Data Operation - Associate

About the Company

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 businesses 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 worlds most prominent Corporate institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co is available at

About the Team

The Index Calculation Agent team (ICAT) in Mumbai is responsible for the daily valuation of fixed income instruments included in the JP Morgans 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.

About the Business

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.

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

Good understanding of fixed income securities and its characteristics

Liaise with pricing vendor to resolve issues and minimize risk

Monitor systems for related job success and resolve issues by working with technology teams if any failures

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 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

6 years of experience

Ad-hoc project work as directed

Working experience with different vendors- Bloomberg Reuters

Having technical skills (Python VBA SQL etc.) is an added advantage