At a Glance
- Tasks: Generate daily valuations of derivative securities and develop pricing models.
- Company: Join a revenue-generating team in the European Derivatives sector.
- Benefits: Collaborative environment focused on growth and skill development.
- Other info: Role involves communication with trading desks and market participants.
- Why this job: Opportunity to make a real impact in pricing and analytics.
- Qualifications: Firm understanding of derivatives principles and strong Python skills required.
The predicted salary is between 50000 - 70000 £ per year.
Are you looking for a balanced mixture of responsibilities, including market watch, real-time pricing, model research, and software development? If yes, this role is for you! As a Pricing Direct Evaluator – Analyst or Associate in the European Derivatives team, you will join a revenue-generating team that provides independent pricing and analytics for over 3 million derivative and fixed income instruments, utilizing real-time market intelligence from buy side and sell side market participants. We offer a collaborative environment focused on your growth, skill development, and the opportunity to make a real impact.
As a Pricing Direct Evaluator – Analyst or Associate in the European Derivatives team, you will:
- Generate daily valuations of derivative securities for multiple market closes, including market data collection, price generation, quality control, and client queries.
- Create cutting-edge methodologies, pricing models, and infrastructure to increase accuracy and speed of valuations.
- Communicate with trading desks, market participants, and research teams to enhance market knowledge and instrument pricing.
- Address client concerns daily, providing first-class service and quality via different channels.
- Examine and develop new areas of product growth, autonomously exploring new ideas and support revenue generation through close collaboration with the sales team.
Required qualifications, capabilities, and skills:
- 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.
Preferred qualifications, capabilities, and skills:
- 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++.
Global Pricing Direct Evaluator – Analyst or Associate employer: Jpmorgan Chase & Co.
This role is based in a dynamic European Derivatives team that values innovation. Employees benefit from a collaborative environment and opportunities for skill development. The team focuses on providing independent pricing for over 3 million instruments, enhancing market knowledge and client service.
