PricingDirect - MBS Valuation - Analyst

JPMorgan Chase & Co. • New York, NY

26d

About The Position

Are you highly motivated to be part of a dynamic team within our Commercial & Investment Bank's Markets business? We are seeking a PricingDirect Analyst to join our agency MBS pricing team in a challenging role that combines complex financial analysis with robust valuation models.

As a PricingDirect MBS Valuation Analyst, you will be responsible for the end-to-end generation of daily valuations for over 1.3 million agency MBS pass-through securities across multiple market closes. You will have access to JPMorgan’s SPG trading, research, analytics, and technology resources. You will leverage your product knowledge and market intelligence to identify growth opportunities, lead projects, and deliver results for both your team and clients. If you are results-oriented, intellectually curious, and thrive in a collaborative team environment where your contributions directly impact our business, we encourage you to apply.

Requirements

• Bachelor’s degree with at least 1 year of finance industry experience, or Master’s degree (or higher) in Finance, Mathematics, Statistics, Engineering, or Economics.
• Strong understanding of finance principles (specifically fixed income), mathematical, and statistical modeling.
• Clear, logical thinker with strong quantitative and qualitative analytical skills; ability to process large volumes of market data.
• Significant programming experience with Python.
• Proficiency in Excel, including Visual Basic coding.
• Effective communication skills for interaction with clients, portfolio managers, traders, research, and sales teams.
• Detail-oriented approach with highly disciplined process and quality control methods.

Nice To Haves

• Experience with MBS or other structured products is a strong plus.
• Ability to learn quickly, multitask, and self-manage priorities in a dynamic environment.
• Ability to build effective relationships and interact comfortably with a wide range of stakeholders, including research teams, sales, traders, portfolio managers, and technologists.

Responsibilities

• Generate daily mortgage-backed securities (MBS) valuations for multiple market closes, including market data collection, price generation, quality control, and client interaction.
• Identify and develop new product growth areas through independent research and collaboration with clients, trading desks, research professionals, and technology teams.
• Continuously improve product and service quality through market surveillance, data analysis, process review, and data quality assurance.
• Address client concerns and inquiries daily, with emphasis on providing first-class service and quality.
• Perform in-depth analysis on individual securities or cohorts and clearly explain nuanced findings to colleagues and clients.
• Develop and maintain regular contact with trading desks, research teams, and other market participants.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees