Quantitative Credit Trading Desk Strategist - Executive Director

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. 

The Macro Credit Trading Desk is seeking an Executive Director-level Front Office Quantitative Strategist (Strats) to join the trading desk and help drive the development of next-generation pricing, risk, and analytics tools for our macro credit derivatives business. The scope is global, covering key products including tranches, options, futures, and CDS index markets. This role combines strong quantitative depth with a trading mindset and the interpersonal skills to bridge Trading, Sales, Technology, and Quantitative Research.

Location / Reporting

• New York, NY
• Reports directly to the Head of the Macro Credit Trading Desk

Key Responsibilities

• Develop, manage, and trade quantitative strategies within macro credit products, contributing to day-to-day risk management and P&L outcomes.
• Represent Trading in the design, prioritization, and delivery of next-generation pricing/risk tools, coordinating across Technology, Quantitative Research, Sales, and other stakeholders to drive alignment and execution in a large, matrixed organization.
• Define quantitative requirements (assumptions, calibration approach, outputs, controls) and partner with Quantitative Research and Technology to ensure robust models and effective implementation.
• Enhance desk risk transparency and decision-making (sensitivities, scenarios/stress testing, P&L driver analysis, hedging analytics) and help manage exposures.
• Partner with Sales/Trading on trade support tools and client-facing analytics (trade ideas, response tooling, transaction support).
• Mentor and manage junior strats, setting standards for execution, documentation, and research-to-production practices.

Required Qualifications

• Significant front-office strats/desk quant experience, with demonstrated involvement in risk management and trading (or direct support of risk-taking) in live markets.
• Advanced degree (Master’s/PhD preferred) in a quantitative field (Math/Stats/Physics/Engineering/CS/FE) or equivalent experience.
• Strong foundation in derivatives pricing and risk, including calibration and numerical methods; strong practical judgment for trading use-cases.
• Strong programming skills and ability to partner effectively with engineers (Python required; additional FO language a plus).
• Strong understanding of macro credit and credit derivatives, including familiarity with CDS index products; experience with tranches and/or credit options preferred.
• Excellent communication and stakeholder management across Trading, Sales, Technology, and Quantitative Research; thrives in a fast-paced environment.