Associate, Derivatives Valuation Evaluator Req #: 180076264 Location: New York, NY, US Job Category: Corporate Staff Potential Referral Amount: US Dollar (USD) JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. Duties: Use client-received trade information to define and maintain client set up files for clients interest rate derivatives trades. Work with technology support team 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 such as cashflow analysis, comparison of inputs and outputs, and various risk measures. Define and implement various quality control procedures on both inputs and outputs from quantitative models through VBA programming. Monitor market activities and financial news throughout the trading day to ensure that rates 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. This includes frequent interaction with trading desk, quantitative research team, rates operations team, 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 team to accommodate client needs for test prices, onboarding of new currencies and/or new product types. Minimum education required: Masters degree or equivalent in Finance, Mathematics, Engineering (any), or related field. Minimum experience required: 2 years of experience in Pricing, research, quantitative or sales role in derivatives or fixed income, or related experience. Skills Required: Must have demonstrated knowledge of derivatives or fixed income products. Must have demonstrated knowledge of the term structure of interest rates, discounted cash flow models and sensitivities analysis. Must have experience performing research and data analysis to validate, back-test and roll new analytics. Must have experience applying valuation methodology into production. Must have experience defining and implementing various quality control procedures using VBA. Must have experience working with pricing tools such as Bloomberg and Reuters. Must have client-facing experience. Must have coding experiences in programming languages such as VBA, SAS. Must have experience with fixed income analytical tools, i.e. Intex, Bloomberg. Must have demonstrated knowledge of Excel and SQL. Employer will accept any amount of professional experience with the required skills.