Global Pricing Direct Evaluator - Analyst or Associate

JPMorgan Chase & Co.; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

JPMorgan Chase & Co. in London seeks a Pricing Direct Evaluator – Analyst or Associate in the European Derivatives team to generate daily valuations, develop pricing models, and deliver real-time analytics for derivative and fixed income instruments.

You will collaborate with trading desks, market participants, and research teams to address client questions, enhance pricing accuracy, and explore new areas of product growth in a fast-paced, client-focused environment.

Qualifications

• Solid understanding of derivatives pricing, risk and vanilla strategies.
• Proficient with data science concepts, Python and Excel VBA, quick to learn new tech.
• Ability to analyze large market datasets and integrate findings into pricing models.
• Clear, logical thinker with strong quantitative abilities.
• Thrives under real-time market pressure and client-focused environments.
• Excellent written and oral communication skills.

Responsibilities

• Generate daily valuations of derivative securities for multiple market closes, including data collection, price generation, quality control, and client queries.
• Develop pricing models, methodologies, and infrastructure to improve accuracy and speed of valuations.
• Communicate with trading desks, market participants, and research teams to enhance market knowledge and pricing.
• Address client concerns daily, delivering high-quality service across channels.
• Explore new areas of product growth and support revenue generation through collaboration with sales.

Skills

Derivatives pricing

Python

Excel VBA

Data analysis

Quantitative skills

Communication

Tools

Python

C++

Excel VBA

Job description

Are you looking for a balanced mixture of responsibilities, including market watch, real-time pricing, model research, and software development? If yes, this role is for you! As a Pricing Direct Evaluator – Analyst or Associate in the European Derivatives team, you will join a revenue-generating team that provides independent pricing and analytics for over 3 million derivative and fixed income instruments, utilizing real-time market intelligence from buy side and sell side market participants. We offer a collaborative environment focused on your growth, skill development, and the opportunity to make a real impact.

As a Pricing Direct Evaluator – Analyst or Associate in the European Derivatives team, you will generate daily valuations derivative securities, develop and maintain pricing models, and create cutting-edge methodologies to increase accuracy and speed of valuations. You will communicate with trading desks, market participants, and research teams to enhance market knowledge and address client concerns, while autonomously exploring new areas of product growth.

Job responsibilities

• Generate daily valuations of derivative securities for multiple market closes, including market data collection, price generation, quality control, and client queries.
• Create cutting-edge methodologies, pricing models, and infrastructure to increase accuracy and speed of valuations.
• Communicate with trading desks, market participants, and research teams to enhance market knowledge and instrument pricing.
• Address client concerns daily, providing first-class service and quality via different channels
• Examine and develop new areas of product growth, autonomously exploring new ideas and support revenue generation through close collaboration with the sales team.

Required qualifications, capabilities, and skills

• Firm understanding of derivatives principles, including pricing, risk and most common vanilla strategies.
• Good knowledge of data science principles, with software development skills in Python and Excel VBA as well as high aptitude for learning new technologies.
• Ability to collect and analyze large amounts of market information and incorporate findings into pricing models.
• 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.
• Good communication skills, both oral and written.

Preferred qualifications, capabilities, and skills

• Market or quantitative experience in derivatives pricing with exposure to multiple asset classes as underlying.
• Previous experience in a Front Office role with direct exposure to clients.
• Knowledge of light exotics and experience in understanding the associated Term-Sheets.
• Basic knowledge of stochastic calculus, main models used within derivatives pricing and numerical techniques such as Monte Carlo and Finite Difference.
• Strong Python coding skills, with focus on system design.
• Experience with C++.