Delta One Flow Swaps Trader — Associate/VP

Next Frontier Capital; New York (NY); On-site; USD 180,000 - 300,000; Full time

Benefits offered by this job

Health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

JPMorganChase is seeking an Associate or Vice President for the North America Delta 1 Flow Swaps Trading desk in New York. You will price, execute, and actively manage risk across delta-one derivatives including Total Return and Price Return Swaps for institutional clients.

You will collaborate with Sales, Structuring, and control functions, driving analytics, tooling, and processes to enhance execution quality, scalability, and risk discipline across the franchise.

Qualifications

• Experience with delta-one products (equity swaps / single stock swaps / prime delta-one).
• Strong understanding of vanilla derivative pricing, hedging, and swap economics drivers.
• Advanced Excel (incl. VBA) and/or Python for desk analytics or risk tooling.

Responsibilities

• Price and execute delta-one client flow across exposures; manage hedging and unwind.
• Own delta hedging and monitor risk drivers (borrow, dividends, financing, basis).
• Execute flow per governance, ensure booking accuracy and lifecycle management.

Skills

Delta-one products

Pricing & hedging

Excel (VBA)

Python

Stakeholder management

Licenses: SIE, Series 7, 57, 63

Tools

Excel

VBA

Python

Job description

JPMorganChase is seeking an Associate or Vice President for the North America Delta 1 Flow Swaps Trading desk in New York. You will price, execute, and actively manage risk across delta-one derivatives including Total Return and Price Return Swaps for institutional clients.

You will collaborate with Sales, Structuring, and control functions, driving analytics, tooling, and processes to enhance execution quality, scalability, and risk discipline across the franchise.