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JPMorgan Chase FX Options Trader - Vice President in New York, New York

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

Job Summary

As the FX Option Trader you will work as part of our team in New York with 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. You will be responsible for market-making in FX options and must be comfortable quoting large notional sizes.

The role focuses on market-making of FX options for a broad range of investors (money managers, banks, insurance companies, pension funds and corporates). The position demands strong communication skills and adept negotiation in order to transact in an effective way. The candidate must have a strong understanding of foreign exchange and the macroeconomic drivers of the market.

The work environment is fast-paced and challenging, so the ability to think and react quickly under pressure is essential.

Job responsibilities

  • Making markets in both vanilla and exotic Options

  • Strategic risk management of client flows and orders

  • A strong client focus and excellent relationship management

  • Working in close collaboration with the FX Options technology and Quantitative Research groups in order to help grow our electronic capabilities

  • Assist 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.

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 $200,000.00 - $285,000.00 / year

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