Reference Data Operations is aligned to the Chief Data Office (CDO) which is responsible for improving the quality, integrity and reliability of the firm’s critical data.
The organization’s objectives are to explain the path that critical data follows, improve data quality, reduce ambiguity and inconsistent terminology, enhance transparency, rationalize the number of replicated data assets, and improve firmwide sharing of information and best practices.
The CDO serves as the governing body to create Firmwide standards that drive consistent data management practices, develop technologies and processes to support data management processes, partner with lines of business and functional groups to embed data management best practices and capabilities, and ensure sustainability by refining, measuring, and improving the firm’s ability to manage data.
Description of role, functions and activities
Instrument, Pricing & Common Reference Data is an operating unit center of excellence providing a global asset pricing service to multiple lines of business across J.
P. Morgan as one of its three core offerings.
The Index Calculation Agent team in Warsaw is responsible for the daily valuation of fixed income instruments included in the JP Morgan’s global fixed income flagship benchmarks, covering both developed and emerging markets.
The team manages and runs the index calculation engine used for daily and monthly index operations, client reporting and publication generation.
The team is also responsible for tracking market events, affecting bond price movements.
The team interacts daily with the Global Index Research Group, a part of the JP Morgan Corporate Investment Banking Research, across its global footprint (in New York, London and Asia) to ensure that the index processes, requests and systems are operating efficiently.
Functions performed by the wider team in CIB include : Fixed Income market research to produce robust cutting-edge benchmark products and custom solutions for institutional investors and ETF providers, across the globe;
Client interaction for strategic queries on index products; Commercialization of index services and analytical tools to buy-side clients and vendors;
Implementation of new index analytics tools and platform for better client service.
This role will be developing one with responsibilities at the beginning focusing on creating Warsaw footprint for the functions and evolving into process and people management and development.
Key Responsibilities and Skills :
Daily third-party price capture & validation of bond prices versus multiple market sources
Analyze price movements against market news and expectations
Liaise with pricing vendor to resolve issues and minimize risk
Monitor systems for related job success and resolve issues by working with technology teams
Prepare and send daily pricing and market impact summaries with supporting market news
Generate and maintain month-end Index rebalance and composition reports by garnering information on new bond issuance and auction / buy-back activities
Produce and analyze valuation movements within client portfolios on a daily and monthly basis
Complete all daily, monthly, and ad-hoc tasks and reporting as required accurately and to deadline
Resolve client (Global Index Research Group) queries promptly and professionally
Participate and present in client monthly meetings
Escalate all issues promptly and effectively to supervisor
Contribute to ongoing developments of the pricing control process
Ad-hoc project work as directed
4-5 years of experience in Fixed Income, Fund Valuation, Pricing or other related roles
Previous experience in managing teams
Demonstrate an understanding and interest in stocks, bonds, options, and financial markets and products
Knowledge of industry activities - particularly corporate actions, index benchmarking, stock markets and fixed income products
Pricing vendor knowledge, i.e. Pricing Direct, Bloomberg, Reuters
MS Excel skills, including pivot tables and v-look ups
Mathematical mindset demonstrating strong numerical skills
Strong analytical / problem solving skills and attention to detail
Self-motivated and proactive with the proven ability to work accurately and under pressure to meet deadlines
Demonstrate ability to effectively communicate within a team environment and interact across departments
Ability to work independently and multi-task in a fast paced environment
Strong database / SQL knowledge a plus
Familiarity with statistical analysis and time series data a plus
Demonstrate customer focus and follow-up skills
The role holder will be required to operate primarily late working hours (expected 1pm -9pm)
Bachelor degree with preference in Finance, Accounting, Economics, Mathematics, Computer Science, Engineering or related field.