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J.P. Morgan’s Research department within the Corporate & Investment Bank (CIB) was ranked #1 by Institutional Investor’s 2020 survey. We provide market-leading insights, delivered through a broad spectrum of research products and innovative platforms. Our leading Research Analysts strive to deliver through timely, insightful, analytical research with actionable ideas.
We are looking to hire an Emerging Markets (EM) sovereign credit strategist based in New York or London. The EM Fixed Income Research group includes economists and market strategists located in 12 countries globally. The EM Sovereign Credit Strategy team is responsible for publishing research reports with views and actionable trade recommendations covering hard currency bonds and derivatives across over 70 EM countries. The trade recommendations will range from top-down market views to country views to relative value trade ideas. The role will require immediate focus on analyzing EM sovereign debt restructurings.
Research is fast-paced, demanding and intellectually stimulating. The ideal candidate should have a combination of strong technical skills as well as commercial acumen. Intellectual curiosity, a high sense of urgency, a strong work ethic and a team player mentality are necessary attributes in order to excel in this role.
The primary responsibilities include, but are not limited to:
Conducting deep-dive analyses on EM countries with a focus on distressed and special situations, analyzing debt restructuring considerations and modeling potential recovery values;
Liaising with economists and other strategists to formulate forecasts and views, including conducting an IMF/World Bank style debt sustainability analyses (DSAs);
Maintaining ownership of strategy views for niche markets as well as core countries primarily in Latin America and Emerging Europe, Middle East and Africa;
Producing regular research reports, including flagship publications as well as ad-hoc notes, with trade recommendations on fixed income and derivative products, coordinating and contributing to group-wide flagship publications;
Frequently interacting with and assisting internal sales and trading personnel, and interfacing with external institutional clients to deliver research views.
Bachelor’s degree (or equivalent) or higher, preferably in a finance/economics discipline;
Previous experience in a research discipline, with proven ability to analyze sovereign risks and sovereign debt from the ground up, and understanding of the sovereign debt architecture;
Familiarity with economic and debt datasets from official creditors such as the IMF and World Bank, and experience navigating complex databases through interfaces like Haver and Bloomberg;
Strong quantitative skills, including econometrics, and understanding of fixed income concepts; proven aptitude to gather and analyze large datasets and develop complex financial models;
Mastery of Microsoft Office suite, especially in Microsoft Excel, working knowledge of EViews, R or MATLAB is a plus.
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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
Equal Opportunity Employer/Disability/Veterans