JP Morgan Chase – Associate – DAG – Research & Analysis Markets

JP Morgan Chase; Mumbai; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

A leading investment bank in Mumbai is seeking a Data Analyst for their Markets Group. This role involves collaboration with global teams, pricing derivative products, market monitoring, and preparing documentation. Candidates should have a graduate degree and at least 3 years of relevant experience in finance with strong analytical skills. Knowledge of VBA is a plus. Competitive package offered.

Qualifications

• Minimum 3 years of experience in trading, sales, structuring, or research.
• Fluency in written and spoken English.
• Interest in financial markets, particularly derivatives.

Responsibilities

• Provide pricing on derivative structures.
• Analyze and generate ideas with sales desks.
• Prepare deal documentation including term sheets.
• Monitor market developments and compile reports.
• Support sales/structuring by liaising with teams.

Skills

Interest rates understanding

Foreign Exchange knowledge

Credit derivatives familiarity

Strong quantitative skills

Analytical aptitude

Good communication skills

Education

Graduate/Post-graduate degree

Tools

Excel

Programming knowledge (VBA)

Job description

Description:

We have an opportunity to impact your career and provide an adventure where you can push the limits of what’s possible.

As a Research and Analysis Markets – Data Analysis Group member within the Markets Group under Corporate and Investment Banking Research and Analysis group, you will be an integral part of a rapidly expanding team that covers a wide range of asset classes across various regions. Your role will involve close collaboration with global sales teams, preparing pitches for derivative products, pricing, creating market monitors, market updates, and conducting research.

You will gain exposure to various asset classes including Interest Rates, Credit, and Foreign Exchange, with a particular focus on the Central and Eastern Europe, Middle East, and Africa region. Your responsibilities will include transaction origination and execution, collaborating with multiple teams on idea generation, pricing, documentation, and execution. Additionally, you will be tasked with staying abreast of market trends, producing pertinent analysis, and providing support to local market sales teams.

Job Responsibilities:

• Devise and provide pricing on derivative structures using internal pricing models according to client requirements (mostly Kapital and Sapphire).
• Analyze and generate ideas by working with the Structuring/Sales desks on various flow and tailor-made structuring requests, building models in Excel, back-testing strategies, and reconciling back-tests prepared in parallel. Take initiatives to develop product ideas based on market research and analysis.
• Prepare deal documentation, including term sheets, confirmations, and internal risk policy/committee papers for different products like FX, Rates, and Credit.
• Monitor the market by compiling periodic reports on key developments in the economy, interest rate, and currency markets, and provide customized market outlooks based on internal market research reports. Follow markets and generate trade ideas based on ASW or cross-currency basis moves, for instance.
• Support basic sales/structuring by liaising with Sales colleagues and Structuring teams, assisting in client analysis and monitoring, providing help for after-trade settlements, and supplying client information to pitch more ideas.

Required Qualifications, Capabilities and Skills:

• Graduates/post-graduates with min 3 years of exposure to Interest rates, Foreign Exchange, Credit or cross-asset Derivatives and Structured Products, in trading, sales, structuring or research verticals
• Written competency and spoken language fluency in English
• Keen interest in financial markets (Derivatives and Macro markets)
• Strong quantitative and problem solving skills
• Analytical aptitude and ability to learn financial concepts
• Good knowledge of Excel, use of internet and standard Office suite
• Good communication and team skills in a multi-location set up

Preferred Qualifications, Capabilities and Skills:

• VBA and any programming language knowledge can be an advantage
• Familiarities with financial concepts and awareness of broader markets
• Ability to think from first principle
• Self-starter entrepreneurial mindset

The team is based out of L&T office of J.P. Morgan in Powai, Mumbai.

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.

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