Systematic Credit Trading - FICC ETF Trader - Associate

J.P. Morgan; New York (NY); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

A leading global financial services firm seeks an Associate for the FICC ETF trading team in New York. The role involves executing automated trading strategies, pricing and marketing ETFs, and analyzing P&L data. Candidates should have strong analytical skills, a degree in a quantitative field, and 3+ years of experience or a Master's degree with 1+ year. This fast-paced environment offers a competitive rewards package and is committed to diversity and inclusion.

Qualifications

• 3+ years of experience in a similar role, or a Masters Degree and 1+ years experience.
• Strong knowledge of statistics and machine learning.
• Fixed income trading experience is strongly preferred.

Responsibilities

• Cover institutional accounts and make markets.
• Price and market ETFs across FICC asset classes.
• Analyze P&L, pricing decisions, and risk models.
• Maintain and enhance trading and monitoring tools.

Skills

Analytical skills

Quantitative skills

Communication skills

Entrepreneurial drive

Education

Degree in computer science, math, physics, engineering or other quantitative fields

Job description

Position Summary

As an Associate on the FICC ETF trading team, you will execute automated trading strategies, secondary trades, primary trades and help develop the broader systematic trading ecosystem. The role will focus on pricing and marketing ETFs, assessing risk models, generating systematic alpha, analyzing P&L data, and improving workflows to make the best real-time risk decisions. We value individuals who are responsible, independent, driven, and able to work in collaboration with the wider team. The environment is fast-paced and dynamic. The group is globally distributed, so clear written and verbal communication is required. You are also expected to cover a wide range of responsibilities spanning trading, quantitative research, and technology.

Job Responsibilities

• Cover institutional accounts and make markets, partnering closely with sales, and cross-asset trading to deliver liquidity and solutions across products.
• Price and market ETFs across FICC asset classes.
• Analyze P&L, pricing decisions, and risk models to identify patterns and revenue opportunities.
• Constantly evaluate macro developments, product, and market structure to provide clients and team members accurate product information.
• Maintain and enhance trading and monitoring tools in partnership with quant and strategy teams with a focus on improving automation, resiliency, and controls.

Required qualifications, capabilities, and skills

• Demonstrated entrepreneurial drive with strong analytical and quantitative skills.
• Thrives under competitive pressures while maintaining focus on client needs.
• Excellent communication skills and proven ability to collaborate in a fast-paced environment.
• Degree in computer science, math, physics, engineering, or other quantitative fields.
• Strong knowledge of statistics and machine learning.
• 3+ years of experience in a similar role, or a Masters Degree and 1+ years experience

Preferred qualifications, capabilities, and skills

• Fixed income trading experience is strongly preferred.

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