JP Morgan Chase & Co.

PricingDirect Evaluator - Derivatives - Analyst

JP Morgan Chase & Co. • $100K — $120K *
New York, NY 10020In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Financial Engineering, Mathematics, Computer Science, Finance, Economics or similar field.
  • Understanding of finance principles, business operations, derivative products, option pricing, and statistical modeling.
  • Proficient in software development using Python and Excel VBA.
  • Experience in analyzing market data and integrating findings into valuation models.
  • Excellent quantitative reasoning and logical thinking capabilities.
  • Ability to work effectively under real-time market pressures focused on client needs.
  • Strong communication skills for interaction with diverse stakeholders.

Responsibilities

  • Generate daily valuations for various interest rate derivatives during multiple market closes.
  • Enhance product and service quality through market surveillance and client interactions.
  • Collaborate with trading desks and market participants to deepen market insight.
  • Address client inquiries with top-notch service via various communication channels.
  • Conduct detailed analyses on securities or portfolios and communicate findings.
  • Develop financial modeling tools using advanced quantitative techniques.
  • Identify opportunities for product growth and drive the development of innovative solutions.

Benefits

  • Dynamic work environment in a revenue-generating organization.
  • Access to real-time market intelligence from diverse market players.
  • Opportunity to collaborate with experts across trading, research, and client-facing teams.
  • Focus on continuous improvement leading to professional development.
  • Possibility to contribute to innovative product ideas and solutions.
Full Job Description
JOB DESCRIPTION

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.

JobResponsibilities:

  • 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 JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Finance & Insurance
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ
CCF
* Ladders Estimates

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