Fixed Income Index Operations and Pricing Controls - Associate

Aumni; Mumbai; On-site; INR 4,500,000 - 7,500,000; Full time

Job summary

JPMorganChase in Mumbai seeks an Associate (Manager) Professional / Lead for the Index Calculation Agent team. You will define and deliver goals, partner with vendors, and drive pricing controls across global markets.

The role emphasizes a strong foundation in fixed income, data sources, and client communication, with opportunities to lead and influence global teams while meeting tight deadlines.

Qualifications

• Bachelor’s degree (or equivalent experience).
• 8+ years of experience in fixed income operations, valuations, pricing, index operations, or a related area.
• Strong understanding of fixed income instruments and lifecycle events.
• Experience using market data sources (Bloomberg/Refinitiv) and reconciling differences across sources.
• Strong analytical skills to identify root cause and drive resolution.
• Strong communication skills to explain outcomes to stakeholders.
• Ownership mindset and ability to track actions to completion.
• Ability to collaborate across global teams and time zones.
• Strong spreadsheet skills with large datasets.
• Attention to detail and ability to meet daily cutoffs and month-end deadlines.
• Strong teamwork skills with leadership through influence.

Responsibilities

• Validate daily third‑party price capture for fixed income securities using multiple market sources.
• Investigate price movements and explain drivers.
• Partner with pricing vendors to resolve data issues and reduce risk.
• Monitor daily production runs and coordinate with tech partners to restore processing.
• Prepare and share daily pricing and market impact summaries with context.
• Produce month‑end index rebalance and composition reporting including new issuance and corporate actions.
• Analyze valuation movements in client portfolios daily and monthly; highlight drivers.
• Complete daily, monthly, and ad‑hoc tasks accurately with deadlines.
• Handle client queries promptly and ensure timely follow‑ups and closure.
• Participate in monthly client meetings, presenting results in a client‑friendly way.
• Improve pricing controls, procedures, and documentation.

Skills

Fixed income operations

Analytical thinking

Communication skills

Ownership mindset

Cross‑functional collaboration

Attention to detail

Leadership / influence

Spreadsheet proficiency

Problem solving

Time management

Education

Bachelor’s degree or equivalent

Tools

Bloomberg

Refinitiv

Python

SQL

VBA

Job description

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 elevate when needed.
• 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.

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.

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. Build your career in leading Associate while working in the world’s most innovative bank which values creativity and excellence