Derivative Valuation Analyst - Real-Time Pricing & Analytics

JPMorgan Chase & Co.; New York; Hybrid; USD 110,000 - 170,000; Full time

Job summary

JPMorgan Chase & Co. in New York is seeking a Securities Valuation Analyst on our PricingDirect Derivatives team to deliver accurate valuations for 2.8 million fixed income and derivative instruments using real-time market intelligence.

You will generate daily valuations of rate derivatives, collaborate with traders and researchers, and build quantitative tools in Python to support risk management and client decisions.

Qualifications

• Bachelor's degree or higher in Financial Engineering, Mathematics, Computer Science, Finance, Economics or similar.
• Firm understanding of finance, business operations, derivative products, option pricing and statistical modeling.
• Strong software development skills in Python and Excel VBA with high aptitude for learning new technologies.
• Ability to collect and analyze large amounts of market information, extract its essence, and incorporate the findings into valuation models and processes.
• Clear, logical thinker with strong quantitative abilities.
• Ability to thrive in a fast-paced environment of real-time market pressures, remaining focused on client needs.
• Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales.

Responsibilities

• Generate daily valuations of interest rate derivatives including Swaps (Vanilla, Basis, Inflation, Cross Currency), Swap Options (Vanilla, Mid-Curve) for multiple market closes, entailing start-to-end responsibilities.
• Continuously improve product and service quality through daily market surveillance, communication with market makers, perform data and financial analysis, enhancing process controls, and ensuring data quality.
• Collaborate with trading desks, market participants, and research teams to enhance market knowledge and understanding of market pricing.
• Address all client concerns daily with an emphasis on providing first-class service and quality, whether via emails, calls, or in-person meetings.
• Perform in-depth analysis on an individual security or portfolio of securities and explain findings to clients.
• Develop and maintain financial modeling tools by utilizing advanced quantitative techniques such as Python.
• Explore new areas of product growth with a focus on autonomously developing innovative ideas and solutions.

Skills

Python

Excel VBA

Financial modeling

Quantitative analysis

Education

Bachelor's degree or higher

Job description

JPMorgan Chase & Co. in New York is seeking a Securities Valuation Analyst on our PricingDirect Derivatives team to deliver accurate valuations for 2.8 million fixed income and derivative instruments using real-time market intelligence.

You will generate daily valuations of rate derivatives, collaborate with traders and researchers, and build quantitative tools in Python to support risk management and client decisions.