This is an exciting opportunity for someone who is highly motivated to work in an innovation-focused team and to contribute to our Corporate & Investment Bank business.
As a Pricing Direct Evaluator – HY Associate, you will join a revenue-generating team that provides independent pricing and analytics for millions of fixed income and derivative instruments, utilizing real-time market intelligence from buy-side and sell-side market participants. You will play a crucial role in providing accurate and insightful valuations, which are essential for our clients' investment decisions and risk management strategies.
Job responsibilities
- Generate daily valuations of high yield credit products for multiple market closes, entailing start-to-end responsibilities. This includes market data collection and analysis, price generation, quality control, and dealing with client queries.
- Develop and maintain sophisticated models or matrices, aiming to improve pricing and quality control processes. Update data and generate reports via extensive coding in python and or VBA.
- Collaborate with trading desks, market participants, and research teams to enhance market knowledge and understanding of market pricing.
- Address all client concerns daily with an emphasis on providing first-class service and quality, whether via emails, calls, or in-person meetings.
- Explore new areas of product growth with a focus on autonomously developing innovative ideas and solutions.
- Assist teams with presentation materials, slide decks for conferences, webinars and timely execution of ad-hoc projects.
Required qualifications, capabilities, and skills
- 2+ years of experience in fixed income.
- Firm understanding of the principles of fixed income, cashflows, various bond and loan types, including convertibles.
- Strong coding skills in python and VBA, advanced excel knowledge.
- Experience using Bloomberg or Reuters Eikon terminals.
- Ability to collect and analyze large amounts of market information, extract its essence, and incorporate the findings into valuation matrices and processes.
- Clear, logical thinker with strong quantitative abilities.
- Ability to thrive in a fast-paced environment of real-time market pressures, remaining focused on client needs.
- Bachelor's degree or higher, ideally in Finance, Accounting, Statistics, Economics, Finance.
Preferred qualifications, capabilities, and skills
- Experience with pricing, evaluating syndicated term loans, private credit, high yield corporates or convertibles, is strongly preferred.
- Familiarity with pricing methodologies and structures of different fixed income instruments (corporate bonds, emerging markets, some securitized products) is ideal.
- Knowledge of various machine learning models and tools is a plus.
- Great communication skills, both oral and written.
- Progress towards CFA helpful, but not immediately required.