Assistant Vice President, Product Services Analyst recruitment
Company overview
Markit is a leading, global financial information services company with over 2,300 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. Its client base includes the most significant institutional participants in the financial marketplace. For more information, please see www.markit.com
Department
Reference Entity Database (RED)
Department overview
Markit RED is the market standard for Reference Data. RED provides critical information on CDS reference credits that enables financial institutions to efficiently confirm trades and manage their positions. The information maintained and provided by RED is supported by a global Product, Operation and Development team located in London, Delhi and NY.
Duties accountabilities
• Data operation:
-Reference data verified through proven processes.
-Capturing corporate actions of reference entities with their debt movements (includes Merger Acquisition, Spin-off and De-merger etc.)
-Establish the relationship between the reference entity and the reference obligation, in terms of issuer/guarantor
-Unique alphanumeric RED codes assigned to all reference entities and reference obligations
-RED data available via web interface and XML download for subscribing clients
-Support and cover team members activities as and where required.
-Performed Coverage checks on the client’s portfolio.
-Responsible for Markit iTraxx (Europe Asia) Markit CDX (US) index roll-over, providing the highly liquid constituents for index family, confirmed by participating leading investment banks.
• Coordinate and communicate with London and US based team members in order to achieve the stated objectives
• Documentation: Ensure process documentation is maintained
Education and experience
• A Post graduate degree or MBA in finance
• Preference on 2-4 yrs Financial Industry experience
Commercial awareness
• An understanding of financial markets would be an advantage
Personal impact
• Conscientious
• Disciplined
• Eager to participate and learn
• Flexible and able to adapt to changing situations
• Strong work ethic
• Ability to multi-task and perform effectively under pressure
Communication
• Strong communication skills – verbal and written in order to accurately communicate with users of all levels of seniority, globally
Teamwork
• Strong team player
The closing date for this role is 1st April 2012.