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
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
Skills Required
- Bachelor's degree or higher in Financial Engineering, Mathematics, Computer Science, Finance, Economics, or a related field
- Understanding of finance, business operations, derivative products, option pricing, and statistical modeling
- Strong software development skills in Python and Excel VBA
- Ability to collect and analyze large amounts of market information and incorporate findings into valuation models and processes
- Strong quantitative and logical thinking abilities
- Ability to work effectively in a fast-paced, real-time market environment while focusing on client needs
- Excellent communication skills with clients, portfolio managers, traders, research teams, and sales
- Detail-oriented, creative problem solver who can learn quickly, multitask, and self-manage priorities
- Ability to build effective working relationships with traders, research analysts, clients, and technologists
JPMorganChase Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.
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Healthcare Strength — Medical, dental, vision, and mental-health coverage are broad, with wellness incentives, on-site or virtual care, and an EAP offering coaching and counseling. Plan materials emphasize accessible options, including multiple medical choices and tools to manage costs.
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Parental & Family Support — Paid parental leave extends up to 16 weeks for all parents, supplemented by paid Critical Caregiver Leave. Family resources include backup childcare via Bright Horizons, lactation support and milk-shipping, family-building assistance, and even a free five-month SNOO rental for newborns.
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Retirement Support — Retirement programs include a 401(k) with an annual company match and automatic pay credits for most employees, with a legacy pension available to earlier hires. An Employee Stock Purchase Plan at a 5% discount further supports long-term savings.
JPMorganChase Insights
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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