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FX Options Trader - Associate

JPMorgan Chase & Co., New York, NY, United States


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

Job Summary As an Associate or Vice President on the FX Options Trading team, 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.

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