MSR Hedging Analyst - Rates & Mortgage Markets

JPMorgan Chase & Co.; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

JPMorgan Chase & Co. in New York City is seeking an Analyst for the CIO MSR Hedging Team. You will support hedging strategies for Chase's Mortgage Servicing Rights and deepen knowledge of US rates and mortgage markets.

The role involves building analytics and collaborating with trading counterparties to manage risk on a fast-paced trading desk. Responsibilities include developing modeling frameworks, supporting a Portfolio Manager, and working with business partners on risk-management projects.

Qualifications

• Strong quantitative and analytical skills.
• Solid grounding in fixed income securities including rates, mortgages, and derivatives.
• Ability to comprehend complex concepts and models.
• Self-starter who can succeed independently in a dynamic, fast-paced environment.
• Maturity to succeed in a dynamic, open trading desk environment.
• 0+ years of experience in finance, markets, or quantitative fields.

Responsibilities

• Develop knowledge of the US rates and mortgage markets, identifying value propositions and areas of opportunity.
• Support senior Portfolio Manager to formulate and execute hedging strategies.
• Develop and maintain accurate analytics, modeling, and valuation frameworks for fixed income instruments, including embedded and explicit options.
• Build and maintain relationships with trading counterparties.
• Work with business partners across lines of business on collaborative hedging and risk-management projects.

Skills

Quantitative skills

Fixed income

Derivatives

Independent worker

Team player

Tools

Programming skills

Job description

JPMorgan Chase & Co. in New York City is seeking an Analyst for the CIO MSR Hedging Team. You will support hedging strategies for Chase's Mortgage Servicing Rights and deepen knowledge of US rates and mortgage markets.

The role involves building analytics and collaborating with trading counterparties to manage risk on a fast-paced trading desk. Responsibilities include developing modeling frameworks, supporting a Portfolio Manager, and working with business partners on risk-management projects.