J.P. Morgan

FX Options Trader - Vice President


PayCompetitive
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 210532298

      The FX Options team is responsible for market-making in FX options and must be comfortable quoting large notional sizes.

      Job Summary

      As an FX Options Trader within our team in New York, you will have a primary focus on a particular currency bloc. We expect you to be responsible, independent and able to work in smooth coordination with the larger team. Your role will involve market-making in FX options and you should be comfortable quoting large notional sizes. You will be dealing with a broad range of investors including money managers, banks, insurance companies, pension funds and corporates. This role requires strong communication skills and adept negotiation to transact effectively. You should have a strong understanding of foreign exchange and the macroeconomic promoters of the market. The work environment is fast-paced and challenging, requiring the ability to think and react quickly under pressure.

      Job responsibilities

      • Making markets in both vanilla and exotic Options
      • Strategically manage risk of client flows and orders
      • Actively focus on clients and manage relationships
      • Working in close collaboration with the FX Options technology and Quantitative Research groups in order to help grow our electronic capabilities
      • Provide support with mentoring and development of junior staff

      Required qualifications, capabilities, and skills

      • Demonstrable trading experience
      • The ability to assess and understand risk around trading positions and market events
      • Someone who thrives on the challenge of competitive pressures and is able to remain focused on client needs
      • Maturity and the ability to succeed in a dynamic, fast-paced and open environment
      • Attention to detail, adaptable and hungry to learn
      • Ability to work effectively as part of a team

      Preferred qualifications, capabilities, and skills

      • Demonstrable years’ experience trading at a large bank;
      • Demonstrable experience interacting with major institutional FX clients;
      • Experience with electronic market making preferred;
      • Bachelor degree, quantitative subjects preferred.
  • About the company

      J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients'​ interests first.

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