Global Pricing Direct Evaluator - Analyst or Associate
IT
London, UK
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 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.
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++.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Join as Pricing Direct Evaluator, delivering real-time valuations and developing innovative pricing models for derivative markets.


