Fixed Income Valuations, Senior Manager – New York recruitment

The Pricing Senior Manager oversees the daily valuation process of several types of fixed income and equity exchange traded and OTC market instruments and quality control of the entire pricing system.

Responsibilities:
-Ensure that securities are adequately priced using pricing best practices.
-Resolve daily independent price testing tolerance breaks.
-Assist in the development of policies, procedures and documentation to evidence the effectiveness of the valuation governance control environment, as well as to administer tolerances used for valuation and price testing.
-Support the identification of areas where models are not adequate for the product being supported and help identify new valuation techniques as necessary.
-Report and escalate problems relating to price testing tolerance breaks and collateral issues that require adjustments which have been escalated.
-Document and monitor vendor price challenges.
-Manage the implementation of new pricing models and other departmental projects.
-Develop business requirements and review functional specifications needed to support the implementation of system enhancements and new projects.

Experience:

◦7+ years of directly related experience.
◦Exposure to various trading products within fixed income, including cash and derivative instruments.
◦Strong working knowledge of futures, options, and derivative instruments, preferred.
◦Capital markets experience preferred.
◦Experience with fixed income valuation methodologies for both cash and derivative instruments

Knowledge/Skills:

◦Superior knowledge and understanding of products cleared and settled through the complex.
◦Superior analytical, problem-solving and decision-making skills.
◦Ability to perform and document independent price verification analysis.
◦Ability to provide a broad-based view of issues and an understanding of their long-term impact and implications.
◦Ability to work well under pressure.
◦Demonstrated leadership ability in a team-oriented and collaborative environment.
◦Superior communication skills, both oral and written.
◦Ability to build relationships and elicit cooperation from a wide variety of sources, including management, clients, other departments, and vendors.
◦Demonstrated integrity within a professional environment.
◦Experience with Bloomberg and Reuters a plus.