CIB - Investor Services - Pricing Direct - Analyst

Job description

J.P. Morgan is a leader in financial services, offering innovative and intelligent solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years and we keep their interests foremost in our minds at all times. This combination of product strength, intellectual capital and character sets us apart as an industry leader. J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a global financial services firm with assets of $2.0 trillion.

PricingDirect Inc., a wholly-owned subsidiary of JPMorgan Chase & Co., provides its clients with evaluations on over 1.3 million fixed income securities and derivative instruments each day. Employees of PricingDirect have direct access to the trading, analytics, research and technology resources of the Corporate and Investment Bank - J.P. Morgan. PricingDirect has evaluator teams in New York and London.

Primary Function
• The Analyst role in Pricing Direct is a demanding position requiring a knowledgeable professional capable of performing complex financial assignments, including quantitative and information/data analysis.
• Acting as an evaluator, the Analyst will generate prices (evaluations) for foreign exchange, equity and commodity derivatives. In performing the role of a PricingDirect evaluator, the Analyst will be responsible for securing all necessary supporting documentation, and for modeling the instrument, running computer applications and maintaining related data.
• The Analyst will communicate regularly with external clients, and with the J.P. Morgan trading desks and research professionals, regarding market color and the instruments that PricingDirect evaluates.
• As appropriate, the Analyst will independently prepare and/or maintain models for instruments to determine their current pricing level, and in addition will prepare and/or maintain quality control procedures designed to ensure a high level of evaluation accuracy and client service.
• In this position, the Analyst will be required to analyze derivative instruments according to their various characteristics, and to make determinations about them based upon those characteristics, market trading levels, implied vols, forward and interest rate curves and other risk factors

Desired profile

Position Qualifications
• Theoretical understanding of the principles of finance, business operations, and mathematical and/or statistical modeling.
• Ability to perform analysis on the highly complex financial data necessary to perform the job duties.
• Proficiency in widely used technical tools such as Excel, superior skills as a VBA programmer and/or exposure to databases and/or programming languages such as SAS, R, C, C++, Perl a plus.
• Detail oriented, with a highly disciplined approach to process and quality control.
• Ability to be a creative problem solver, and to perform well under pressure.
• Ability to learn quickly, multi-task and self-manage priorities.
• Good client communications skills.
• Strong team player.

Position Requirements
• Bachelor's degree or higher in a finance-related field of study such as Business Administration, Economics, Finance, Engineering or Mathematics. Master's degree in Financial Engineering or Mathematics of Finance a strong plus
• Knowledge of derivatives products and pricing
• Clear, logical thinker with strong quantitative abilities.
• Superior skills and experience as a VBA programmer a strong plus.

JPMorgan offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan is an equal opportunity and affirmative action employer Disability/Veteran.