At a Glance
- Tasks: Generate daily valuations, develop pricing models, and enhance market knowledge.
- Company: Join a dynamic European Derivatives team in a collaborative environment.
- Benefits: Opportunities for growth, skill development, and impactful work.
- Other info: Explore new product growth areas and collaborate closely with sales.
- Why this job: Make a real impact in the fast-paced world of derivatives pricing.
- Qualifications: Understanding of derivatives, strong Python skills, and analytical abilities.
The predicted salary is between 40000 - 50000 £ 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, develop and maintain pricing models, and create cutting-edge methodologies to increase accuracy and speed of valuations. You will communicate with trading desks, market participants, and research teams to enhance market knowledge and address client concerns, while autonomously exploring new areas of product growth.
Job responsibilities:- 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.
- 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.
- 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 in London employer: Jpmorgan Chase & Co.
As a Global Pricing Direct Evaluator – Analyst or Associate, you will thrive in a dynamic and collaborative environment that prioritises your professional growth and skill development. Our company fosters a culture of innovation and teamwork, providing you with the opportunity to make a significant impact while working alongside industry experts in the European Derivatives team. With a focus on real-time market intelligence and cutting-edge methodologies, we offer a rewarding career path that encourages exploration and autonomy in driving product growth.
StudySmarter Expert Advice🤫
We think this is how you could land Global Pricing Direct Evaluator – Analyst or Associate in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Jpmorgan Chase & Co.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Global Pricing Direct Evaluator – Analyst or Associate in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Jpmorgan Chase & Co..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Jpmorgan Chase & Co.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Jpmorgan Chase & Co.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Jpmorgan Chase & Co..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Jpmorgan Chase & Co. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Jpmorgan Chase & Co. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
