Pricing Direct - Corporate and Private Placement Valuation - Associate

Job Description

This is an exciting opportunity for someone who is highly motivated to work in an innovation-focused team and to contribute to our Corporate & Investment Bank business.

As a Pricing Direct Evaluator - Associate on the Private Placement and Investment Grade Corporate Fixed Income team, you will join a revenue-generating team that provides independent valuation and analytics for over 3 million fixed income and derivative instruments, utilizing real time market intelligence from buy side and sell side market participants. You will play a crucial role in providing accurate and insightful valuations, which are essential for our clients' investment decisions and risk management strategies.

Job responsibilities

• Generates daily valuations of fixed income securities for multiple market closes, entailing start-to-end responsibilities. This includes market data collection and analysis, price generation, quality control, and dealing with the client queries
• Develops and maintains sophisticated statistical and machine-learning models, aiming at improving pricing and quality control processes
• Develops cutting-edge methodologies, pricing models and infrastructure to increase accuracy and speed of valuations
• Collaborate with trading desks, market participants and research teams to enhance market knowledge and understanding of the instrument pricing
• Addresses all client concerns daily with emphasis on providing first-class service and quality, whether it is via emails, calls or in-person meetings
• Examines and develops new areas of product growth with a focus on autonomously exploring new ideas and solutions

Required qualifications, capabilities, and skills

• Firm understanding of the principles of fixed income and data science
• Strong software development skills in Python and Excel VBA, and high aptitude for learning new technologies
• Ability to collect and analyze large amounts of market information, extract its essence, and incorporate the findings into valuation matrix and incorporate it into pricing models
• Knowledge of Machine Learning, Statistical and Artificial Intelligence techniques
• Clear, logical thinker with strong quantitative abilities
• Ability to thrive in a fast-paced environment of real-time market pressures, remaining focused on client needs

Preferred qualifications, capabilities, and skills

• Previous market or quantitative experience in Investment Grade Fixed income products (Corporate bonds, Money Markets, Treasury etc.)
• Previous experience of implementing machine learning models in a business environment
• Good communication skills, both oral and written
• Strong Python coding skills, especially when working with large financial datasets. Additional experience working with SQL, R, C++, Java, as well as Tableau & data visualization tools would be beneficial
• Bachelor's degree or higher, ideally in a STEM field such as: Computer Science, Financial Engineering, Mathematics, Physics, Finance, or Economics

About Us

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

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.