Complex credit derivative valuation & review for a global investment bank
Responsibilities:
Reviewing transaction documentation to ensure that the characteristics and mechanics of trades are correctly represented.
Identifying any economic risks and follow up with the trading desk.
Coordinating with technical accounting specialists in interpreting and quantifying the impact of certain accounting standards on the businesses.
Resolve modeling and valuation issues.
Ensure P&L recognition is based on rational market assumptions and establish reserve policies against volatility.
Provide guidance to middle office in bookings and P&L calculations.
Requirements:
6-8 years relevant work experience with a minimum of 2 years in Credit Derivatives or Emerging Markets.
Strong quantitative background and understanding of the pricing mechanism of credit products, including the direction of change in P&L if different assumptions are used in model inputs.
Broad exposure to credit derivative products, including CDO, negative basis trades, CPPI and CDS on ABS.
Strong understanding of structured derivatives, front to back flows and valuation/accounting.
Financial or quantitative undergraduate or post graduate degree. CFA / MBA preferred
For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com
Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com
Ashton Lane Group® “A trusted advisor throughout your career”
A
trade automation, connectivity and compliance solution, the SunGard
Transaction Network (STN) links institutions throughout the financial
services community to facilitate end-to-end transaction processing.
With
more than 4,500 client firms in 60 countries managing more than $12
trillion, Advent has established itself as a leading provider of
mission-critical applications for investment management operations of
all sizes and strategies.
QUMAS
is a global compliance software company offering a complete Enterprise
Governance, Risk and Compliance solution with over 250 customer
deployments.
Belzberg
Technologies has been at the forefront of the electronic trading
evolution from the very beginning, and continues to provide world-class
service, execution and technology to the securities industry.
