JPMorgan Chase & Co.

Base Pay/Salary New York,NY $135,000.00-$200,000.00

Job Description

The Global Credit Team is responsible for helping to grow the Liquid Credit Financing Platform. The team coordinates trading, sales, and structuring teams and help identify new opportunities.

Position Summary:

Global Credit Trading Associate is focused on the growth of the Liquid Credit Financing business .LCF). The team identifies new opportunities, reviews pricing and potential transactions.

Interested Internal Applicants, please reach out to recruiting directly. Please do not reach out to the hiring manager on this requisition.

Job Summary:

As an Associate Liquid Credit Trader within the Global Credit Financing team, you would be responsible for helping to grow the Liquid Credit Financing platform, specifically as it relates to Bond TRS. This would include coordinating with various trading, sales and structuring teams to identify new opportunities, reviewing and pricing potential transactions and efficiently capturing the daily flow trading and risk. In addition, you would back up other financing traders within the team and support the completion of various projects required.

Job Responsibilities:

• Execute trade financing transactions on liquid corporate bonds and broadly syndicated loans across various financing structures including TRS and ABLs for hedge funds, asset managers, credit funds, and private equity funds.
• Assist the team to scope and build out the Bond TRS platform within credit trading with a focus on improving technology and efficiency to accommodate the daily flow.
• Develop an understanding of and analyze the risk and liquidity of single name and portfolio trading opportunities to determine both the leverage provided and swap pricing.
• Collaborate with partnering cash trading desks, sales, and structuring to identify potential opportunities and drive growth of the LCF platform.
• Coordinate with both structuring and portfolio trading to lay the foundation for a synthetic customized bond basket offering for clients.
• Develop an understanding of the legal, accounting, tax, and other risks associated with the various financing products.
• Work with internal partners [i.e., risk, MO, tech, VCG, BM] to push various initiatives in an attempt to both grow the product and improve the client offering.

Required qualifications, capabilities and skills:

• Experience working in the front office of a top tier Investment Bank and/or Capital Markets firm
• Strong understanding of credit markets and products and the operations of a trading desk
• Experience with credit products including leveraged loans, corporate bonds, CLO tranches, and the overall structuring of financing transactions
• Strong partnership skills to work across internal channels
• Strong background in the utilization of technology to improve controls and efficiency
• Excellent written and verbal communication skill and ability to market an idea or structure
• Experience reading and reviewing legal documents
• Detail-oriented with strong analytical and communication skills
• Self-directed, highly motivated, willingness to be flexible and ability to work both independently and in a team environment

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.