Rates Trade Support Specialist — Middle Office

Aumni; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

J.P. Morgan is seeking a Trade Support Associate in Local Markets Rates Trading Middle Office to provide first-line support for trade capture, lifecycle management, and risk reporting.

You will interact with trading, risk, finance, and operations teams to maintain control environments and resolve issues quickly. The role sits at the centre of trading, risk, and operations, offering exposure to interest rate derivatives and opportunities to sharpen control mindset and stakeholder management under

Qualifications

• Demonstrate working knowledge of interest rate derivatives and trade lifecycle concepts.
• Understand market risk concepts and sensitivities used in rates trading.
• Explain key drivers of trading profit and loss with supporting evidence.
• Show strong control discipline and attention to detail.

Responsibilities

• Capture trades accurately in the risk management system and ensure timely completion of required trade details.
• Verify new transactions against term sheets, sales recap information, and broker confirmations.
• Monitor lifecycle events and ensure timely processing of key events such as rate fixings and resets.
• Review confirmation documentation and resolve discrepancies versus internal bookings.
• Investigate profit and loss and risk questions from the front office and drive issues to closure.
• Produce daily and ad hoc risk and exposure reports for control and oversight partners.
• Run scenario analyses and what-if assessments to support trading decisions and risk understanding.
• Partner with settlements, collateral, finance, and other control groups to ensure smooth downstream processing.
• Ensure adherence to regulatory and internal control requirements for reportable trades.
• Test changes to models, analytics, and booking workflows and document impacts for stakeholders.
• Improve processes through root-cause analysis, standardization, and automation ideas.

Skills

Rates derivatives

Trade lifecycle

Market risk concepts

Attention to detail

Clear communication

Structured problem solving

Spreadsheet analysis

Team collaboration

Tools

Python

Risk management system

Job description

J.P. Morgan is seeking a Trade Support Associate in Local Markets Rates Trading Middle Office to provide first-line support for trade capture, lifecycle management, and risk reporting.

You will interact with trading, risk, finance, and operations teams to maintain control environments and resolve issues quickly. The role sits at the centre of trading, risk, and operations, offering exposure to interest rate derivatives and opportunities to sharpen control mindset and stakeholder management under