At a Glance
- Tasks: Lead market making in SSA bonds and manage risk across a diverse portfolio.
- Company: Join J.P. Morgan, a top global financial institution with a collaborative culture.
- Benefits: Competitive salary, career development, and exposure to senior leadership.
- Other info: Dynamic team environment with excellent growth opportunities.
- Why this job: Make a real impact in global rates markets and shape client outcomes.
- Qualifications: Proven rates trading experience and strong analytical skills required.
The predicted salary is between 80000 - 100000 £ per year.
Are you an experienced rates trading professional ready to elevate your career within one of the world's most respected and influential financial institutions? J.P. Morgan's Global Rates franchise offers you a unique opportunity to take ownership of SSA market making, where your expertise and market insight will directly shape client outcomes and contribute to the growth of a leading global franchise. You will be part of a dynamic, intellectually driven team that thrives on collaboration, innovation, and delivering best-in-class solutions to a world-class institutional client base. We offer exceptional career development opportunities, exposure to senior leadership, and a culture that champions diverse perspectives and bold thinking. This is your chance to make a meaningful and lasting impact at the heart of global rates markets.
As a Vice President within the Global Rates SSA Trading team, you will focus on market making across Sovereign, Supranational, and Agency bonds, managing risk across a portfolio of products while delivering competitive pricing and liquidity to our global institutional client franchise. You will collaborate closely with EMEA and global sales, research, and syndicate teams to generate ideas, support client-driven flow, and contribute to the continued growth and development of our SSA franchise. Your role will be pivotal in reinforcing J.P. Morgan's position as a leading liquidity provider and trusted partner to SSA issuers and investors worldwide.
Job responsibilities:
- Make markets in Sovereign, Supranational, and Agency bonds, ensuring competitive pricing and liquidity across a broad range of maturities and products.
- Manage and monitor risk across the SSA trading book, maintaining disciplined risk management in varying and volatile market conditions.
- Develop and execute trading strategies that identify and capitalize on market opportunities across the SSA universe.
- Provide market colour, axes, and actionable trading ideas to EMEA and global sales teams and institutional clients.
- Collaborate closely with sales, research, syndicate, and other trading desks to support client relationships and grow the overall SSA franchise.
- Engage directly with institutional clients, including central banks, asset managers, pension funds, and sovereign wealth funds, to deliver execution and risk management solutions.
- Partner with syndicate teams to support primary market issuance and new issue distribution across the SSA space.
- Monitor macroeconomic developments, central bank policy, and market dynamics to inform trading strategy and client dialogue.
- Contribute to the mentoring and development of junior members of the trading desk.
Required qualifications, capabilities, and skills:
- Proven experience in rates trading, with a focus on SSA, Government bonds, or related fixed income products.
- In-depth knowledge of the SSA market, including key issuers, investor dynamics, market structure, and relevant macroeconomic drivers.
- Demonstrated ability to manage and monitor risk across a trading book in fast-paced and competitive market environments.
- Strong analytical and quantitative skills, with the ability to assess complex market situations and make sound trading decisions under pressure.
- Excellent communication and interpersonal skills, with the ability to engage confidently with institutional clients, sales teams, and internal stakeholders.
- Ability to thrive under competitive pressure while maintaining a consistent and client-focused approach to market making.
- Ability to work effectively and collaboratively as part of a global, fast-paced trading team across multiple time zones.
Preferred qualifications, capabilities, and skills:
- Proven experience trading SSA bonds or Government securities at a leading financial institution.
- Established relationships with key institutional investors active in the SSA space, including central banks and sovereign wealth funds.
- Experience supporting primary market issuance and working closely with syndicate teams on new issue transactions.
- Familiarity with related rates derivatives and hedging instruments relevant to SSA trading strategies.
- Bachelor's degree or equivalent in Finance, Mathematics, Economics, Engineering, or a related quantitative field.
This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.
About Us: J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. 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.
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.
Global Rates - SSA Trader - Vice President employer: Jpmorgan Chase & Co.
J.P. Morgan is an exceptional employer, offering a dynamic and intellectually stimulating work environment in the heart of Canary Wharf, London. With a strong emphasis on career development, collaboration, and diversity, employees are empowered to make impactful contributions while enjoying access to senior leadership and a global network. The company's commitment to innovation and excellence ensures that team members thrive in their roles, making it a rewarding place for experienced rates trading professionals to advance their careers.