Valuations Supervisor / Manager Drogheda

Our Company

State Street Corporation (NYSE: STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $25.74 trillion in assets under custody and administration and $2.15 trillion in assets under management as of June 30, 2013, State Street operates globally in more than 100 geographic markets and employs 29,225 worldwide. For more information, visit State Street's website at www.statestreet.com.

Promoting a culture of excellence

With more than 29,225 employees across 29 countries, at State Street, our people are our greatest asset. We recognize that highly skilled, engaged and productive employees are essential to our success. Our company values reflect our commitment to employee engagement, Global Inclusion and corporate social responsibility -- to help you build a fulfilling career. Around the world, we aim to be an employer of choice by offering competitive compensation and benefits, personal and professional development opportunities, and a work environment that promotes a diverse array of people, ideas and skills.

We're a company that insists on, and rewards, performance excellence. We know our success hinges on attracting the best people to join us -- people like you.

We encourage you to explore the possibilities that a career at State Street can offer you.

State Street is committed to embracing diversity and inclusion in the workplace.

 Job Description:

As manager on the Ireland Pricing team, the successful candidate will be responsible for ensuring that OTC product pricing for a number of different clients is generated on time and is accurate, pricing queries from Back Office colleagues/Client are addressed, etc.

The candidate should have a good working knowledge various OTC product types as well as an understanding of the pricing inputs used in the valuation of such products.

OTC Products include Credit Default Swaps, Variance/Volatility Swaps, FX Options and various forms of Interest Rate and Currency Swaps.  

Good communication skills are required as the role will involve communication with the NY pricing team as well as clients and Back Office colleagues. Strong problem solving, VBA and Excel skills are preferable as well as a good working knowledge of Access/SQL as troubleshooting and development of macros are a large part of the job.

 Daily Tasks:

  1. Daily review of trade booking of interest rate derivatives (swaps, caps, floor, swaptions, FRA), credit default swaps, and FX options.
  2. Analysis of profit and loss based on market changes (yield curves, FX rates, spread changes, etc.)
  3. Perform pricing of OTC derivatives using financial models – i.e. Black Sholes,
  4. Yield curves bootstrap
  5. Work with developers to write up business specifications
  6. Understanding of valuation methods or risk management techniques
  7. Value At Risk -V.A.R
  8. Greeks
  9. Plays key role in development and maintenance of pricing applications, analytics and reporting services.
  10. Assist on specifying new functionality for further operational improvements/efficiencies.
  11. Review swap curves and volatility data.
  12. Provide support address client inquiries; demonstrate firm understanding of the product to end users.
  13. Assist in the on-boarding of new business wins.
  14. Supporting Assistant Vice Presidents in developing implementation of specifications that  enhance  risk product and lead to operational efficiencies
  15. Knowledge of the software development

Requirements:

November 19, 2013 • Tags:  • Posted in: Financial

Leave a Reply

You must be logged in to post a comment.