Director of Interest Rate Derivatives Valuations- NY, USA or London, UK. recruitment
This global and rapidly expanding Financial Services company works with the most significant institutional participants in the financial market place and they are seeking somebody to join one of their key revenue generating groups.
They are expanding significantly and have increased headcount by over 30% this year with plans to increase at a similar rate over the next few years.
If you wish to work in an entrepreneurial environment, where the work you do is valued and you are appropriately rewarded for this, both in terms of compensation and meritocratic career progression then this is the ideal opportunity for you.
This group provides an independent valuation service to buy-side institutions globally, covering vanilla and exotic derivatives, cash instruments and structured notes across all asset classes and this firm is currently the market leader in this space.
Our client is looking for a product team lead with a strong understanding of the interest rate markets and experience in the valuation of vanilla and structured interest rate derivatives.
• Taking responsibility for all aspects of the valuation of interest rate products for clients, including:
• Leading and managing the product development for all vanilla and exotic interest rate instruments from the perspective of market data, analytics, client interface and commercials
• Leading a small team of interest rate product analysts across London, NY and Singapore
• Applying best practice to the construction of yield curves and volatility surfaces
• Responsible for accurate and reliable valuation of vanilla and structured interest rate derivatives in the automated and bespoke valuation frameworks
• Working with the technology group to incorporate pricing models developed by the quantitative analytics team into the automated valuation framework
• Interpreting and valuing structured interest rate notes and developing bespoke analytics for pricing non-standard exotic IR instruments
• Supporting the operational team in dealing with more complex client queries and providing expertise to the sales team to win new client mandates
• Specifying, testing and enhancing the existing analytics and technology framework to ensure accuracy and reliability of existing valuations and meeting client requirements
• Testing, calibrating and validating quantitative models for exotic interest rate products against observable quotes
• Interfacing with existing and prospective clients to explain the business’s commercial offering and valuation methodologies
If you would like to apply for this position please could you send a fully up to date resume to quantexotic@selbyjennings.com or please call +442070194137 to discuss the role further. 100% Discretion is assured.