What are the responsibilities and job description for the Securities Valuation Associate - PricingDirect position at JPMorganChase?
Be part of JPMorgan Chase that continuously grows! Through periods of volatility and uncertainty, market participants are always in need of independent, reliable, and accurate securities valuation services. With offices in New York, London, and Hong Kong, JPMorgan’s PricingDirect employees serve our clients globally by providing them evaluated pricing on over two million fixed income securities and derivative instruments every day.
As a PricingDirect Securities Valuation Associate, you will gain access to trading, research, analytics, and technology resources of JPMorgan Chase. You will be given the opportunity to combine your knowledge of financial concepts with your programming skills to manage large volumes of data for developing and maintaining accurate pricing models. As an Associate, you will leverage your product and market knowledge to identify growth areas, lead projects, and deliver results for your team and your clients. If you are results-oriented, intellectually curious, in pursuit of excellence, and enjoy working in a collaborative team environment where your contributions directly impact our business, you are encouraged to apply for this role.
Job responsibilities
- Daily generation of securities valuations for multiple market closes, entailing start-to-end ownership responsibilities, including: 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, 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 and financial analysis, review of process controls, and data quality assurance
- Perform complex financial assignments, including quantitative and information/data analysis
- Provide in-depth analysis of portfolios of securities, communicating in detail to colleagues and clients
- Develop and maintain regular contact with trading desks, research teams, and other market participants
- Address all client concerns in a timely and professional manner
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
- Minimum one (1) year of full-time experience working with fixed income securities and/or derivative pricing
- Strong qualitative and quantitative analytical skills with the ability to process large amounts of market information
- Proficiency in Excel with Visual Basic coding experience and/or practical experience working with Python
- Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales
Preferred qualifications, capabilities, and skills
- Experience with RMBS/ABS/securitized products a strong plus
- Experience in programming language such as Python, VBA, SQL, and high aptitude for learning new technologies
- Detailed oriented, creative problem solver with ability to learn quickly, multi-task, and self-manage priorities under rapidly changing and flexible timelines
- Ability to build effective working relationships and interact comfortably with a wide spectrum of counterparties, including fixed-income research teams, sales personnel, traders, portfolio managers, and technologists
- Clear, logical thinker with strong quantitative abilities
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
ABOUT THE TEAM
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.
