XVA Pricing & Capital Solutions Associate

JPMorganChase; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

J.P. Morgan is seeking an Associate in XVA Pricing & Capital Solutions within the Credit Portfolio Group. You will support derivative pricing, capital analysis, and risk monitoring while partnering across Sales, Trading, and control functions.

The role offers exposure to trade-level analytics, model enhancements, and documentation best practices. You will develop derivatives and XVA expertise, collaborate with quantitative researchers and technology teams, and contribute to margin efficiency and

Qualifications

• Working knowledge of OTC derivatives and XVA concepts.
• Familiar with ISDA/CSA collateral mechanics.
• Strong quantitative and analytical skills; advanced Excel and Python.
• Able to run structured analyses and document assumptions.
• Collaborates across Sales, Trading, Risk, and Operations.
• Experience in derivatives, XVA, counterparty risk or valuation.

Responsibilities

• Support pricing and structuring analysis for OTC derivatives with hedge funds.
• Produce and maintain trade-level margin analytics; analyze initial margin drivers and collateral mechanics under ISDA/CSA.
• Monitor risk appetite by translating limits and triggers into routine checks; run diagnostics and support remediation.
• Run stress and scenario analyses across portfolios and counterparties; summarize outputs for review.
• Support deal execution; prepare risk/valuation materials and ensure clean handoffs.
• 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; compile analysis for ISDA/CSA discussions.

Skills

OTC derivatives

XVA

ISDA/CSA knowledge

Excel

Python

Structured analyses

Collaboration

Quantitative analytics

Communication

Derivatives experience

Tools

Python

Excel

Job description

J.P. Morgan is seeking an Associate in XVA Pricing & Capital Solutions within the Credit Portfolio Group. You will support derivative pricing, capital analysis, and risk monitoring while partnering across Sales, Trading, and control functions.

The role offers exposure to trade-level analytics, model enhancements, and documentation best practices. You will develop derivatives and XVA expertise, collaborate with quantitative researchers and technology teams, and contribute to margin efficiency and