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JPMorganChase

Analyst - Global Fund Services OTC Derivatives Valuation

Posted 5 Hours Ago
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Hybrid
Fort Worth, TX
Junior
Hybrid
Fort Worth, TX
Junior
As an Analyst in the Global Fund Services OTC Derivatives Valuation team, you'll provide independent valuation services for a variety of OTC derivative products, analyzing and comparing valuations daily, building relationships with clients, and resolving queries related to valuations. You'll work in a dynamic environment, developing your skills and expertise in the financial markets.
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Job Description
The OTC (Over The Counter) Derivatives Valuation Control Group (VCG) is organized into a global team of valuation and quantitative analysts based in the UK, Dallas, Sydney, and Mumbai. The team provides OTC derivatives valuations to institutional clients, asset managers, hedge funds, and insurance companies who have outsourced part or all of their middle and back office operations to J.P. Morgan. The VCG team provides the primary support and expertise for complex asset valuations and queries from both internal and external clients. The team functions within the business as Subject Matter Experts for OTC derivatives valuation and is involved with product development/testing, client on-boarding, and automation projects.
As an OTC analyst within the Global Funds servicing team, you will have a unique opportunity to work in a cross-asset environment with exposure to all types of OTC derivatives. This role offers a dynamic and challenging environment where you can develop your skills and knowledge in OTC derivatives. You will provide independent valuation services to our clients across a wide array of OTC derivative products, produce and analyze valuations on a daily basis, and establish and develop strong relationships with both internal and external clients. You will also have the opportunity to resolve ad-hoc issues and expand your role as your skills develop.
Job responsibilities

  • Provide independent valuation services to internal and external clients across a wide array of OTC derivative products including rates, credit, equity, FX, inflation, commodity, and volatility / variance swaps
  • Produce and analyze valuations on OTC derivatives within client portfolios on a daily basis. This will also involve comparing and analyzing OTC valuations across multiple sources. The candidate should be able to quantify and clearly articulate any valuation movements through the Greeks
  • Establish and develop strong relationships with both internal and external clients
  • Resolve ad-hoc issues, including queries related to third party valuations, procedures, and processes
  • Add functions as required and as the role and analyst's skills develop


Required qualifications, capabilities, and skills

  • A proactive, pragmatic approach to problem solving; good mathematical background; ability to perform well in a fast-paced environment; self-motivating; exhibit a natural curiosity towards learning about the financial markets
  • Experience in Bloomberg, Reuters, other trading or market data platforms
  • Advanced degree (MBA, MS, CFA, FRM, CQF) or progression towards the degree


Preferred qualifications, capabilities, and skills

  • OTC Derivatives valuation knowledge across multiple asset classes is preferred
  • One plus years of prior middle office or operations experience with a background in derivatives or valuations preferable


About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
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.

JPMorganChase London, England Office

25 Bank Street, Canary Wharf, London, United Kingdom, E14 5JP

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