Macro Credit Trading Desk - Analyst

JPMorganChase; New York (NY); On-site; USD 90,000 - 140,000; Full time

Job summary

JPMorganChase’s Macro Credit Trading Desk seeks an Analyst to support day-to-day trading operations, including P&L/risk, trade booking, pricing, and client-driven execution. You will collaborate with senior traders and gradually take on more responsibility to help scale workflows across CDS indices, options, futures, and TRS.

You will build analytics, monitor risk exposures, and assist in client coverage, with opportunities to contribute to automation and dashboard development in a fast-paced

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.

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

Analytical skills

Attention to detail

Communication

Python

Interest in markets

Tools

Trading systems

Job description

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 across CDS 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—supporting P&L and risk, trade booking, pricing/marking, and client-driven execution. You'll work closely with senior traders and take on increasing responsibility over time.

Job 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.

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.

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.