Vice President, Credit Data 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.
Department overview
The team supports Markit’s core data products, including the Markit CDS pricing service - an industry benchmark for CDS pricing data used by over 500 institutions for mark-to-market, risk control and research. The team also manages the Markit CDX and Markit iTraxx family of indices, which are some of the most actively traded products in the credit derivatives market.
Other areas of involvement include CDS clearing, CDS compression and the administration of Credit Event Auctions.
Duties accountabilities
- Responsible for the operations of Markit’s index pricing services for iTraxx Europe, Asia and SovX credit indices.
- Responsible for the maintenance of reference data for iTraxx Europe, Asia and SovX credit indices. Including managing the operational activities around index rolls and reversioning.
- Identification of opportunities to enhance Index pricing service.
- Implementation of Corporate Actions for Markit’s CDS Pricing service.
- Review and maintenance of CDS Trading Convention data.
- Undertaking data quality improvement initiatives.
- Undertaking operational process improvement initiatives.
- Providing technical support for both clients and internal groups – eg, explaining the roll process and pricing methodologies.
- Assisting product managers with ad hoc data analysis.
- User-acceptance testing on new or enhanced product functionality.
Business competencies
Education and experience
- Degree in Economics, Finance or Business preferred. Candidates with more technical backgrounds will also be considered.
- Knowledge of Excel / VBA / SQL is preferable, but not essential.
Commercial awareness
- Must have general interest in financial markets, and be keen to expand knowledge of derivatives.
- Knowledge of credit derivatives desirable.
Personal competencies
Personal impact
• Intelligent and highly numerate.
• Must be detail oriented.
• Must have a high level of initiative and methodical problem solving skills.
• Be flexible and adaptable to new challenges.
Communication
- Strong skills required to be able to interact professionally with external clients and across business units within the company.
Teamwork
- Must be a willing team player – both within his/her immediate team and within looser project teams.
- Be able to work well independently.
The closing date for this role is 12th March 2012.