JPMorgan JGB Repo Trader Fixed Income Financing – Analyst/Associate 

Japan, Tokyo 

919977966

As a junior trader within the G10 Fixed Income Financing trading team, you will be working in a dynamic and busy trading floor environment. You will be a junior risk taker where you are expected to tend to the firm’s and client’s short cover/funding needs as well as trading other products including but not limited to spot FX, USDJPY basis, short-end cash JGBs, bond basis. At the same time, you will manage trade processing, life cycle management, risk and desk’s profit and loss estimation.

Job responsibilities

• Be responsible for trade capture, trade life cycle management
• Do short cover/funding for the desk facing brokers
• Market make for client flows
• Estimate profit and loss for the books and understand the risk of the desk
• Hedge the risk of trading books using various trading instruments
• Help the desk handle inquiries from other teams

Required qualifications, capabilities, and skills

• Minimum education required - Bachelor’s degree or equivalent.
• Minimum 1 year of middle/back/front office experience in fixed income trading or display of aptitude in such products. (not limited to JPY)
• Registered with the JSDA
• Business level fluency in both Japanese as well as English is required, due to interaction with internal and external stakeholders
• Ability to communicate concepts and ideas, both verbally and via documentation, and be able to defend their validity and target messages to different audiences
• Ability to interact comfortably with business clients and management
• Self-directed, highly motivated, and able to work independently
• Ability to discuss in detail your understanding of fundamental and technical aspects of product(s) traded and support area functions of respective products

Preferred qualifications, capabilities, and skills

• Highly proficient in Bloomberg, Excel
• Demonstrate intellectual curiosity in understanding the various binding constraints and the impact it has on trading behavior
• Demonstrate interest in understanding the inter-connectedness of various markets especially in money market space
• Ability to write periodic commentary on market trends
• Prior roles within fixed income division is a plus
• CFA level 3 a plus