Be part of J.P. Morgan's industry-leading Public Finance platform, serving municipalities, non-profits, and fixed income investors. Engage in trading and remarketing short-term products, focusing on market data analytics, process improvement, and technology solutions.
The public finance short-term trading team is responsible for trading and remarketing short-term products including VRDBs, TOBs, Commercial Paper, short-term notes, and bonds. The team also provides funding solutions to investor clients through Tender Option Bond (TOB) and preferred financing. In this role, you will work across these products, engaging with both issuer and investor clients. You will also focus on market data analytics, process improvement, and technology solutions.
- Place new issue and CP rolls, set daily and weekly VRDB rates
- Make markets in short-term products and market leverage to investors
- Manage risk, liquidity, and exposure across short-term products, conduct pre- and post-trade analysis
- Provide short-term market updates to bankers and issuer clients
- Track market dynamics and investor demand; focus on advanced data analytics to provide actionable insights
- Work with trading and technology teams to streamline and increase automation of short-term desk processes
- Knowledge of fixed income products and analysis is required; experience in municipal bonds is helpful
- Bachelor’s degree in relevant coursework (Economics, Finance, Data Science, Engineering, Math, or related)
- Team player with a positive attitude, strong work ethic, and ability to multi-task
- Ability to process multiple sets of information quickly and effectively while working in a high-volume fast-paced trading floor environment
- Focus on data analysis with the ability to identify impactful optimization and technology solutions
- Some combination of experience with Bloomberg, Python, VBA, R, SQL, Excel, and Tableau
- Familiarity with modern front-end technologies and cloud technologies
- Ability to create a vision and actionable roadmap with a focus on ongoing innovation
- Ability to effectively maximize delivery of business goals and returns on investment
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.
