Credit Portfolio Group – XVA Pricing & Capital Solutions EMEA - Analyst or Associate

JPMorgan Chase & Co.; Greater London; Presencial; GBP 90.000 - 150.000; Jornada completa

Descripción de la vacante

JPMorgan Chase & Co. is seeking an Analyst or Associate in XVA Pricing & Capital Solutions within the Credit Portfolio Group in Greater London.

You will support derivative pricing, capital analyses, and cross-functional collaboration with Sales, Trading, and control functions to deliver well-documented analytics. You will build expertise in derivatives and XVA, contribute to stress/scenario work, and help drive outcomes for the firm and clients while improving templates and automation across

Formación

• Experience with OTC derivatives, XVA, counterparty credit exposure, funding and margin concepts.
• Familiarity with ISDA/CSA collateral mechanics; willingness to learn margin optimization.
• Strong quantitative and analytical skills; advanced Excel and Python for analytics/automation.
• Ability to run structured analyses, document assumptions clearly, and communicate results succinctly.
• Proven collaboration across Sales, Trading, Risk and Operations in fast-paced environments.
• Experience in derivatives, XVA, counterparty credit or market risk, product control or valuation is preferred.

Responsabilidades

• Support pricing and structuring analysis for OTC derivatives with hedge funds, focusing on risk and capital usage.
• Produce and maintain trade-level margin analytics; analyze initial margin drivers and collateral mechanics under ISDA/CSA.
• Monitor risk appetite by translating limits into routine checks, run diagnostics, escalate issues, and support remediation.
• Run stress and scenario analyses across portfolios and counterparties, summarize outputs for review.
• Support deal execution processes and prepare materials for risk and valuation discussions; ensure clean handoffs to risk reporting teams.
• Collaborate with Quant Research and technology to test/model enhancements for exposure and margin analytics.
• Assist with documentation and collateral workflows for ISDA/CSA discussions on margin and capital efficiency.

Conocimientos

OTC derivatives

XVA understanding

Excel

Python

Structured analytics

Cross-functional collaboration

Descripción del empleo

As an Analyst or Associate in XVA Pricing & Capital Solutions within the Credit Portfolio Group, you will support derivative pricing and capital analysis, strengthening partnerships across Sales, Trading, and control functions. You will contribute to trade-level analytics, risk monitoring, and stress/scenario work, delivering consistent, well-documented solutions. In this role, you will build your derivatives and XVA expertise, work closely with cross-functional teams, and help drive meaningful outcomes for the firm and our clients.

Job responsibilities

• Support pricing and structuring analysis for OTC derivatives with hedge funds, focusing on efficient risk and capital usage.
• Produce and maintain trade-level margin analytics, analyze initial margin drivers, and assist with collateral mechanics under ISDA/CSA agreements.
• Monitor risk appetite by translating limits and triggers into routine checks, running diagnostics, escalating issues, and supporting remediation activities.
• Run stress and scenario analyses across portfolios and counterparties, summarizing outputs for review.
• Support deal execution processes, prepare materials for risk and valuation discussions, and ensure clean handoffs to risk management and reporting teams.
• Partner with Quantitative Research and technology to test and implement model and tooling enhancements for exposure and margin analytics.
• Assist with documentation and collateral workflows, compiling analysis to support ISDA/CSA discussions for margin and capital efficiency.

Required qualifications, capabilities, and skills

• Working knowledge of OTC derivatives and an interest in XVA, counterparty credit exposure, funding, and margin concepts.
• Familiarity with ISDA/CSA collateral mechanics and a willingness to learn margin optimization approaches for hedge fund counterparties.
• Strong quantitative and analytical skills, including advanced Excel and Python proficiency (or ability to build it quickly) for analytics and automation.
• Ability to run structured analyses, document assumptions clearly, and communicate results succinctly.
• Strong collaboration and communication skills; comfortable working across Sales, Trading, Risk, and Operations in a fast-paced environment.
• Relevant experience in derivatives, XVA, counterparty credit or market risk, product control or valuation, quantitative analytics, or a related role.

Preferred qualifications, capabilities, and skills

• Prior EMEA coverage and front-office partnership experience.
• Ability to articulate technical concepts to non-specialists and drive collaborative solutions.
• Ownership mentality and adaptability in fast-paced environments.
• Demonstrated curiosity, ownership of deliverables, and comfort improving processes such as templates, checks, and automation.

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.