What are the responsibilities and job description for the PricingDirect Evaluator – Securitized Products Group – Associate position at JPMorgan Chase?
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, JPMorganChase'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 JPMorganChase. 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 and cashflow 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
- Proficient in cashflow modeling for securitized products, with the ability to analyze and interpret complex deal structures and underlying asset performance
- 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
- Examine and develop new areas of product growth through independent self-guided research, interactions with clients, 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, and review of process controls
- Develop and maintain regular contact with trading desks, research teams, and other market participants
Required qualifications, capabilities, and skills
- Bachelor's degree or higher in Finance, Mathematics, Statistics, Engineering, Economics, or similar, with a firm understanding of mathematical and/or statistical modeling
- Strong work ethic and intellectual curiosity
- Strong qualitative and quantitative analytical skills with the ability to synthesize and integrate large amounts of market information
- Proficiency in Excel and Python
- Excellent communication skills to interact with clients, portfolio managers, traders, research, and sales
- Strong client service mindset with the ability to address concerns in a timely and professional manner
Preferred qualifications, capabilities, and skills
- Experience with RMBS/ABS/securitized products
- Master's degree in Finance, Mathematics, Statistics, Engineering, Economics, or similar
- Experience in programming languages such as Python and high aptitude for learning new technologies such as using Artificial Intelligence tools to enhance productivity and drive business results
- 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