J.P. Morgan - Associate, Pricing Direct
J.P. Morgan’s Corporate &amp; Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate &amp; Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.Duties: Use client-received trade information to define and maintain client set up files for clients’ interest rate derivative trades. Work with technology support to ensure that derivatives trades are uploaded and stored correctly in order to run price calculations. Generate prices (evaluations) for various interest rate derivatives, including interest rate swaps, swaptions, caps, floors, and perform quantitative and information/data analysis including analysis of cashflows, comparison of inputs and outputs, and various risk measures. Define and implement various quality control procedures on both inputs and outputs from quantitative models by utilizing technical tools such as VBA programming. Monitor market activity and financial news throughout the trading day to ensure that rates that are used in pricing models are properly capturing current market conditions. Interact with trading desk and various research teams to stay abreast of evolving macroeconomic environment. Coordinate internal testing of new financial models/tools to enhance product coverage. Testing entails frequent interaction with trading desk, quantitative research team, rates operate, model development team to validate pricing model, input data and pricing output. Communicate regularly with clients on all aspects of the daily pricing and challenge process in a timely, clear and professional manner. Coordinate with sales and technology support to accommodate client needs for test prices, onboarding of new currencies and/or new product types. 
Title: J.P. Morgan - Associate, Pricing Direct
Salary: None
Description: J.P. Morgan’s Corporate &amp; Investment Bank (CIB) is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate &amp; Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.Duties: Use client-received trade information to define and maintain client set up files for clients’ interest rate derivative trades. Work with technology support to ensure that derivatives trades are uploaded and stored correctly in order to run price calculations. Generate prices (evaluations) for various interest rate derivatives, including interest rate swaps, swaptions, caps, floors, and perform quantitative and information/data analysis including analysis of cashflows, comparison of inputs and outputs, and various risk measures. Define and implement various quality control procedures on both inputs and outputs from quantitative models by utilizing technical tools such as VBA programming. Monitor market activity and financial news throughout the trading day to ensure that rates that are used in pricing models are properly capturing current market conditions. Interact with trading desk and various research teams to stay abreast of evolving macroeconomic environment. Coordinate internal testing of new financial models/tools to enhance product coverage. Testing entails frequent interaction with trading desk, quantitative research team, rates operate, model development team to validate pricing model, input data and pricing output. Communicate regularly with clients on all aspects of the daily pricing and challenge process in a timely, clear and professional manner. Coordinate with sales and technology support to accommodate client needs for test prices, onboarding of new currencies and/or new product types. 
Requirements: None experience, None education
Fraudulent: No