Join the leading Macro Credit Trading Desk at JPMorgan, a key part of our broader credit trading division. We are expanding our strategic focus on credit ETF options and CDS Index options, two rapidly growing market segments, and are seeking a motivated Analyst to join our team. This is an exceptional opportunity to work alongside experienced professionals, develop deep expertise in credit options, and contribute to the continued success of our desk.
Position Overview
As an Analyst on our Macro Credit Trading Desk, you will be at the forefront of our credit options business. You will play a vital role in running P&L, managing risk, supporting client interactions, booking trades, and pricing risk. The position offers a clear path to owning a book of risk and developing into a key risk-taker on the desk.
Job Responsibilities
Run daily P&L and risk management for credit options, ensuring accuracy and timely reporting. Assist in booking and pricing trades across credit options, working closely with senior traders. Support client coverage by preparing trade ideas, responding to inquiries, and helping facilitate transactions. Manage and analyze risk exposures within the credit options book, including scenario analysis and stress testing. Collaborate with desk members to optimize trading strategies and identify new opportunities in the credit options market. Work towards owning a book of risk, with increasing responsibility for trading and risk management decisions. Contribute to the desk’s strategic initiatives in credit options, helping to grow market share and enhance our product offering.
Required Qualifications, Capabilities, and Skills
Experience or strong interest in macro credit instruments, especially credit options (credit ETF options and CDS Index options). Highly effective communication skills, with the ability to articulate complex concepts clearly and concisely. Strong organizational skills and attention to detail, with the ability to manage multiple competing deadlines. Analytical mindset with proficiency in quantitative analysis and risk management. Ability to thrive in a fast-paced, dynamic trading environment. Collaborative team player with a proactive approach to problem-solving.