Short Term Interest Rate Trader - STIRT - Executive Director

J.P. Morgan; New York (NY); On-site; USD 180,000 - 300,000; Full time

Job summary

J.P. Morgan in New York's STIRT trading desk seeks a trader to market-make STIRT products and manage a risk portfolio across multiple markets. The role requires independence, responsibility and the ability to coordinate smoothly with the larger team.

The candidate will work closely with NY and Global sales teams to support client flows, maintain strong relationships and mentor junior staff in a fast-paced environment. J.P. Morgan emphasizes equal opportunity and comprehensive rewards.

Qualifications

• Solid trading experience, directly relevant to STIRT products.
• Ability to assess risk around trading positions and market events.
• Maturity to succeed in a dynamic, fast-paced and open environment.
• Attention to detail, adaptable and hungry to learn.
• Ability to work effectively as part of a team.
• Direct multi-year STIRT trading experience.

Responsibilities

• Market making in STIRT products.
• Strategic risk management around client flows and orders.
• Strong client focus and relationship management.
• Collaborate with NY and Global sales teams to grow the business.
• Assist with mentoring and development of junior staff.

Skills

Trading experience

Risk assessment

Team player

Attention to detail

Adaptable

STIRT trading experience

Job description

J.P. Morgan is a top STIRT trading desk in NY where we look to provide liquidity into the market. The NY STIRT team focuses on providing execution and risk management service to the global client franchise. The team works closely with sales teams covering institutional accounts as well as other trading and sales entities within the firm.

Position Summary:

As a STIRT trader on the America Rates desk, you work as a part of the STIRT trading team in New York with primary focus in market marking the products that you trade in and must be comfortable managing a risk portfolio across multiple markets and products. We will expect you to be responsible, independent and able to work in smooth coordination with the larger team.

Job Responsibilities

• Market making in STIRT products
• Strategic risk management around client flows and orders
• Strong client focus and relationship management
• Working in close collaboration with our NY and Global sales teams in order to help grow the overall business
• Assisting with mentoring and development of junior staff

Required qualifications, capabilities and skills

• Solid trading experience (pervious directly relevant trading experience required)
• Ability to assess and understand risk around trading positions and market events
• Maturity and the ability to succeed in a dynamic, fast-paced and open environment
• Attention to detail, adaptable and hungry to learn
• Ability to work effectively as part of a team

Preferred qualifications, capabilities and skills

• Direct multi-year trading experience in STIRT products

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. Additional details about total compensation and benefits will be provided during the hiring process.

• comprehensive health care coverage
• on-site health and wellness centers
• a retirement savings plan
• backup childcare
• tuition reimbursement
• mental health support
• financial coaching
• more

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

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. J.P. Morgan is a top STIRT trading desk in NY where we look to provide liquidity into the market.