Senior Analyst/Manager- Valuation

Posted: 2026-10-26

- Design, build, and maintain independent pricing models for CDS, IRS, government and corporate bonds, and inflation swaps (zero-coupon and year-on-year), incorporating appropriate curve construction, discounting, and day-count conventions.

- Perform daily, weekly, and month-end Independent Price Verification (IPV) by comparing internal/front-office marks against independent market data sources (e.g., Bloomberg BVAL, IHS Markit, ICE Data Services, Refinitiv) and internally derived model prices.

- Investigate and resolve pricing breaks and tolerance exceptions; document root causes, assumptions, and remediation in line with the firm's valuation policy. Provide explanation of PNL attributable to different components of pricing.

- Calibrate and stress-test yield curves, credit curves (hazard-rate stripping), and inflation curves used across the pricing library; validate model outputs against theoretical and market benchmarks.

- Prepare valuation reserve and fair-value hierarchy (ASC 820 / IFRS 13) analysis and support quarterly valuation committee packs for client funds.

- Partner with trading, risk, product control, and technology teams to enhance and automate the valuation model library, improving accuracy, coverage, and turnaround time.

- Support internal and external audit, regulatory, and client due-diligence requests by providing clear, well-documented explanations of pricing methodology.

- Contribute to process improvement and automation initiatives, including migrating manual valuation workflows to Python/SQL-based tooling.

- Rates & Credit Derivatives: Interest rate swaps, basis swaps, swaptions, credit default swaps (single-name and index), total return swaps.

- Inflation Products: Zero-coupon and year-on-year inflation swaps, inflation-linked bonds.

- Fixed Income: Government and corporate bonds, floating rate notes, convertible bonds, and other cash instruments.

- 3–6 years of experience in valuation, independent price verification, product control, or quantitative risk — at an investment bank, hedge fund, asset manager, fund administrator, or independent valuation vendor.