PricingDirect - Credit Derivatives Valuation - Analyst

JOB DESCRIPTION

Are you ready to make an impact in the world of credit derivatives? At JPMorgan, you’ll leverage world-class resources and your expertise to deliver robust valuations, drive product innovation, and collaborate with top professionals across trading, research, and technology. If you thrive in a results-driven, collaborative environment, this is your opportunity to shape the future of financial markets.

As a PricingDirect Credit Derivatives Valuation Analyst, you will play a critical role in generating daily valuations for a broad spectrum of credit derivatives, including single-name CDS, CDS indices, Index Tranches, Index Options, and bespoke credit-linked notes. You will collaborate with trading desks, research, and technology teams, using your market intelligence and analytical skills to identify growth opportunities, lead projects, and deliver results for both your team and clients.

Job responsibilities

• Generate daily valuations for credit derivatives (e.g., CDS, CDS indices, Index Tranches, Index Option, CLNs), including market data collection, price generation, quality control, and client interaction.
• Identify and develop new product growth areas through independent research and collaboration with clients, trading desks, research professionals, and technology teams.
• Continuously improve product and service quality through market surveillance, data analysis, process review, and data quality assurance.
• Address client concerns and inquiries daily, with emphasis on providing first-class service and quality.
• Perform in-depth analysis on individual trades or portfolios and clearly explain nuanced findings to colleagues and clients.
• Develop and maintain regular contact with trading desks, research teams, and other market participants.

Required qualifications, capabilities, and skills

• Master’s degree (or higher) in Financial Engineering, Mathematical Finance, Finance, Mathematics, Statistics, Engineering, or Economics.
• Strong understanding of derivatives, finance principles (specifically credit and fixed income), mathematical, and statistical modeling.
• Clear, logical thinker with strong quantitative and qualitative analytical skills; ability to process large volumes of market data.
• Significant programming experience with Python.
• Proficiency in Excel, including Visual Basic coding.
• Effective communication skills for interaction with clients, portfolio managers, traders, research, and sales teams.
• Detail-oriented approach with highly disciplined process and quality control methods.

Preferred qualifications, capabilities, and skills

• Experience with credit derivatives, CDS, or other structured credit products is a strong plus.
• Experience in programming language such as Python, VBA, SQL, and high aptitude for learning new technologies.
• Ability to learn quickly, multitask, and self-manage priorities in a dynamic environment.
• Ability to build effective relationships and interact comfortably with a wide range of stakeholders, including research teams, sales, traders, portfolio managers, and technologists.

ABOUT US
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. 

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

ABOUT THE TEAM
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.