Description
Valuations Specialist, Pricing, Methodology, FICC Emerging Markets
Bank of America Merrill lynch is looking to appoint an Experienced Finance Professional to work in their FICC emerging markets team on an initial contract basis
Pricing, IPV, Fair Val's methodology, London, Contract
Description: Pricing and Valuation Control for the Finance team within Global Banking and Markets division.
Decision-Making Authority: Independently decide on the assessment of market value, fair value hierarchy, and valuation adjustments for the exposure across the products/asset classes of specialization.
Key responsibilities
- Conduct pricing and valuation on credit portfolio
- Build and/or maintain spreadsheets to independently value complex credit derivatives
- Collaboration with rates/FX finance teams to aid in valuation control efforts
- Discuss with traders and managers on pricing of a position and resolve pricing discrepancies
- Present the pricing result to senior manager and auditors
- Management reporting and analysis
- How much direction from management is needed: Periodic reviews. High level of involvement whenever items are escalated.
- Work deliverables or outputs
- Price Testing variances and outliers and the plan to mitigate them, Fair Value Hierarchy classification levels, Valuation Adjustments. Dynamic management of methodologies, procedures and framework. Required Credentials/Skills
- Bachelor Degree required
- Strong Financial analytics and Enterprise valuations experience
- Financial industry/banking experience
- Advanced experience/skills with Excel and complex spreadsheets
- Candidate must be able to work both independently and as team member
- Ability to interact with auditors and assist management in regulatory matters
- Strong communication and presentation skills
- Strong problem solving and analytical abilities (Excel)
- Understand company debt and derivative valuation methodology
Skills and competencies
Desired Credentials/Skills
- Masters Degree preferred
- Global Markets experience
- Experience with Bloomberg
- Control focused, analytical, team oriented, comfortable with complex products
- CFA is a plus
- Prior experience as an underwriter, credit analyst or desk analyst
- Knowledge of Emerging Markets a plus
- Advanced knowledge of Valuation of complex derivatives and corporate debt/loans valuation
Top Required Skills
- Understanding of derivative and debt/loan valuation
- Control mind-set
- Strong communication - oral and written
If you wish to apply for the above position, please call me or email on Martin Solutions
Please be advised if you haven't heard from us within 24 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.
Pontoon is a global HR outsourcing company specializing in improving an organization's talent. We manage the contingent workforce and statement of work resources on behalf of our clients, as well as source and recruit direct hires. Pontoon's approach results in significant cost savings and revenue improvement, increased worker quality, workforce insight and greater regulatory compliance. A division of Adecco with operations in nearly 100 countries and with more than 1,500 colleagues worldwide, the Jacksonville, Florida-based organization delivers solutions to more than 150 industry-leading companies.