Fixed Income Index Operations and Pricing Controls - Associate

JPMorganChase; Mumbai; On-site; INR 2,800,000 - 3,600,000; Full time

Job summary

JPMorganChase in Mumbai seeks an experienced Associate/Lead in Fixed Income Index Operations to drive pricing controls and risk‑aware solutions. You will validate price captures, investigate movements, and prepare client‑facing market summaries.

The role requires 8+ years in fixed income operations, strong analytical and communication skills, and collaboration across global teams. MBA/ CFA preferred; Bloomberg/Refinitiv experience valued.

Qualifications

• Bachelor's degree or equivalent experience.
• 8+ years of experience in fixed income operations, valuations, pricing, index operations, or related areas.
• Strong understanding of fixed income instruments and their key characteristics.
• Experience using market data sources and pricing platforms (e.g., Bloomberg, Refinitiv) and reconciling differences across sources.
• Strong analytical skills to isolate issues, identify root causes, and drive resolution.
• Strong communication skills to explain outcomes to stakeholders and clients.

Responsibilities

• Validate daily third‑party price capture for fixed income securities from multiple market sources.
• Investigate price movements and explain drivers of changes.
• Partner with pricing vendors to resolve data issues quickly and reduce risk.
• Monitor daily production runs, identify breaks, coordinate with tech to restore processing.
• Prepare and share daily pricing and market impact summaries with context.
• Produce month‑end index rebalance and composition reporting incl. new issuances and corporate actions.
• Analyze valuation movements within client portfolios daily/monthly and highlight drivers.
• Complete daily/monthly/adhoc tasks accurately and on deadline with attention to detail.
• Handle client queries promptly and professionally with timely follow‑up.
• Participate in and present during monthly client meetings, communicating results clearly.
• Improve pricing controls, procedures, and documentation for end‑to‑end process.

Skills

Fixed income operations

Valuations

Pricing

Index operations

Data analysis

Communication

Team leadership

Education

Bachelor's degree

Tools

Bloomberg

Refinitiv

Python

SQL

Excel

Job description

Job Description

You are a strategic thinker passionate about driving solutions in Fixed Income Index Operations and Pricing Controls. You have found the right team. As an Associate (Manager) Professional / Lead within our Index Calculation Agent team (Mumbai), you will spend each day defining, refining and delivering set goals for our firm.

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.
• Handle client queries promptly and professionally, ensuring timely follow‑up and closure.
• Participate in and present during monthly client meetings, communicating results in a client‑friendly way.
• Improve pricing controls, procedures, and documentation to strengthen the end‑to‑end process.

Required Qualifications, Capabilities And Skills

• Bachelor's degree (or equivalent experience).
• 8+ years of relevant experience in fixed income operations, valuations, pricing, index operations, or a closely related area.
• Strong understanding of fixed income instruments and their key characteristics (for example pricing conventions, cash flows, and lifecycle events).
• Experience using market data sources and pricing platforms (for example Bloomberg and Refinitiv) and reconciling differences across sources.
• Strong analytical skills, you can isolate issues, identify root cause, and drive items to resolution.
• Strong communication skills, you can explain outcomes clearly to stakeholders and clients.
• Strong ownership mindset, you proactively track actions to completion and escal ...
• Ability to collaborate across global teams and time zones.
• Strong spreadsheet skills and comfort working with large datasets.
• Strong attention to detail and ability to perform under daily cutoffs and month‑end deadlines.
• Strong teamwork skills with the ability to lead through influence.

Preferred Qualifications, Capabilities And Skills

• Experience with automation or data tooling (for example Python, Visual Basic for Applications, or Structured Query Language).
• Chartered Financial Analyst designation is a plus.
• Master of Business Administration is preferred.

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.