple tasks in a high‑pressure environment.

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.

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.