Global Credit Trading - Emerging Markets Credit Trader - Associate or Vice President

J.P. Morgan

J.P. Morgan

London, UK

Posted on May 5, 2026

Are you ready to make your mark in one of the world's most dynamic and fast-paced trading environments? Join J.P. Morgan's London Emerging Markets Credit Trading Desk, a leading franchise in credit derivatives, sovereign, and corporate bonds, where your expertise will directly influence global markets. Here, you will collaborate with talented traders, sales professionals, and research analysts who are passionate about generating ideas and delivering exceptional client outcomes. We offer unparalleled career growth opportunities within a firm that values innovation, collaboration, and diverse perspectives. This is your chance to grow alongside industry leaders and build a career that truly matters.

As an Emerging Markets Credit Trader in the Global Credit Trading team, you will play a central role in market making across credit derivatives, sovereign, and corporate bonds, contributing to one of J.P. Morgan's most prominent and high-impact trading franchises. You will manage risk across a broad portfolio of products while working closely with sales and research colleagues to deliver liquidity and insight to our global client base, which includes banks, insurance companies, mutual funds, and hedge funds. Your work will be integral to sustaining and growing our position as a leading market maker in the Emerging Markets credit space.

Job responsibilities

  • Make markets in Sovereign, Quasi-Sovereign, and Corporate bonds and credit default swaps (CDS) across Emerging Markets.
  • Monitor and actively manage existing trade inventory across both cash and CDS positions on an ongoing basis.
  • Execute book running and risk management solutions to optimize portfolio performance.
  • Engage with sales teams and clients to provide axes, market colour, and actionable trading ideas.
  • Collaborate with traders, sales professionals, and research analysts to generate ideas and support secondary market activity.
  • Contribute to the growth and development of the EM Credit franchise by identifying new opportunities and strengthening client relationships.

Required qualifications, capabilities, and skills

  • Proven experience in credit trading within a financial institution.
  • In-depth knowledge of the Emerging Markets credit landscape, including sovereign, quasi-sovereign, and corporate instruments.
  • Strong analytical skills with the ability to assess and manage risk across complex trading positions and market events.
  • Excellent communication skills with the ability to engage effectively with clients, sales teams, and internal stakeholders.
  • Bachelor's degree or equivalent qualification in an analytical discipline such as Mathematics, Economics, Finance, or a related field.
  • Ability to thrive under competitive pressure while maintaining a strong focus on client needs.
  • Ability to work effectively and collaboratively as part of a fast-paced, open trading environment.

Preferred qualifications, capabilities, and skills

  • Experience trading Emerging Markets credit derivatives, including CDS indices, exotics, and illiquid credits.
  • Familiarity with distressed bonds and trade claims within the Emerging Markets context.
  • Established relationships with institutional investors active in Emerging Markets.
  • Experience mentoring or supporting the development of junior team members.

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.


J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
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. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

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.
As an Emerging Markets Credit Trader in the Global Credit Trading team, you will play a central role in market making across credit derivatives, sovereign, and corporate bonds, contributing to one of J.P. Morgan's most prominent and high-impact trading franchises.