Institutional Interest Rate Sales [Multiple Positions Available]

Job Description

DESCRIPTION:

Duties: Trade modelling, trade execution, post-trade operations management. Cover clients and conduct market intelligence. Support Senior Salespeople with coverage of Institutional asset managers and hedge funds. Act as the primary coverage for a set of institutional asset manager and hedge fund clients. Market a full suite of interest rate products including US treasuries, swaps, swaptions, rates exotics, and cross-currency to institutional clients. Conduct trade idea generation. Collaborate with global peers in servicing clients across time zones.

QUALIFICATIONS:

Minimum education and experience required: Bachelor's degree in Business Administration, Economics, Finance, or related field of study plus 2 years of experience in the job offered or as Institutional NA Interest Rates Sales, Research and Assessment Data Analyst, or related occupation.

Skills Required: This position requires two (2) years of experience with the following: Identifying gaps in business and analyzing sales & trading relationships; Developing tools to track progress and ensure businesses meet thresholds for trade stats, hit rates, and SOW; Modeling interest rate derivatives and exotic structures including dual digitals and contingent curve options; Pricing instruments and exotic structures using models including Black-Scholes, normal vs. lognormal vol, skew, and vol smile, and the risks associated with the Greeks including Delta, Gamma, Vega, and Theta; Anticipating market moves in rates relative to other asset classes using macroeconomic relationships along with micro-relative value associations such as cash futures basis; Recommending trade ideas to clients including rich vs. cheap analysis of specific securities and forward points on the swaps curve; Conducting data modeling and analysis in excel building spot and forward swap curves to identify market dislocations.  

Job Location: 270 Park Ave, New York, NY 10017.

Full-Time. Salary:  $175,000 - $200,000 per year.

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.