Overview
In this role you support derivative pricing and capital analysis within the Credit Portfolio Group, partnering across Sales, Trading and control functions. You will contribute to trade-level analytics, risk monitoring and stress testing, delivering well-documented, scalable solutions. You’ll deepen derivatives and XVA expertise while working with cross-functional teams to drive meaningful outcomes for clients and the firm. This position offers exposure to model and tooling enhancements and a front-office collaboration mindset.
Responsibilities
- Support pricing and structuring analysis for OTC derivatives with hedge funds, focusing on risk and capital efficiency
- Produce and maintain trade-level margin analytics, analyze initial margin drivers, and assist with collateral mechanics under ISDA/CSA
- Monitor risk appetite by translating limits into checks, run diagnostics, escalate issues, and support remediation
- Run stress and scenario analyses across portfolios and counterparties, summarize outputs for review
- Support deal execution processes, prepare materials for risk and valuation discussions, and ensure clean handoffs to risk reporting
- Collaborate with Quant Research and technology to test and implement model and tooling enhancements for exposure and margin analytics
- Assist with documentation and collateral workflows, compiling analysis for ISDA/CSA discussions on margin and capital efficiency
Key requirements
- Working knowledge of OTC derivatives and interest in XVA, counterparty credit exposure, funding, and margin concepts
- Familiarity with ISDA/CSA collateral mechanics and willingness to learn margin optimization for hedge funds
- Strong quantitative and analytical skills with advanced Excel and Python proficiency (or ability to develop quickly)
- Ability to run structured analyses, document assumptions, and communicate results succinctly
- Strong collaboration and communication skills across Sales, Trading, Risk, and Operations in a fast-paced environment
- Relevant experience in derivatives, XVA, counterparty credit or market risk, product control, valuation, or quantitative analytics
- collaboration
- clear communication
- ownership and adaptability
- Excel
- Python
- OTC derivatives
Credit Portfolio Group – XVA Pricing & Capital Solutions EMEA - Analyst or Associate in London employer: JP Morgan Chase
Morgan is an exceptional employer, offering a dynamic work culture that prioritises diversity and inclusion while fostering employee growth through comprehensive coaching and development opportunities. As a global leader in financial services, we empower our teams to drive impactful product management and AI enablement, ensuring that every employee can contribute meaningfully to our clients' success in a collaborative environment located at the heart of the financial sector.
