Fixed Income Index Operations and Pricing Controls Analyst

JP Morgan Chase; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

JP Morgan Chase in Mumbai seeks a Fixed Income Index Operations and Pricing Controls Analyst to define and deliver daily goals that support accurate pricing and valuation control outcomes. You will investigate pricing movements and communicate drivers to stakeholders and clients.

You will strengthen controls through disciplined documentation and timely issue resolution, collaborating with global teams, pricing vendors, and technology partners to ensure reliable end-to-end processes.

Qualifications

• Bachelor’s degree (or equivalent) required.
• 6+ years in fixed income operations, valuations, pricing, or index operations.
• Strong understanding of fixed income instruments, pricing conventions, cash flows, and lifecycle events.
• Experience with Bloomberg and Refinitiv data sources; reconcile differences.
• Analytical skills to isolate issues, identify root cause, and drive resolution.
• Clear communication of outcomes to stakeholders and clients.
• Own actions end-to-end and escalate when needed.
• Collaborate across global teams and time zones.
• Develop data analyses and maintain attention to detail.
• Lead through influence within a team environment.

Responsibilities

• Validate daily third-party price capture for fixed income securities using multiple market sources.
• Investigate price and valuation movements and explain drivers.
• Partner with pricing vendors to resolve data issues quickly and reduce operational risk.
• Monitor daily production runs, identify breaks, and coordinate with technology partners to restore processing.
• Prepare and share daily pricing and market impact summaries with clear context.
• Produce month-end index rebalance and composition reporting, incorporating new issuance and corporate actions.
• Analyze valuation movements within client portfolios daily and monthly and highlight key drivers.
• Complete daily, monthly, and ad-hoc tasks accurately and on deadline.
• Resolve client queries promptly and professionally, ensuring timely follow-up and closure.
• Present during monthly client meetings, communicating results in a client-friendly way.
• Enhance pricing controls, procedures, and documentation to strengthen the end-to-end process.

Skills

Analytical skills

Stakeholder communication

End-to-end ownership

Global collaboration

Data analysis

Attention to detail

Process improvement

Team collaboration

Education

Bachelor’s degree or equivalent

Master of Business Administration

Chartered Financial Analyst designation

Tools

Bloomberg

Refinitiv

Excel

VBA

SQL

Python

Job description

Unlock your potential by strengthening index pricing integrity, expanding market data expertise, and partnering across global stakeholders.

As an Fixed Income Index Operations and Pricing Controls Analyst within the Index Calculation Agent team, you will define, refine, and deliver daily goals that support accurate pricing and valuation control outcomes. You will investigate pricing and valuation movements and communicate clear drivers and impacts to stakeholders and clients. You will improve process resilience through disciplined controls, documentation, and timely issue resolution.

Job Responsibilities:

• Validate daily third-party price capture for fixed income securities using multiple market sources.
• Investigate price and valuation movements and explain what is driving changes.
• Partner with pricing vendors to resolve data issues quickly and reduce operational risk.
• Monitor daily production runs, identify breaks, and coordinate with technology partners to restore processing.
• Prepare and share daily pricing and market impact summaries with clear context.
• Produce month-end index rebalance and composition reporting, incorporating new issuance and corporate actions.
• Analyze valuation movements within client portfolios on a daily and monthly basis and highlight key drivers.
• Complete daily, monthly, and ad-hoc tasks accurately and on deadline, with strong attention to detail.
• Resolve client queries promptly and professionally, ensuring timely follow-up and closure.
• Present during monthly client meetings, communicating results in a client-friendly way.
• Enhance pricing controls, procedures, and documentation to strengthen the end-to-end process.

Required qualifications, skills, and capabilities:

• Earn a bachelor’s degree (or equivalent experience).
• Bring 6+ years of relevant experience in fixed income operations, valuations, pricing, index operations, or a closely related area.
• Demonstrate strong understanding of fixed income instruments and their key characteristics (for example pricing conventions, cash flows, and lifecycle events).
• Use market data sources and pricing platforms (for example Bloomberg and Refinitiv) and reconcile differences across sources.
• Apply strong analytical skills to isolate issues, identify root cause, and drive items to resolution.
• Communicate outcomes clearly to stakeholders and clients.
• Own actions end-to-end by proactively tracking items to completion and escalating when needed.
• Collaborate across global teams and time zones.
• Build spreadsheets and analyses while working with large datasets.
• Maintain strong attention to detail and perform under daily cutoffs and month-end deadlines.
• Lead through influence while contributing to a strong team environment.

Preferred qualifications, skills, and capabilities:

• Leverage automation or data tooling (for example Python, Visual Basic for Applications, or Structured Query Language).
• Attain a Chartered Financial Analyst designation.
• Complete a Master of Business Administration.
• Developing experience using AI-powered analytics, workflow automation, or intelligent process tools to drive efficiency gains, reduce manual effort, or improve accuracy in operational processes.