PricingDirect - Securities Valuation - Associate

Be part of JPMorgan Chase that continuously grows! 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’s PricingDirect employees serve our clients globally by providing them evaluated pricing on over two million fixed income securities and derivative instruments every day. 

As a PricingDirect Securities Valuation Associate, you will gain access to trading, research, analytics, and technology resources of JPMorgan Chase.  You will be given the opportunity to combine your knowledge of financial concepts with your programming skills to manage large volumes of data for developing and maintaining accurate pricing models.  As an Associate, you will leverage your product and market knowledge to identify growth areas, lead projects, and deliver results for your team and your clients.  If you are results-oriented, intellectually curious, in pursuit of excellence, and enjoy working in a collaborative team environment where your contributions directly impact our business, you are encouraged to apply for this role. 

Job responsibilities 

• Daily generation of securities valuations for multiple market closes, entailing start-to-end ownership responsibilities, including: market data collection and analysis, price generation, quality control, and client interaction. 

• Proficient in cashflow modeling for securitized products, with the ability to analyze and interpret complex deal structures and underlying asset performance. 

• Examine and develop new areas of product growth through independent self-guided research, interactions with clients, JPMorgan trading desks, research professionals, and technology teams. 

• Continuously improve product and service quality through daily market surveillance, communication with market participants, data and financial analysis, review of process controls, and data quality assurance 

• 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 

• Address all client concerns in a timely and professional manner 

Required qualifications, capabilities, and skills 

• Master's degree or higher in Finance, Mathematics, Statistics, Engineering, Economics, or similar 

• Firm understanding of principles of finance, mathematical, and/or statistical modeling 

• At least three (3) years of full-time experience working with fixed income securities 

• Strong qualitative and quantitative analytical skills with the ability to process large amounts of market information 

• Proficiency in Excel with Visual Basic coding experience and/or practical experience working with Python  

• Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales 

Preferred qualifications, capabilities, and skills 

• Experience with RMBS/ABS/securitized products a strong plus 

• Experience in programming language such as Python, VBA, SQL, and high aptitude for learning new technologies 

• Detailed oriented, creative problem solver with ability to learn quickly, multi-task, and self-manage priorities under rapidly changing and flexible timelines 

• Ability to build effective working relationships and interact comfortably with a wide spectrum of counterparties, including fixed-income research teams, sales personnel, traders, portfolio managers, and technologists 

• Clear, logical thinker with strong quantitative abilities 

JPMorganChase, 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. 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.