IB – Pricing Direct MBS Evaluator – Associate – NYC recruitment

JPMorgan Chase Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.0 trillion and operations in more than 60 countries.
PricingDirect Inc., a wholly-owned subsidiary of JPMorgan Chase Co., provides its clients with evaluations on over 1.3 million fixed income securities and derivative instruments several times each day.
Employees of PricingDirect have direct access to the trading, analytics, research and technology resources of the Investment Bank - J.P. Morgan.
PricingDirect has teams in New York and London.
Primary FunctionThe Associate role in Pricing Direct is a demanding position requiring a knowledgeable professional capable of performing complex financial assignments, including quantitative and information/data analysis.
Acting as an evaluator, the Associate will generate prices (evaluations) for fixed income securities and/or derivatives (including credit, rate, foreign exchange, equity and commodity instruments).
In performing the role of a PricingDirect evaluator, the Associate will be responsible for securing all necessary supporting documentation, and for modeling the instrument, running computer applications and maintaining related data.The Associate will communicate regularly with external clients, and with the J.P. Morgan trading desks and research professionals, regarding market color and the instruments that PricingDirect evaluates.
As appropriate, the Associate will independently prepare and/or maintain models for securities to determine their current pricing level, and in addition will prepare and/or maintain quality control procedures designed to ensure a high level of evaluation accuracy and client service.In this position, the Associate will be required to analyze derivative instruments and/or fixed income securities according to their various characteristics, and to make determinations about them based upon those characteristics, market trading levels, current spreads, risk factors and/or payment and default history.

Qualifications
Theoretical understanding of the principles of finance, business operations, and mathematical and/or statistical modeling.Ability to perform analysis on the highly complex financial data necessary to perform the job duties.
Proficiency in widely used technical tools such as Excel, and in particular, superior skills as a VBA programmer; exposure to databases and/or programming languages such as SAS, R, C, C , Perl a plus.Detail oriented, with a highly disciplined approach to process and quality control.Ability to be a creative problem solver, and to perform well under pressure.Ability to learn quickly, multi-task and self-manage priorities.Good client communications skills.Strong team player.Position RequirementsBachelor's degree or higher, ideally in a finance-related field of study such as Business Administration, Economics, Finance, Engineering or Mathematics.Two or more years of experience as an evaluator, with most or all of that time spent in the mortgage-backed securities (MBS) sector.Clear, logical thinker with strong quantitative abilities.
JPMorgan Chase
Co. offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan Chase Co.
is an Equal Opportunity and Affirmative Action Employer, M/F/D/V