Macro Credit Trading Desk – Analyst

JPMorgan Chase & Co.; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

JPMorganChase in New York seeks an Analyst on the Macro Credit Trading Desk to support day-to-day P&L and risk, trade booking, pricing, and client-driven execution. You'll work closely with senior traders and assume increasing responsibility over time.

The role involves building analytics and tooling, monitoring risk exposures, and helping scale processes across CDS indices and tranches, index options, futures, and TRS, with a focus on accuracy and timely reporting.

Qualifications

• Strong analytical and quantitative skills; able to learn new products quickly.
• Attention to detail and ownership mindset; comfortable running recurring daily processes under time pressure.
• Clear communicator; able to explain work succinctly to desk and partner teams.

Responsibilities

• Run daily P&L and risk processes, ensuring accuracy and timely reporting.
• Assist in booking, pricing, and marking trades across macro credit products (indices/tranches, options, futures, TRS).
• Support client coverage by preparing trade color/ideas, responding to inquiries, and helping facilitate transactions.
• Monitor and analyze risk exposures, including scenario analysis and stress testing.
• Build and enhance analytics and tooling (dashboards, monitoring, automation) to improve workflow and decision-making.

Skills

P&L analysis

Risk management

Trade booking

Pricing/marking

Client communication

Python

Job description

Join the Macro Credit Trading Desk at JPMorganChase, a central part of our broader credit trading division within markets. We seek a highly motivated Analyst to help the desk support continued growth across the macro credit ecosystem from the trading side. As volumes rise, you will help scale the desk's day-to-day processes acrossCDS indices and tranches, index options, futures, and total return swaps (TRS).

Position Overview

As an Analyst on our Macro Credit Trading Desk, you will help run the business day-to-day-supportingP&L and risk,trade booking,pricing/marking, andclient-driven execution. You'll work closely with senior traders and take on increasing responsibility over time.

Job Responsibilities

• Run dailyP&Landriskprocesses, ensuring accuracy and timely reporting.
• Assist inbooking, pricing, and markingtrades across macro credit products (indices/tranches, options, futures, TRS).
• Support client coverage by preparing trade color/ideas, responding to inquiries, and helping facilitate transactions.
• Monitor and analyze risk exposures, includingscenario analysisandstress testing.
• Build and enhanceanalytics and tooling(dashboards, monitoring, automation) to improve workflow and decision-making.

Qualifications

• Strong analytical and quantitative skills; able to learn new products quickly.
• Strong attention to detail and ownership mindset; comfortable running recurring daily processes under time pressure.
• Clear communicator-able to explain work succinctly to desk and partner teams.
• Technical/programming capability (e.g.,Python; other languages a plus) and comfort working with data.
• Demonstrated interest in financial markets.
• Collaborative, proactive problem-solver who thrives in a fast-paced environment.