Analyst

About the Role

As a Securities Valuation Analyst in JPMorganChase's PricingDirect team, you will provide evaluated pricing on fixed income securities and derivative instruments. You will gain access to trading, research, analytics, and technology resources. The role involves producing daily valuations of derivative instruments, developing and maintaining pricing models, and addressing client inquiries. You will combine financial markets knowledge with programming skills to enhance valuation accuracy, efficiency, and scalability.

Key Responsibilities

• Daily generation of derivative valuations for multiple market closes, including market data collection and analysis, price generation, quality control, and client interaction.
• Continuous improvement of product and service quality through daily market surveillance, communication with market participants, data and financial analysis, and review of process controls.
• Perform complex financial assignments, including quantitative and information/data analysis.
• Provide in-depth analysis of portfolios of securities, communicating in detail to colleagues and clients.
• Develop and maintain regular contact with trading desks, research teams, and other market participants.
• Examine and develop new areas of product growth through independent research, and interactions with clients, trading desks, research professionals, and technology teams.

Requirements & Tech Stack

• Basic knowledge of stochastic calculus, main models used within derivatives pricing, and numerical techniques such as Monte Carlo and Finite Difference.
• Microsoft Excel & Python proficiency.
• Experience in derivatives pricing with exposure to multiple asset classes as underlying.

Qualifications

• Bachelor's degree or higher in Mathematics, Economics, Finance, Engineering, or similar.
• Strong work ethic and intellectual curiosity.
• Strong qualitative and quantitative analytical skills with the ability to synthesize and integrate large amounts of market information.
• Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales.
• Strong client service mindset with the ability to address concerns in a timely and professional manner.
• Detail-oriented, with a highly disciplined approach to process adherence and quality control.

Preferred Qualifications

• Master's degree or higher in Mathematics, Economics, Finance, Engineering, or similar.
• Firm understanding of derivatives principles, including pricing, risk and most common vanilla strategies.
• Experience in programming languages such as Python, C++ and high aptitude for learning new technologies.
• Ability to build effective working relationships and interact comfortably with a wide spectrum of counterparties, including traders, sales personnel, research teams, portfolio managers, and technologists.