Duties: Present and structure trade ideas to clients by analyzing the macro landscape and evaluating individual assets from metrics such as fundamentals, positioning, and corresponding markets. Perform daily coverage of clients, including market color and connecting clients to trading and research partners. Analyze the volatility surface and study correlations with other products. Drive client flow and independently manage primary coverage of hedge fund clients. Execute foreign exchange (FX) and macro derivatives including spot, forward, swap, options and cross-asset complex derivatives. Book and manage post-trade logistics of foreign exchange spot, forward, and options in risk management systems including the give-up process, confirmations, collateral, credit, and regulatory obligations. Drive client prospecting to contribute to the sales desk's revenue growth and client relationship management. Onboard new clients by liaising with the transitions, legal, and compliance teams in line with regulatory requirements to enable trading with JPMC. Execute novations for clients' trades, including management of funding agreements offset against other banks across corporate entities. Coordinate and lead group roundtables and networking events to facilitate client interest for our trading, research, and economics teams.
Qualifications: Minimum education and experience required: Bachelor's degree in Economics, Finance or related field of study plus two (2) years of experience in the job offered or as FX Hedge Fund Sales, Foreign Exchange Real Money Sales, Foreign Exchange Corporates Sales or related occupation. Skills Required: This position requires one (1) year of experience with the following: synthesizing current macroeconomic trends and presenting and defending analysis to client traders, portfolio managers, and senior stakeholders, including monetary and fiscal policy implications on bond yields and foreign exchange (FX) rates; dealing and adjusting multiple trades while simultaneously interpreting market headlines and their potential impact; structuring, trading, and modeling vanilla and non-vanilla options, including single barriers, double no touches, volatility and variance swaps, forward volatility agreements, and second order derivatives, including knock-outs; constructing trade ideas, analyzing trade flows in real-time, and pitching trades to clients and internal trading partners related to FX derivatives including basic Greeks, delta, gamma, and theta; constructing trade ideas, analyzing trade flows in real-time, and pitching trades to clients and internal trading partners related to correlation swaps and dual digitals; constructing trade ideas, analyzing trade flows in real-time, and pitching trades to clients and internal trading partners related to cross-asset structures including FX versus rates, commodities, or equities; applying mathematics, derivatives calculations, statistical analysis, game theory, and pattern recognitions to day-to-day macroeconomic data during client discussions and trading; charting in Bloomberg to perform technical analysis of FX charts; FX Connect; Refinitiv FX All Trading.
Job Location: 270 Park Ave, New York, NY 10017 Full-Time.
Salary: $175,000 - $200,000 per year.