Credit Trading - Product Specialist - Associate

Next Frontier Capital; New York (NY); On-site; USD 110,000 - 140,000; Full time

Job summary

JPMorgan Chase & Co. in New York seeks an Associate on the Product Specialist team responsible for day-to-day monitoring and analysis of a diverse product set, including corporate bonds, credit default swaps, credit indices, index options, and loans.

You will coordinate with Compliance, Market Risk and Product Control to ensure accurate risk capture and timely communication of any concerns, while supporting settlement and data analysis tasks to help manage liquidity and capital costs.

Qualifications

• Experience in Markets, Risk, or Trade Support.

Responsibilities

• Anticipate settlement bottlenecks and address client concerns.
• Execute on Insuring risk and P/L are correctly captured and alert partners to concerns.
• Monitoring of positions and client/issuer data analysis.

Skills

Markets Risk

Series 7/63

Problem solving

Detail oriented

Communication

Team player

Analytical thinking

Tools

Bloomberg

Excel

Job description

Job Summary:

As an Associate on the Product Specialist team, you will be responsible with the day-to-day monitoring and analysis of all products we are responsible for, including but not limited to; corporate bonds, credit default swaps, credit indices, index options, and loans.

Job Responsibilities:

• Anticipating settlement bottlenecks, working with clients on any concerns, understanding balance sheet and capital costs, knowing optimal modelling and feeding
  processes
• Execute on Insuring risk and P/L are correctly captured on T, partners in other groups (Compliance, Market Risk, Product Control) are alerted to any potential concerns
• Monitoring of positions, client/issuer data analysis, regulatory reviews of positions, any settlement concerns/queries

Required Qualifications, Capabilities, and Skills:

• Experience in Markets, Risk, and/or Trade Support.
• Series 7 & 63 will be required
• Creative problem solver with ability to perform well under pressure and meet deadlines
• Detail oriented and able to produce accurate work
• Clear, logical thinker with strong qualitative abilities
• Strong team player that is highly disciplined approach to process and quality control
• Effective communication skills to interact with internal partners and clients

Preferred Qualifications, Capabilities, and Skills:

• Strong understanding of Excel and deep knowledge of Bloomberg a plus

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 equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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. The Credit Trading team acts as a market maker in corporate credit products to the largest asset manager and investor clients.