PricingDirect Evaluator - High Yield Fixed Income - Analyst

JPMorgan Chase & Co. • New York, NY

6h • $90,250 - $120,000

About The Position

As an Analyst or Associate on JPMorganChase’s High Yield Fixed Income team, you will contribute to a revenue-generating business that provides independent pricing and analytics for more than 3 million fixed income and derivative instruments, using real-time intelligence from buy-side and sell-side market participants. The role combines market monitoring, real-time pricing, model research, and software development. You will work with market data, advanced analytics, and technology while collaborating with experienced professionals.

Requirements

• Solid understanding of fixed income products and data science fundamentals.
• Strong quantitative skills and clear, logical problem-solving ability.
• Strong software development skills in Python and Excel VBA, with the ability to learn new technologies quickly.
• Ability to collect and analyze large volumes of market information and incorporate insights into valuation frameworks and pricing models.
• Working knowledge of machine learning, statistical, and artificial intelligence techniques.
• Ability to work in a fast-paced environment with real-time market pressures while maintaining accuracy and discipline.
• Strong client focus and ability to manage day-to-day stakeholder interactions effectively.
• Bachelor’s degree or higher; fields ideally include Financial Engineering, Quantitative Finance, Statistics, or Economics.

Nice To Haves

• Prior valuation experience in fixed income products such as high yield, loans, or other credit products, and/or derivatives.
• Experience working with large financial datasets in Python.
• Familiarity with SQL and/or Tableau or other data visualization tools.
• Familiarity with large language models and AI tools such as Copilot.

Responsibilities

• Generate daily valuations across multiple market closes, including collecting and analyzing market data, generating prices, performing quality control, and responding to client queries.
• Monitor markets and produce real-time pricing updates as needed.
• Develop and maintain statistical and machine learning models to improve pricing and quality control processes.
• Build and enhance pricing methodologies, models, and supporting infrastructure to improve valuation accuracy and speed.
• Partner with trading desks, market participants, and research teams to strengthen market knowledge and instrument-level pricing understanding.
• Address client questions and concerns through email, calls, and in-person discussions.
• Identify and develop product growth opportunities by independently exploring and testing new ideas.

Benefits

• Competitive total rewards package, including base salary and, for eligible roles, commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level