Derivatives Pricing & Valuation Analyst

JP Morgan Chase; New York; Hybrid; USD 110,000 - 160,000; Full time

Job summary

JPMorgan Chase seeks a Securities Valuation Analyst for its PricingDirect team in New York. You will produce daily valuations of derivative instruments and develop pricing models, combining financial markets knowledge with programming to enhance accuracy and efficiency.

You will engage in complex quantitative analysis, interact with trading desks and clients, and contribute to ongoing improvements in valuation processes and scalability.

Qualifications

• Bachelor’s degree or higher in Mathematics, Economics, Finance, Engineering, or similar.
• Knowledge of stochastic calculus and derivative pricing models; numerical techniques such as Monte Carlo and Finite Difference.
• Proficient in Microsoft Excel and Python; strong analytical skills.

Responsibilities

• Daily generation of derivative valuations for multiple market closes with data collection and analysis.
• Improve product and service quality through surveillance, data analysis, and process controls.
• Perform complex financial assignments including quantitative data analysis.
• Provide in-depth analysis of portfolios of securities and communicate findings to colleagues and clients.
• Develop and maintain contact with trading desks, research teams, and market participants.
• Explore new areas of product growth through self-guided research and collaboration with teams.
• Market or quantitative experience in derivatives pricing with exposure to multiple asset classes.

Skills

Python

Excel

Quantitative analysis

Stochastic calculus

Derivatives pricing

Client communication

C++

Problem solving

Team collaboration

Mathematics

Education

Bachelor’s degree in Mathematics, Economics, Finance, Engineering, or similar

Master’s degree or higher in Mathematics, Economics, Finance, Engineering, or similar

Tools

Python

C++

SQL

Excel

Job description

JPMorgan Chase seeks a Securities Valuation Analyst for its PricingDirect team in New York. You will produce daily valuations of derivative instruments and develop pricing models, combining financial markets knowledge with programming to enhance accuracy and efficiency.

You will engage in complex quantitative analysis, interact with trading desks and clients, and contribute to ongoing improvements in valuation processes and scalability.