Global Rates - Automated Trading Strategies - European Government Bonds and Interest Rate Swaps - Analyst or Associate

Location: LONDON, LONDON, United Kingdom

Job Family: Algo Trading

About the Role

J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $3.9 trillion and operations worldwide. Join our Automated Trading Strategies (ATS) team in London as an Analyst or Associate in Global Rates, where you'll play a pivotal role in the dynamic European Government Bonds and Interest Rate Swaps markets. This position within our Markets division offers exposure to cutting-edge algorithmic trading in one of the most competitive and liquid fixed income sectors. As part of a collaborative team, you'll contribute to developing sophisticated strategies that drive trading efficiency and profitability for institutional clients and internal desks. In this role, you'll leverage quantitative skills to design, test, and deploy automated trading models, analyzing vast datasets to uncover market inefficiencies. You'll work closely with senior traders and engineers to integrate machine learning and advanced analytics into our trading platforms, ensuring robust performance amid economic volatility. Responsibilities include real-time monitoring of strategies, risk assessment, and continuous optimization to align with J.P. Morgan's commitment to innovation and client-centric solutions in the financial services industry. We seek motivated professionals passionate about quantitative finance and technology. At J.P. Morgan, you'll benefit from world-class resources, mentorship from industry leaders, and opportunities for career growth in a supportive environment that values diversity and inclusion. This is an exciting chance to advance your expertise in algo trading while contributing to the firm's leadership in global markets.

Key Responsibilities

• Develop and implement automated trading strategies for European government bonds and interest rate swaps
• Analyze market data to identify trading opportunities and optimize algorithmic models
• Collaborate with traders, quants, and developers to enhance trading infrastructure
• Monitor and refine trading algorithms to ensure performance in volatile market conditions
• Conduct backtesting and simulation of strategies using historical and real-time data
• Manage risk parameters and ensure compliance with internal and regulatory standards
• Contribute to the research and development of new quantitative models for rates products
• Support live trading operations, including troubleshooting and performance reporting
• Stay updated on market trends, economic indicators, and technological advancements in algo trading
• Document strategies and processes for knowledge sharing within the ATS team

Required Qualifications

• Bachelor's degree in Finance, Mathematics, Computer Science, Engineering, or a related quantitative field
• 2-5 years of relevant experience in quantitative finance, algorithmic trading, or market making in fixed income markets
• Strong understanding of European government bonds and interest rate swaps markets
• Proficiency in programming languages such as Python, C++, or Java for developing trading strategies
• Knowledge of financial markets, including pricing models for bonds and derivatives
• Ability to work in a fast-paced, high-pressure trading environment
• Eligibility to work in the UK, with relevant visa status if applicable

Preferred Qualifications

• Advanced degree (Master's or PhD) in a quantitative discipline
• Experience with automated trading systems or electronic trading platforms in fixed income
• Familiarity with regulatory requirements in European markets, such as MiFID II
• Prior internship or role at a major investment bank in rates trading
• Certifications like CFA Level 1 or FRM

Required Skills

• Quantitative analysis and mathematical modeling
• Programming in Python, C++, or similar languages
• Knowledge of fixed income instruments and derivatives pricing
• Algorithmic trading strategy development
• Data analysis and statistical methods
• Risk management and hedging techniques
• Market microstructure understanding
• Problem-solving and analytical thinking
• Attention to detail and accuracy
• Team collaboration and communication
• Adaptability to fast-paced environments
• Proficiency in financial software and tools like Bloomberg or Reuters
• Time management and prioritization
• Regulatory compliance awareness
• Innovation and creative problem-solving

Benefits

• Competitive base salary and performance-based bonus structure
• Comprehensive health, dental, and vision insurance coverage
• Retirement savings plan with generous company matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development opportunities, including tuition reimbursement and training programs
• Employee stock purchase plan and access to financial wellness resources
• On-site fitness facilities and wellness programs at JP Morgan Chase offices
• Global mobility support for career advancement within the firm

JP Morgan Chase is an equal opportunity employer.