What are the responsibilities and job description for the Credit Portfolio Group – Lending – Junior Trader – Associate position at JPMorgan Chase?
We are seeking a diligent, numerate, and self-motivated individual to join our Credit Portfolio Group in New York. If you have credit trading or sales experience and strong negotiation skills, this role offers an exciting opportunity to manage credit strategies from pricing to settlement.
Join our Credit Portfolio Group and leverage your expertise in credit trading to drive success in managing our retained credit portfolio. If you are a motivated professional with a passion for market analysis and execution, we encourage you to apply.
Job summary: As an Associate Trader in the Credit Portfolio Group, you will be responsible for executing loan sales and derivative hedging strategies. You will conduct pre- and post-trade checks, analyze risk positions, maintain credit curves, and communicate market developments. Your role is crucial in supporting the team’s credit strategies and ensuring effective execution.
Job responsibilities:
- Execute loan sales and derivative hedging strategies.
- Conduct pre- and post-trade checks.
- Analyze and reconcile risk positions.
- Maintain and reconcile credit curves (shadow loan pricing).
- Review and sign-off on risk and P&L reports.
- Communicate market developments to management and team members.
Required qualifications, capabilities, and skills:
- Minimum 1 year of experience in a trading or sales role; credit analysis experience is a plus.
- Strong verbal and written communication skills.
- Current knowledge of loan and CDS products.
- Excellent quantitative skills, educated to degree level.
- Ability to exercise sound judgment under pressure.
- Intermediate proficiency in Excel; Python knowledge is a plus.
- Ability to work in a collaborative team environment.
Preferred qualifications, capabilities, and skills:
- Credit analysis experience is a plus.
- Python knowledge is a plus.
