Senior Associate, OTC Valuations
Employment Type Full time
Category Accounting & Finance
Job Description

GlobeOp Financial Services (GFS) delivers independence, choice and flexibility to the specialized middle and back office, administration and risk measurement needs of hedge funds, fund of funds, family wealth managers, institutional investors, proprietary trading desks and corporate treasury departments.
We are looking for a Senior Associate who will assist with the daily pricing validation for all OTC derivative instruments. The successful candidate will be using existing processes as well as developing new models where appropriate. In addition, you will manage the daily, month and quarterly tasks for direct clients in a timely manner, escalating where necessary to Management or the client.


Responsibilities:

  • Daily price validation for all OTC derivative Instruments using existing processes and developing new models when appropriate
  • Create and maintain derivative assets on numerous internal systems in line with business and market/industry requirements
  • Leadership of new ideas and initiatives to improve performance and controls around OTC derivative pricing within the team.
  • Review monthly OTC valuation recs to determine fair value of OTC portfolio for inclusion in published NAV
  • To work to the agreed client deadlines and manage expectations accordingly
  • Work with global counterparts (Pricing and Fund Accounting)
  • Work with individuals on maintaining and building relationships with Prime Brokers, Counterparties and Clients
  • To be the resource for, and provide input to, all projects impacting the valuations business and requiring OTC derivative pricing expertise.
  • Work with the business to develop existing data attributes to support new business requirements, including process re-engineering.
  • To help collate and produce Management Information Statistics

Skills & Knowledge:
  • Masters in Finance or equivalent professional qualification
  • Understanding of applied mathematics in derivative products
  • Organisational skills with drive and ambition to see projects and daily tasks through.
  • Ability to perform investigation of Quantitative models and Pricing Discrepancies
  • Working Bloomberg, Reuters and Kondor knowledge

Experience:
  • Previous experience in OTC Derivatives Valuation
About GlobeOp

GlobeOp Financial Services (LSE:GO.) is an independent financial administrator specializing in middle+back office services and integrated risk-reporting to hedge funds, asset management firms and other sectors of the financial industry -- including banks, insurance companies, pension funds and corporate treasuries.

By outsourcing to GlobeOp, clients can reduce their technology investments and operational risks, while increasing their focus on asset generation and portfolio management. Established in 2000, GlobeOp's innovative scope of services is engaged by more than 190 clients worldwide. Headquartered in London and New York, GlobeOp employs over 1,500 people on three continents through its 10 offices in the Cayman Islands, India, Ireland, the UK and U.S.