What are the responsibilities and job description for the PricingDirect - Securities Valuation - Analyst position at JPMorgan Chase?
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.
Job summary
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 PricingDirect Securities Valuation Analyst on the 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