Derivative Valuation Analyst
AllianceBernstein
About the Role
AllianceBernstein is looking for a proactive, detail-oriented Derivative Valuations Analyst to manage the daily pricing of complex OTC derivatives. This role sits at the center of Operations, Portfolio Management, Risk, and IT, ensuring global investment teams have accurate valuation data.
Key Responsibilities
- Manage the daily derivative pricing process by validating models across all OTC products, catching exceptions, and resolving discrepancies.
- Serve as the primary contact for daily pricing questions, investigating unusual data and providing clear explanations to Portfolio Managers, Risk, Audit, and external partners.
- Maintain internal controls by tracking market events and regulatory shifts, ensuring valuation processes meet compliance standards.
- Work with secondary pricing sources and external vendors, such as Bloomberg, to compare data and ensure quality controls.
- Use tools like Python or VBA to automate repetitive tasks, improving daily workflows.
- Model, test, and validate new OTC markets, vendors, strategies, and instruments as they are onboarded.
Requirements & Tech Stack
- Advanced Excel skills are mandatory.
- Familiarity with Python or VBA is needed, but not required on day one.
- Prior exposure to Bloomberg, ICE IPA, Calypso, or SIM Corp is a distinct advantage.
Qualifications
- Bachelor’s degree in Mathematics, Engineering, Computer Science, or Quantitative Finance.
- 0 to 4 years of experience in OTC pricing, operations, or middle-office roles.
- Attention to Detail: Accuracy and focus to execute detailed validations reliably under strict daily market deadlines.
- Clear Communication: Ability to explain complex pricing or data issues simply and clearly for various audiences.
- Intellectual Curiosity: A drive to question how systems and models work, with an initiative to test and learn underlying mechanics.
- Proactive Ownership: Initiative to independently and proactively resolve system issues or feed failures, deploying workarounds and suggesting permanent solutions.