PricingDirect Evaluator - High Yield Fixed Income - Analyst

Aumni; New York (NY); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Health care coverage

On-site health and wellness centers

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

JPMorgan Chase & Co. is seeking an Analyst/Associate in the High Yield Fixed Income team in New York. You will deliver independent pricing and analytics for fixed income instruments using real-time market data and advanced modeling.

You will engage with trading desks, research teams, and clients to ensure accurate valuations, develop pricing methodologies, and deploy ML-enabled pricing enhancements in a fast-paced environment.

Qualifications

• Solid understanding of fixed income products and data science fundamentals.
• Strong quantitative skills with programming ability in Python and Excel VBA.
• Experience collecting and analyzing large market datasets and incorporating insights into pricing models.
• Familiarity with machine learning and AI techniques.
• Bachelor's degree or higher in a relevant field.

Responsibilities

• Generate daily valuations across multiple market closes with data collection, pricing, QC, and client responses.
• Monitor markets and provide real-time pricing updates as needed.
• Develop and maintain statistical and ML models to improve pricing and QC processes.
• Build and enhance pricing methodologies, models, and supporting infrastructure.
• Collaborate with trading desks, market participants, and research teams to deepen pricing knowledge.

Skills

Fixed income pricing

Python

Excel VBA

Machine learning

Data analysis

Real-time pricing

Stakeholder management

Education

Bachelor's degree in Financial Engineering/Quantitative Finance/Statistics/Economics

Tools

SQL

Tableau

Job description

Are you ready to make an impact in the fast-moving world of fixed income? Join a team where you can deepen your market expertise, strengthen your quantitative and technology skills, and contribute to pricing solutions used by clients across global markets. You’ll have opportunities to work with market data, advanced analytics, and innovative technology while collaborating with experienced professionals and building skills that can support your long-term career growth.

As an Analyst or Associate in our High Yield Fixed Income team, you will join a revenue-generating team that delivers independent pricing and analytics for over 3 million fixed income and derivative instruments, using real-time market intelligence from buy-side and sell-side market participants. This role offers a balanced mix of market monitoring, real-time pricing, model research, and software development.

Job responsibilities

• Generate daily valuations across multiple market closes, including market data collection and analysis, price generation, quality control, and responses to client queries
• Monitor markets and produce real-time pricing updates as needed
• Develop and maintain statistical and machine learning models to improve pricing and quality control processes
• Build and enhance pricing methodologies, models, and supporting infrastructure to increase valuation accuracy and speed
• Partner with trading desks, market participants, and research teams to strengthen market knowledge and instrument-level pricing understanding
• Deliver first-class service by addressing client questions and concerns via email, calls, and in-person discussions
• Identify and develop new areas of product growth by exploring and testing new ideas independently

Required qualifications, capabilities, and skills

• Solid understanding of fixed income products and data science fundamentals
• Strong quantitative skills with clear, logical problem-solving ability; strong software development skills in Python and Excel VBA, with the ability to learn new technologies quickly
• Ability to collect and analyze large volumes of market information and incorporate insights into valuation frameworks and pricing models
• Working knowledge of machine learning, statistical, and artificial intelligence techniques
• Ability to perform in a fast-paced environment with real-time market pressures while maintaining accuracy and discipline
• Strong client focus and ability to manage day-to-day stakeholder interactions effectively
• Bachelor's degree or higher, ideally in Financial Engineering, Quantitative Finance, Statistics, or Economics

Preferred qualifications, capabilities, and skills

• Prior valuation experience in fixed income products (high yield, loans, or other credit products) and/or derivatives
• Experience working with large financial datasets in Python; familiarity with SQL and/or Tableau/data visualization tools is a plus
• Familiarity with large language models and AI tools (e.g., Copilot)

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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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 employee’s religious practices and beliefs, as well as mental health or physical disability needs. Visit FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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 about the world. Provide independent fixed income pricing and analytics using real-time markets data and advanced modeling