Global Credit Trading and Syndicate - Distressed Desk - Executive Director

JP Morgan Chase; New York (NY); On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Competitive total rewards

Job summary

JPMorganChase in New York seeks a candidate for the North America Credit Trading distressed desk. You will work directly with distressed traders and the Distressed Desk Analyst team to identify compelling trade opportunities and engage with clients. You will help manage risk in partnership with the trading desk.

Ideal candidates have experience in credit markets, strong valuation and cash flow modeling skills, and a mature, client-facing demeanor suited to high-pressure deadlines.

Qualifications

• Experience investing in credit markets, preferably distressed credit and restructurings.
• Strong work ethic; self-starter able to work independently and in a team.
• Valuation and credit analysis experience, including cash flow modeling.
• Mature personality for direct client interaction and confident presentations.
• Ability to work under pressure with tight deadlines.

Responsibilities

• Work directly with distressed traders and the Distressed Desk Analyst team.
• Identify compelling trade opportunities.
• Engage with the desk's clients.
• Manage risk in partnership with the trading desk.

Skills

Credit market experience

Distressed credit experience

Valuation and cash flow modeling

Independent work ethic

Client interaction

Job description

Job Description

The North America Credit Trading franchise is a leading market maker in credit and securitized products, derivatives, loans, and corporate bonds. Traders, sales people, and desk analysts work collectively to generate ideas and make secondary markets in high grade/high yield bonds/CDS, CLOs, distressed bonds, loans, trade claims, indices, exotics, and illiquid credits. You will work directly with our distressed traders and the broader Distressed Desk Analyst team.

Job Responsibilities

• Work directly with our distressed traders and the broader Distressed Desk Analyst team
• Identify compelling trade opportunities
• Engage with the desk's clients
• Manage Risk in partnership with the trading desk

Required Qualifications, Capabilities, And Skills

• Candidate must have experience investing in credit markets, preferably with experience in distressed credit & restructurings
• The candidate must have a strong work ethic and be a self-starter who is able to work independently and is also comfortable being part of a larger team
• Valuation and credit analysis experience, including strong business analysis and cash flow modeling skills
• Mature personality to enable direct client interaction, confident presentation skills
• Ability to work under pressure and on tight, evolving deadlines

Preferred Qualifications, Capabilities, And Skills

• Experience in restructuring / loan documentation / legal frameworks is desirable

ABOUT US

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

About The Team

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.