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PricingDirect Securities Valuation, Associate

JPMorgan Chase & Co.
New York City, United Statesfull_timeVerifiedPosted 26 Apr 2024

About the role

Job Description: 

You make a big difference. Be an owner of our business on Day 1. Join the team that offers innovative financial solutions for our global clients.

Through periods of volatility and uncertainty, market participants are always in need of independent, reliable, and accurate securities valuation services. With offices in New York, London, and Hong Kong, JPMorgan Chase (JPMC) PricingDirect employees serve our clients globally by providing them evaluated pricing on over 2 million fixed income securities and derivative instruments each day.

As a PricingDirect Securities Valuation Associate, you will gain access to trading, research, analytics, and technology resources of JPMC. You will be given the opportunity to combine financial concepts you learned with your technology skills in managing large volumes of data to develop accurate pricing models and processes. As an Associate, you will leverage your product and market knowledge to identify growth areas and help lead projects. If you are results oriented, intellectually curious, in pursuit of excellence, and like working in a collaborative team environment where your contributions directly impact our business, we encourage you to apply!

Job Responsibilities:

  • Daily generation of securities valuations for multiple market closes, entailing start-to-end ownership responsibilities, inclusive of market data collection and analysis, price generation, quality control, and client interaction
  • Develop mathematical and statistical models for pricing, hedging and risk measurement of securitized products
  • Design end-to-end innovative machine-learning-based tools and analytics with efficient numerical algorithms including prototyping, development, integration and testing
  • Continuously improve product and service quality through daily market surveillance, communication with market participants, perform data and financial analysis, enhancing process controls, and ensuring data quality
  • Develop and maintain regular contact with trading desks, research, and market participants
  • Address all client concerns in a timely and professional manner

Required Qualifications, Capabilities, and Skills:

  • Advanced academic degree (MSc or equivalent) in Engineering, Mathematics, Physics, Computer Science, etc
  • 1+ year full time experience working in derivative pricing and/or fixed income securities
  • Hands-on experience in machine learning techniques and financial data analysis
  • Strong qualitative and quantitative analytical skills with the ability to synthesize and integrate large amounts of market information
  • Proficiency working with Python 
  • Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales

Preferred Qualifications, Capabilities, and Skills:

  • Experience in programming language such as Python, C++, Structured Query Language, and high aptitude for learning new technologies
  • Detail 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, clients, and technologists
  • Clear, logical thinker with strong quantitative abilities

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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

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JPMorgan Chase & Co.

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