PricingDirect Evaluator - Securitized Products Group - Vice President

Aumni; New York (NY); On-site; USD 180,000 - 280,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Incentive compensation

Job summary

JPMorgan Chase & Co. in New York is seeking a Vice President on the PricingDirect SPG evaluator team to own end-to-end valuation outcomes across products and regions.

You will oversee daily deliverables, set quality standards, and serve as a senior escalation point for clients, trading desks, and technology partners. You will lead model enhancements, build cashflow models for securitized products, and communicate valuation drivers with colleagues and clients, while collaborating with trading,

Qualifications

• Bachelor’s degree or higher in Finance, Mathematics, Statistics, Engineering, Economics, or a similar discipline.
• 5+ years of full-time experience working with fixed income securities.
• Firm understanding of principles of finance and mathematical and/or statistical modeling.
• Strong qualitative and quantitative analytical skills with the ability to synthesize and integrate large amounts of market information.
• Proficiency in Excel and practical experience working with Python.
• Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales.
• Proven ability to lead initiatives, manage priorities across deadlines, and own outcomes in a fast-paced environment.

Responsibilities

• Daily generation and oversight of security valuations for multiple market closes, including data collection, price generation, quality control, and client interaction.
• Lead and enhance valuation methodologies and process controls through market surveillance and communication with market participants and internal stakeholders.
• Build and maintain cashflow models for Securitized Products, with the ability to analyze and interpret complex deal structures and underlying asset performance.
• Provide in-depth analysis of portfolios of securities and communicate valuation drivers and rationale to colleagues and clients.
• Develop and maintain regular contact with trading desks, research teams, and other market participants to support valuations and product coverage.
• Examine and develop new areas of product growth through independent research and engagement with clients and teams, ensuring timely resolution of issues.

Skills

Fixed income valuation

Python

Excel

Leadership

Communication

Quantitative analysis

Client interaction

Education

Bachelor’s degree in Finance/Mathematics/Economics/Engineering

Master’s degree (preferred)

Tools

Python

SQL

VBA

Job description

Through periods of market stability, volatility, or uncertainty, market participants are always in need of independent, reliable, and accurate security valuations. With offices in New York, London, and Hong Kong, J.P. Morgan's PricingDirect (PD) evaluators serve clients globally by providing them with evaluated pricing on over three million fixed income securities and derivative instruments daily.

As a Vice President on the PricinDirect SPG evaluator team, you will combine deep product expertise along with strong quantitative and programming skills to own end-to-end valuation outcomes across products and regions. You will oversee daily deliverables and controls, set quality standards, lead model and process enhancements, and serve as a senior escalation pointfor clients, trading desks, research, and technology partners.

Job Responsibilities

• Daily generation and oversight of security valuations for multiple market closes, including market data collection and analysis, price generation, quality control, and client interaction.
• Lead and enhance valuation methodologies and process controls through market surveillance and communication with market participants and internal stakeholders.
• Build and maintain cashflow models for Securitized Products, with the ability to analyze and interpret complex deal structures and underlying asset performance.
• Provide in-depth analysis of portfolios of securities and communicate valuation drivers and rationale in detail to colleagues and clients.
• Develop and maintain regular contact with trading desks, research teams, and other market participants to support valuations and product coverage.
• Examine and develop new areas of product growth through independent research and engagement with clients, trading, research, and technology teams, and serve as a senior point of contact for client concerns and team deliverables, ensuring timely and professional resolution of issues.

Required Qualifications, Capabilities, and Skills

• Bachelor's degree or higher in Finance, Mathematics, Statistics, Engineering, Economics, or a similar discipline.
• 5+ years of full-time experience working with fixed income securities.
• Firm understanding of principles of finance and mathematical and/or statistical modeling.
• Strong qualitative and quantitative analytical skills with the ability to synthesize and integrate large amounts of market information.
• Proficiency in Excel and practical experience working with Python.
• Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales.
• Proven ability to lead initiatives, manage priorities across deadlines, and own outcomes in a fast-paced environment.

Preferred Qualifications, Capabilities, and Skills

• In-depth experience with RMBS/ABS/Securitized Products, including cashflow modeling and collateral/performance analytics.
• Master's Degree in Finance, Mathematics, Statistics, Engineering, Economics, or a similar discipline.
• Experience with Python, VBA, and/or SQL; high aptitude for learning new technologies.
• Strong judgment, a control-oriented mindset, and confident in making and defending valuation decisions under inquiry.

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. Join a fast-paced team that offers innovative solutions for our global clients across fixed-income.