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JPMorganChase

PricingDirect Evaluator - Derivatives - Analyst

Reposted Yesterday
Hybrid
New York, NY, USA
Entry level
Hybrid
New York, NY, USA
Entry level
Generate daily valuations for interest rate derivatives, including swaps and swap options, across multiple market closes. Responsibilities include market data collection, financial analysis, pricing, quality control, client communication, market surveillance, and portfolio analysis. Develop and maintain quantitative valuation tools using Python and Excel VBA, collaborate with traders and research teams, address client concerns, and identify process and product improvements.
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Be part of a team where your expertise in finance and technology drives accurate valuations for millions of securities daily. Your contributions directly impact the quality and reliability of valuations used by market participants worldwide.

As the Securities Valuation Analyst on our PricingDirect Derivatives team, you will join a revenue-generating organization that provides independent pricing and analytics for 2.8 million fixed income and derivative instruments, utilizing real-time market intelligence from buy-side and sell-side market participants. This role will play a crucial role in providing accurate and insightful valuations, which are essential for our clients' investment decisions and risk management strategies.

Job Responsibilities:

  • Generate daily valuations of interest rate derivatives including Swaps (Vanilla, Basis, Inflation, Cross Currency), Swap Options (Vanilla, Mid-Curve) for multiple market closes, entailing start-to-end responsibilities. This includes market data collection and analysis, price generation, quality control, and client interaction.
  • Continuously improve product and service quality through daily market surveillance, communication with market makers, perform data and financial analysis, enhancing process controls, and ensuring data quality.
  • Collaborate with trading desks, market participants, and research teams to enhance market knowledge and understanding of market pricing.
  • Address all client concerns daily with an emphasis on providing first-class service and quality, whether via emails, calls, or in-person meetings.
  • Perform in-depth analysis on an individual security or portfolio of securities and explain findings to clients.
  • Develop and maintain financial modeling tools by utilizing advanced quantitative techniques such as Python.
  • Explore new areas of product growth with a focus on autonomously developing innovative ideas and solutions. 

Required Qualifications, Capabilities, and Skills:

  • Bachelor's degree or higher in Financial Engineering, Mathematics, Computer Science, Finance, Economics or similar.
  • Firm understanding of the principles of finance, business operations, derivative products, option pricing and statistical modeling.
  • Strong software development skills in Python and Excel VBA with high aptitude for learning new technologies.
  • Ability to collect and analyze large amounts of market information, extract its essence, and incorporate the findings into valuation models and processes.
  • Clear, logical thinker with strong quantitative abilities.
  • Ability to thrive in a fast-paced environment of real-time market pressures, remaining focused on client needs.
  • Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales.

 Preferred Qualifications, Capabilities, and Skills:

  • Detailed oriented, creative problem solver with ability to learn quickly, multi-task, and self-manage priorities.
  • Ability to build effective working relationships and interact comfortably with a wide spectrum of traders, research analysts, clients, and technologists.

About Us
JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

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.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the TeamJ.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. 
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JPMorganChase New York, New York, USA Office

270 Park Avenue, New York, NY, United States, 10017-2014

JPMorganChase New York, New York, USA Office

4 Metrotech Center, New York, NY, United States, 11201

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