Derivatives Pricing Analyst

Badenoch & Clark Ltd
United Kingdom
£300 - £450 per day
04 Oct 2017
05 Nov 2017
Contract Type
Full Time
Badenoch and Clark are currently recruiting for a London based Investment Management firm who are looking to recruit a Derivative Pricing Analyst on a 12 month Maternity cover. The ideal candidate will have minimum of 5 years Derivatives experience from the Buyside, Strong Stakeholder Management experience, and a thorough understanding of Investment products and must be studying or already achieved a Financial Qualification. Responsibilities - To ensure that the calculation of the total value of OTC trade exposures, in line with the conditions stated in the transaction documentation (ISDA Agreements and Credit Support Annexes) for specified clients, is properly undertaken. - To build and develop models for the pricing methodology and requirements for new instrument types entered into by the fund managers, ensuring that all derivatives valuation platforms provide accurate pricing calculations. - To liaise with counterparties and other Operational areas to resolve queries and overcome operational difficulties. - To update and maintain records on relevant systems to enable valuation, accounting and monitoring activities to be accurately completed for daily priced clients in line with agreed deadlines. - To prepare and distribute reports providing management information on outstanding trades, analysis of positions, price queries and issues resolved or still to be resolved. - To identify changes required to task lists, procedures manuals and risk controls, and advise the Pricing Manager accordinglyTo communicate with, assist and advise Front Office, Investment Risk, Investment Operations and other staff on derivative activities and pricing approach and methodology. - To act as the first point of escalation for respective day to day issues, ensuring that the Pricing Manager are aware of current position and action being taken to address the issues. - To participate in Derivative Pricing projects including new instruments, new clients and new vendors as well as projects that provide efficiencies and automation. Actively managing these in line with expectations. Ensuring that the Pricing Manager is aware of current status, issues arising and expected delivery date. To be considered for this Derivatives Pricing Analyst position you must have' - Good experience in portfolio administration covering a wide range of operational functions - Highly numerate ideally with experience of modelling and pricing vanilla & complex interest and inflation rate derivative products or similar products - Detailed experience and understanding of the Credit Default Swaps, Total Return Swaps and OTC options - Accurate and timely delivery of work in a deadline sensitive and pressured environment - Eagerness to develop new skills and learn functions - Self disciplined, organised and self motivated - Good written and verbal communication skills - Team player who is flexible in their approach to work
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