Systematic Credit Trading - FICC ETF Trader - Associate

JPMorgan Chase; New York (NY); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Financial coaching

Job summary

A leading financial institution in New York is seeking an Associate for its FICC ETF trading team. The role will focus on executing automated trading strategies, pricing, and analyzing P&L data. Candidates should have a degree in a quantitative field and strong analytical skills, with 3+ years of relevant experience. The position offers a competitive salary range of $150,000 to $200,000 annually and a range of benefits including health care and retirement savings plans.

Qualifications

• 3+ years of experience in a similar role, or a Masters Degree and 1+ years experience.
• Proven ability to collaborate in a fast-paced environment.

Responsibilities

• Cover institutional accounts and work closely with sales and trading.
• Analyze P&L and pricing decisions.
• Maintain and enhance trading and monitoring tools.

Skills

Analytical skills

Quantitative skills

Competition under pressure

Communication skills

Statistics knowledge

Machine learning knowledge

Education

Degree in computer science, math, physics, engineering, or related field

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.

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.

Base Pay / Salary

New York, NY $150,000.00 – $200,000.00 / year