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Job Description
We are looking for a diligent, quantitative, self-motivated and outgoing individual to join the Credit Portfolio Group in New York. The candidate will have experience with Python and strong communication skills, attention to detail, and thrive in a team environment. Prior experience on a sales or trading desk is a plus, must have a desire to trade credit.
Job Responsibilities
Required qualifications, capabilities and skills
Credit Portfolio Group - Lending
The Credit Portfolio Group (CPG) Lending is a public-side global function with approximately 25 Portfolio Management and Trading professionals across New York, London and Singapore and is part of the Markets function within the CIB. CPG Lending has two primary functions including Portfolio Management & Research (PM&R) which is aligned by industry and geography, and Trading & Distribution (T&D) which uses both liquid and illiquid channels to facilitate transactions. The priority of the group is to manage the retained credit portfolio focusing on concentrated exposures (company specific, industry or geographical concentrations) while balancing the competing issues of minimizing cost, P&L volatility, and capital usage. Portfolio managers and researchers work with traders to determine appropriate strategies to manage the portfolio which are achieved primarily via the secondary loan market, the CDS market, and through structured solutions.
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.
We are looking for a diligent, quantitative, self-motivated and outgoing individual to join the Credit Portfolio Group in New York. The candidate will have experience with Python and strong communication skills, attention to detail, and thrive in a team environment. Prior experience on a sales or trading desk is a plus, must have a desire to trade credit.
Job Responsibilities
- Support and execution of loan sales and derivative hedging strategies
- Automation of trading desk daily risk & position reports
- Trade support and automation for portfolio hedging strategies
- Credit curve maintenance and reconciliation
- Communication of position activity and performance to management and other team members
Required qualifications, capabilities and skills
- 1 year minimum experience in markets, banking, research or accounting focused role
- Intellectual curiosity with a passion for markets and an interest in investing
- Advanced proficiency in Excel; Intermediate proficiency in Python
- Excellent quantitative skills, educated to degree level
- Ability to exercise sound judgement under pressure
- Ability to work in a collaborative team environment
Credit Portfolio Group - Lending
The Credit Portfolio Group (CPG) Lending is a public-side global function with approximately 25 Portfolio Management and Trading professionals across New York, London and Singapore and is part of the Markets function within the CIB. CPG Lending has two primary functions including Portfolio Management & Research (PM&R) which is aligned by industry and geography, and Trading & Distribution (T&D) which uses both liquid and illiquid channels to facilitate transactions. The priority of the group is to manage the retained credit portfolio focusing on concentrated exposures (company specific, industry or geographical concentrations) while balancing the competing issues of minimizing cost, P&L volatility, and capital usage. Portfolio managers and researchers work with traders to determine appropriate strategies to manage the portfolio which are achieved primarily via the secondary loan market, the CDS market, and through structured solutions.
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.
JPMorganChase New York, New York, USA Office
270 Park Avenue, New York, NY, United States, 10017-2014
JPMorganChase New York, New York, USA Office
4 Metrotech Center, New York, NY, United States, 11201
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