Pricing Direct Evaluator - Analyst or Associate

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 40,000 - 70,000; Full time

Job summary

A global leader in financial services is seeking a Pricing Direct Evaluator - Associate/Analyst to join their derivatives valuation team. The role involves generating daily valuations for various derivatives, collaborating with trading desks, and providing first-class service to clients. Candidates must have strong programming skills in Python and Excel, along with a good understanding of finance principles. This is an exciting opportunity to work in an innovation-focused team.

Qualifications

• Firm understanding of finance principles and business operations.
• Experience with derivative products and option pricing.
• Strong statistical modeling skills.

Responsibilities

• Generate daily valuations of interest rate, FX, equity, and credit derivatives.
• Improve product quality through market surveillance and financial analysis.
• Collaborate with trading desks and research teams.
• Address client concerns with emphasis on quality service.
• Perform in-depth analysis on securities or portfolios.

Skills

Strong programming skills in Python

Excel VBA

Ability to analyze market data

Clear, logical thinking

Excellent communication skills

Job description

As a Pricing Direct Evaluator - Associate/Analyst, within the Pricing Direct Derivatives Valuation team, you will join a revenue-generating team that provides independent pricing and analytics for 2.8 million fixed income and derivative instruments, utilizing real-time market intelligence from buy-side and sell-side market participants. You will play a crucial role in providing accurate and insightful valuations, which are essential for our clients' investment decisions and risk management strategies.

• Generate daily valuations of interest rate, FX, equity, and credit derivatives. This includes market data collection and analysis, price generation, quality control, and client interaction.
• Improve product and service quality through daily market surveillance, communication with market makers, data and financial analysis, process improvements, and ensuring data quality.
• Collaborate with trading desks, market participants, and research teams to enhance market knowledge and understanding of market pricing.
• Address all client concerns daily with an emphasis on providing first-class service and quality, whether via emails, calls, or in-person meetings.
• Perform in-depth analysis on individual securities or portfolios and explain findings to clients.
• Develop and maintain financial modeling tools using advanced quantitative techniques.
• Explore new areas of product growth with a focus on autonomous development of innovative ideas and solutions.
• Use programmatic solutions to improve processes, increase accuracy, detect anomalies, or shorten client query turnaround time.

This is an exciting opportunity for highly motivated individuals to work in an innovation-focused team and contribute to our Corporate & Investment Bank business. Candidates should have a firm understanding of finance principles, business operations, derivative products, option pricing, and statistical modeling.

• Strong programming skills in Python and Excel VBA with a high aptitude for learning new technologies.
• Ability to analyze large amounts of market data, extract insights, and incorporate findings into valuation models and processes.
• Clear, logical thinking with strong quantitative skills.
• Ability to thrive in a fast-paced environment with real-time market pressures, remaining client-focused.
• Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales teams.

Preferred qualifications, capabilities, and skills include:

• Detail-oriented, creative problem solver with quick learning ability, multi-tasking skills, and self-management.
• Ability to build effective relationships and interact comfortably with traders, sales, QR, technology, and clients.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to clients worldwide. Our approach to serving clients drives everything we do. We aim to build trusted, long-term partnerships to help clients achieve their objectives. Our Commercial & Investment Bank operates across more than 100 countries, offering strategic advice, capital raising, risk management, and liquidity solutions globally.