Portfolio Pricing and Valuations Analyst

Millennium•Miami, FL

3d•$160,000 - $250,000

About The Position

We are seeking a skilled and detail-oriented professional to join our team as a Portfolio Pricing and Valuations Analyst. The successful candidate will play a critical role in maintaining and enhancing the firm's pricing and valuation infrastructure for equity derivative products, with a focus on volatility, vanilla, and exotic products. The candidate will be a key contributor in the review and validation of pricing models and methodologies, the analysis and explanation of P&L, and the onboarding of new and complex products.

Requirements

5+ years of professional experience in a relevant role such as equity derivatives trading, trader assistant, risk management, product control, or valuations
Advanced degree in a quantitative discipline preferred
Deep knowledge of Equity Derivative products including vanilla options, variance/volatility swaps, TRF/TRS, dividend swaps, and exotic products — with particular emphasis on volatility products
Strong familiarity with P&L explanation and attribution in an equity derivatives context
Demonstrated ability to understand, evaluate, and test complex pricing methodologies
Programming experience (Python, VBA, etc) needed with a focus on data analysis.
Proficiency with Bloomberg and Reuters and other market data sources
Experience engaging and collaborating with technology and quant teams to drive system enhancements
Highly detail-oriented with strong ownership, sound judgment, and the ability to prioritize in a high-pressure environment

Responsibilities

Oversee and enhance the configuration of internal systems and calibration of pricing models for equity derivative products.
Source, validate, and analyze market data, including external volatility surfaces and curves, to ensure accuracy and integrity of marks.
Maintain intraday and end-of-day pricing procedures and controls.
Responsible for publishing and signing off on the firm's official end-of-day marks, surfaces, and curves across equity volatility and exotic products.
Analyze and explain daily P&L, decomposing performance into its key drivers: Greeks-based attribution, idiosyncratic events, and trading activity.
Identify, investigate, and resolve breaks in collaboration with trading, risk, and finance.
Prepare attribution reports for senior management and run ad-hoc analysis when required.
Evaluate and test pricing and marking methodologies proposed by quant or vendor teams.
Provide practitioner-level feedback on model assumptions, calibration approaches, and operational applicability.
Oversee the setup and integration of new equity derivative products into the firm's infrastructure, coordinating across technology, quant, risk, and portfolio management.
Act as a senior point of contact for portfolio managers on pricing, valuation, risk, and product setup matters.
Coordinate across departments to resolve issues efficiently.