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. As a Short Term Trading Associate you will work across these products, with direct engagement with both issuer and investor clients. The role will focus on data analytics, process improvement and technology solutions.

Public Finance Overview

J.P. Morgan has an industry-leading Public Finance platform serving the investment banking needs of municipalities, non-profits, and taxable/tax-exempt fixed income investors.

• Public Finance Issuer clients include state & local government, transportation, energy, housing, higher education, non-profit healthcare and corporate-backed sectors

• Public Finance Investor clients include asset managers, mutual funds, money market funds, insurance companies, corporations, hedge funds, high net worth individuals, and retail investors

The municipal market is $3.8 trillion in size with $400 billion in annual issuance and over 50,000 different issuers. J.P. Morgan maintains a 12-15% market share and is routinely ranked #1 in issuance and with counterparties.

Job Responsibilities:

• Trader covering institutional accounts and making markets in CP, short term notes and bonds, with focus on direct engagement with investors

• Market TOB and preferred financing products to investors, evaluate pricing and manage internal risks

• 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

• Manage risk, liquidity and exposure across short term products, conduct pre- and post-trade analysis

• Communicate directly with issuer clients and bankers to provide market updates and manage CP needs

• Place new issue and CP rolls, set daily and weekly VRDB rates

Required qualifications, capabilities, and skills:

• Experience in municipal bonds and knowledge of short-term products and markets

• Focus on data analysis and ability to identify impactful optimization and technology solutions

• Ability to work in a fast-paced environment and process new information quickly

• Strong communication skills and the ability to build relationships with clients and stakeholders

• Team player with a positive attitude and strong work ethic

JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 is an Equal Opportunity Employer, including Disability/Veterans

Base Pay/Salary

New York,NY $135,000.00 - $200,000.00 / year