Derivative Valuation Analyst
About The Position
AllianceBernstein is looking for a proactive, detail-oriented Derivative Valuations Analyst to help manage the daily pricing of our complex OTC derivatives. You will sit at the center of Operations, Portfolio Management, Risk, and IT, ensuring our global investment teams have the accurate valuation data they need to make decisions. This role is the engine of our OTC daily pricing operations. Much of your day will be spent involved in detailed validation, investigating data anomalies, and communicating across teams. We are looking for someone who takes natural ownership of their work. The role requires proactive identification of pricing anomalies, independent price and curve verification, root-cause analysis and clear data-driven escalations to key stakeholders.
Requirements
- Bachelor’s degree in Mathematics, Engineering, Computer Science, Quantitative Finance.
- 0 to 4 years of experience in OTC pricing, operations or middle-office roles.
- Attention to Detail: You take pride in your accuracy and have the focus to execute detailed validations reliably, even when working against strict daily market deadlines.
- Clear Communication: Ability to explain complex pricing or data issues simply and clearly for a variety of audiences.
- Intellectual Curiosity: A natural drive to question how systems and models work, taking the initiative to test things on the side and learn underlying mechanics rather than blindly following a checklist.
- Proactive Ownership: A strong sense of initiative to independently and proactively resolve system issues or feed failures, deploying a practical workaround to keep pricing moving forward and suggesting a longer-term permanent solution.
- Advanced Excel skills are mandatory.
Nice To Haves
- 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.
Responsibilities
- Manage the daily derivative pricing process by validating models across all OTC products, catching exceptions, and resolving discrepancies before they reach the investment teams or external clients.
- Serve as the primary contact for daily pricing questions.
- When data looks unusual, investigate the underlying market data and provide clear, straightforward explanations to Portfolio Managers, Risk, Audit, and external partners.
- Maintain the integrity of our internal controls by tracking market events and regulatory shifts, ensuring our valuation processes consistently meet compliance standards.
- Work with secondary pricing sources and external vendors, such as Bloomberg, to compare data and ensure reliable quality controls.
- Take advantage of opportunities to use tools like Python or VBA to automate repetitive tasks, making the team’s daily workflows smoother and more efficient.
- Model, test, and validate new OTC markets, vendors, strategies, and instruments as they are onboarded by the firm.
Benefits
- We are fully invested in you.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
