P&L Valuations Analyst
About The Position
We are seeking an Intraday P&L Specialist to work as part of our P&L Valuations team in New York. This is an exciting opportunity to support the growth of our discretionary macro & fixed income strategy. This role collaborates closely with groups across the firm including Portfolio Managers, Treasury, COO team, Operations, Risk, Quants, and Technology. What you’ll do Work closely with the Front Office system (Clarion), and the firm’s inhouse analytics to provide accurate, real-time P&L and fair value validation during the trading day. You will act as the first line of defense for valuation integrity, enabling Portfolio Managers and Risk to make time-critical decisions.
Requirements
- A bachelor's degree with 3 - 5 years of experience in Valuations/Product Control, ideally with a focus on intraday P&L
- Team player, proactive and willing to take on additional responsibility
- Strong pricing and valuation knowledge of vanilla and structured derivatives across credit, FX and interest rate asset classes
- Deep understanding of P&L attribution and valuation methodologies (e.g. mark-to-market, models)
- Experience with market data sources e.g. Bloomberg, Refinitiv, ICE, Markit, TradeWeb
- Excellent communication: able to translate quantitative drivers into concise commentary for PMs and management
- Ability to challenge portfolio managers while maintaining strong relationships
- Meticulous attention to detail balanced with ability to prioritize material issues
- Continuous-improvement mindset – automation of manual processes
Nice To Haves
- Prior intraday P&L experience at a buy-side firm
- VBA and/or Python knowledge
Responsibilities
- Owning the intraday pricing, valuation and P&L reporting processes
- Ensuring accuracy of market data feeds including building/specification of controls to highlight outliers and spikes
- Perform independent price verification for listed & OTC instruments using market data, broker quotes, curves, and models
- Escalation of valuation discrepancies
- Liaise with Portfolio Managers, Trader Assistants and Operations on trade amendments, life-cycle events, and corporate actions that affect intraday valuations
- Input into set up and build of curves and surfaces – vendor, instruments used etc
- Support new products onboarding and relevant market data feeds
- Collaborating with T+1 P&L and Valuation team to ensure accurate adjustments and subsequent T+1 P&L reporting
- KPI tracking – accuracy of intraday P&L, reduction in T+1 manual adjustments etc
- Relevant projects
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
501-1,000 employees
