Macro Credit Trading Desk – Analyst

Analyst, Macro Credit Trading Desk

Join the Macro Credit Trading Desk at JPMorganChase, a central part of our broader credit trading division within markets. We seek a highly motivated Analyst to help the desk support continued growth across the macro credit ecosystem from the trading side. As volumes rise, you will help scale the desk’s day-to-day processes across CDS indices and tranches, index options, futures, and total return swaps (TRS).

Position Overview

As an Analyst on our Macro Credit Trading Desk, you will help run the business day-to-day—supporting P&L and risk, trade booking, pricing/marking, and client-driven execution. You’ll work closely with senior traders and take on increasing responsibility over time.

Job Responsibilities

• Run daily P&L and risk processes, ensuring accuracy and timely reporting.
• Assist in booking, pricing, and marking trades across macro credit products (indices/tranches, options, futures, TRS).
• Support client coverage by preparing trade color/ideas, responding to inquiries, and helping facilitate transactions.
• Monitor and analyze risk exposures, including scenario analysis and stress testing.
• Build and enhance analytics and tooling (dashboards, monitoring, automation) to improve workflow and decision-making.

Qualifications

• Strong analytical and quantitative skills; able to learn new products quickly.
• Strong attention to detail and ownership mindset; comfortable running recurring daily processes under time pressure.
• Clear communicator—able to explain work succinctly to desk and partner teams.
• Technical/programming capability (e.g., Python; other languages a plus) and comfort working with data.
• Demonstrated interest in financial markets.
• Collaborative, proactive problem-solver who thrives in a fast-paced environment.

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.