PricingDirect Evaluator - Municipal Bond - Analyst

J.P. Morgan; New York (NY); On-site; USD 120,000 - 160,000; Full time

Job summary

JPMorganChase in New York seeks a Securities Valuation Analyst for the Municipal Bond team to develop pricing models and value securities with strong quantitative skills. You will work across trading, research and technology to deliver accurate valuations and insights, supporting clients globally.

The role emphasizes data-driven analysis, collaboration with trading desks, and ongoing process improvements, with a competitive compensation package and opportunities for growth.

Qualifications

• Master's degree or higher in Finance, Mathematics, Statistics, Engineering, Economics.
• Strong quantitative skills and knowledge of finance, fixed income and data science.
• Experience in fixed income, municipal bonds.
• Proficiency in Python, machine learning, AI and Excel.
• Excellent communication with clients, portfolio managers, traders, research, and sales.

Responsibilities

• Daily generation of securities valuations for multiple market closes, entailing start-to-end ownership responsibilities.
• Examine and develop new areas of product growth through independent self-guided research and interactions with clients, JPMorgan trading desks, research professionals, and technology teams.
• Continuously improve product and service quality through daily market surveillance, communication with market participants, data/financial analysis, enhanced process controls, and ensuring data quality.
• Perform in-depth analysis on an individual security or portfolio of securities and explain nuances to colleagues and clients.
• Develop and maintain sophisticated statistical models.
• Develop cutting-edge methodologies and manage infrastructure to increase efficiency and speed of valuations.
• Address client concerns daily with emphasis on providing first-class service and quality.

Skills

Quantitative skills

Python

Machine Learning

Artificial Intelligence

Excel

Excellent communication

Education

Master's degree or higher in Finance, Mathematics, Statistics, Engineering, Economics

Tools

Excel

Job description

Start your journey at JPMorganChase, where you belong and your impact matters. Join a team that delivers independent, reliable, and accurate securities valuation services to clients worldwide.

Through periods of volatility and uncertainty, market participants are always in need of independent and reliable securities valuation services. With offices in New York, London, and Hong Kong, PricingDirect employees serve our clients globally by providing evaluated pricing and analytics on over 3 million fixed income securities and derivative instruments each day.

As a Securities Valuation Analyst in our Municipal Bond team, you will gain access to the trading, research, analytics, and technology resources of JPMorgan Chase, and combine financial concepts with quantitative skills to manage large volumes of data to develop pricing models and processes. You will leverage your product and market knowledge to identify growth areas and help lead projects in a collaborative environment where your contributions directly impact the business.

Job Responsibilities

• Daily generation of securities valuations for multiple market closes, entailing start-to-end ownership responsibilities (market data collection and analysis, price generation, quality control, and client interaction)
• Examine and develop new areas of product growth through independent self-guided research and interactions with clients, JPMorgan trading desks, research professionals, and technology teams
• Continuously improve product and service quality through daily market surveillance, communication with market participants, data/financial analysis, enhanced process controls, and ensuring data quality
• Perform in-depth analysis on an individual security or portfolio of securities and explain nuances to colleagues and clients
• Develop and maintain sophisticated statistical models
• Develop cutting-edge methodologies and manage infrastructure to increase efficiency and speed of valuations
• Address client concerns daily with emphasis on providing first-class service and quality (email, calls, and in-person meetings)

Required Qualifications, Capabilities, and Skills

• Master's degree or higher in Finance, Mathematics, Statistics, Engineering, Economics, or similar
• Firm understanding of principles of finance, mathematical and/or statistical modeling, fixed income, and data science
• Previous experience working in fixed income, primarily Municipal Bonds
• Clear, logical thinker with strong quantitative skills who thrives in a fast-paced environment with real-time market deadlines
• Knowledge or proficiency in Python, Machine Learning, Artificial Intelligence and/or practical experience working with Excel
• Strong aptitude for learning and applying new technologies
• Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales

Preferred Qualifications, Capabilities, and Skills

• Detail-oriented, creative problem solver with ability to learn quickly, multi-task, and self-manage priorities
• Ability to build effective working relationships and interact comfortably with a wide spectrum of traders, research analysts, clients, and technologists

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 employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our 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 around the world. Be an owner from day 1. Join the team delivering independent, accurate securities valuations for clients across the globe.