Through periods of market stability, volatility, or uncertainty, market participants are always in need of independent, reliable, and accurate security valuations. With offices in New York, London, and Hong Kong, J.P. Morgan's PricingDirect (PD) evaluators serve clients globally by providing them with evaluated pricing on over three million fixed income securities and derivative instruments daily.
As a Vice President on the PricinDirect SPG evaluator team, you will combine deep product expertise along with strong quantitative and programming skills to own end-to-end valuation outcomes across products and regions. You will oversee daily deliverables and controls, set quality standards, lead model and process enhancements, and serve as a senior escalation point for clients, trading desks, research, and technology partners.
Job Responsibilities
- Daily generation and oversight of security valuations for multiple market closes, including market data collection and analysis, price generation, quality control, and client interaction.
- Lead and enhance valuation methodologies and process controls through market surveillance and communication with market participants and internal stakeholders.
- Build and maintain cashflow models for Securitized Products, with the ability to analyze and interpret complex deal structures and underlying asset performance.
- Provide in-depth analysis of portfolios of securities and communicate valuation drivers and rationale in detail to colleagues and clients.
- Develop and maintain regular contact with trading desks, research teams, and other market participants to support valuations and product coverage.
- Examine and develop new areas of product growth through independent research and engagement with clients, trading, research, and technology teams, and serve as a senior point of contact for client concerns and team deliverables, ensuring timely and professional resolution of issues.
Required Qualifications, Capabilities, and Skills
- Bachelor's degree or higher in Finance, Mathematics, Statistics, Engineering, Economics, or a similar discipline.
- 5+ years of full-time experience working with fixed income securities.
- Firm understanding of principles of finance and mathematical and/or statistical modeling.
- Strong qualitative and quantitative analytical skills with the ability to synthesize and integrate large amounts of market information.
- Proficiency in Excel and practical experience working with Python.
- Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales.
- Proven ability to lead initiatives, manage priorities across deadlines, and own outcomes in a fast-paced environment.
Preferred Qualifications, Capabilities, and Skills
- In-depth experience with RMBS/ABS/Securitized Products, including cashflow modeling and collateral/performance analytics.
- Master's Degree in Finance, Mathematics, Statistics, Engineering, Economics, or a similar discipline.
- Experience with Python, VBA, and/or SQL; high aptitude for learning new technologies.
- Strong judgment, a control-oriented mindset, and confident in making and defending valuation decisions under inquiry.
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 Finance, Mathematics, Statistics, Engineering, Economics, or a similar discipline
- 5+ years of full-time experience working with fixed income securities
- Understanding of finance principles and mathematical and/or statistical modeling
- Strong qualitative and quantitative analytical skills
- Ability to synthesize and integrate large amounts of market information
- Proficiency in Excel
- Practical experience working with Python
- Excellent communication skills with clients, portfolio managers, traders, research, and sales
- Ability to lead initiatives, manage priorities across deadlines, and own outcomes in a fast-paced environment
- In-depth RMBS, ABS, or securitized products experience, including cashflow modeling and collateral/performance analytics
- Master's degree in Finance, Mathematics, Statistics, Engineering, Economics, or a similar discipline
- Experience with Python, VBA, and/or SQL
- High aptitude for learning new technologies
- Strong judgment and a control-oriented mindset
- Confidence making and defending valuation decisions under inquiry
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 — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
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Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
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Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.
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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