Associate I – Derivatives Valuation Control Group

Summary of Responsibilities

Provide independent valuation services to internal and external clients across a wide array of OTC derivative products including rates, credit, equity, FX, inflation, cmdty, and volatility / variance swaps

Produce and analyze valuations on OTC derivatives within client portfolios on a daily basis. This will also involve comparing and analyzing OTC valuations across multiple sources and the candidate should be able to quantify and clearly articulate any valuation movements through the Greeks

Establish and develop strong relationships with both internal and external clients

Resolve ad-hoc issues, including queries related to third party valuations, procedures and processes

Other functions as required and as the role and analyst’s skills develop

Skills and Qualifications

OTC Derivatives valuation knowledge across multiple asset classes, including sensitivity analysis (pv01, delta, gamma, vega, theta, rho, etc,..) and how these are calculated and used to analyze OTC valuations

2-5 years of prior industry experience with a background in derivatives preferable

A proactive, pragmatic approach to problem solving; good mathematical background; ability to perform well in a fast-paced environment; self-motivating; exhibit a natural curiosity

Experience in Bloomberg, Reuters, other trading or risk mgmt platforms

Advanced degree (MS, CFA, FRM, CQF) or progression towards, is highly positive

JPMorgan Chase & Co., 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 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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. These requirements may include sharing information in the firm’s vaccine record tool, vaccination or regular testing, mask wearing, social distancing and daily health checks. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests.

Equal Opportunity Employer/Disability/Veterans