Global Pricing Direct Evaluator – Analyst or Associate

JPMorgan Chase JPMorgan Chase · Banking · LONDON, LONDON, United Kingdom · Commercial & Investment Bank

JPMorgan Chase is seeking a Global Pricing Direct Evaluator in their European Derivatives team. This role involves market watch, real-time pricing, model research, and software development for derivative and fixed income instruments. Responsibilities include generating daily valuations, developing pricing models, and creating new methodologies. The role requires a strong understanding of derivatives, data science principles, Python, and quantitative abilities.

What you'd actually do

  1. Generate daily valuations of derivative securities for multiple market closes, including market data collection, price generation, quality control, and client queries.
  2. Create cutting-edge methodologies, pricing models, and infrastructure to increase accuracy and speed of valuations.
  3. Communicate with trading desks, market participants, and research teams to enhance market knowledge and instrument pricing.
  4. Address client concerns daily, providing first-class service and quality via different channels
  5. Examine and develop new areas of product growth, autonomously exploring new ideas and support revenue generation through close collaboration with the sales team.

Skills

Required

  • Firm understanding of derivatives principles, including pricing, risk and most common vanilla strategies.
  • Good knowledge of data science principles, with software development skills in Python and Excel VBA as well as high aptitude for learning new technologies.
  • Ability to collect and analyze large amounts of market information and incorporate findings into pricing models.
  • 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.
  • Good communication skills, both oral and written.

Nice to have

  • Market or quantitative experience in derivatives pricing with exposure to multiple asset classes as underlying.
  • Previous experience in a Front Office role with direct exposure to clients.
  • Knowledge of light exotics and experience in understanding the associated Term-Sheets.
  • Basic knowledge of stochastic calculus, main models used within derivatives pricing and numerical techniques such as Monte Carlo and Finite Difference.
  • Strong Python coding skills, with focus on system design.
  • Experience with C++.

What the JD emphasized

  • cutting-edge methodologies
  • increase accuracy and speed
  • market watch
  • real-time pricing
  • model research
  • software development