FX Options Trader - Associate

FX Options Trading Team Position

The FX Options team is responsible for market-making in FX options and must be comfortable quoting large notional sizes.

Job Summary

As an Associate or Vice President on the FX Options Trading team, you will have a primary focus on a particular currency bloc. We expect you to be responsible, independent and able to work in smooth coordination with the larger team. Your role will involve market-making in FX options and you should be comfortable quoting large notional sizes. You will be dealing with a broad range of investors including money managers, banks, insurance companies, pension funds and corporates. This role requires strong communication skills and adept negotiation to transact effectively. You should have a strong understanding of foreign exchange and the macroeconomic promoters of the market. The work environment is fast-paced and challenging, requiring the ability to think and react quickly under pressure.

Job Responsibilities

• Making markets in both vanilla and exotic Options
• Strategically manage risk of client flows and orders
• Actively focus on clients and manage relationships
• Working in close collaboration with the FX Options technology and Quantitative Research groups in order to help grow our electronic capabilities
• Provide support with mentoring and development of junior staff

Required Qualifications, Capabilities, and Skills

• Demonstrable trading experience
• The ability to assess and understand risk around trading positions and market events
• Someone who thrives on the challenge of competitive pressures and is able to remain focused on client needs
• 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

• Demonstrable years' experience trading at a large bank;
• Demonstrable experience interacting with major institutional FX clients;
• Experience with electronic market making preferred;
• Bachelor degree, quantitative subjects preferred.

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.