Valuation Analyst II

Jackson•Chicago, IL

4d•$75,000 - $93,000•Onsite

About The Position

The Valuation Analyst II performs many of the key aspects of the valuation process for a complex line-up of registered mutual funds that support Jackson's variable annuity products. The Valuation Analyst II works closely with internal and external partners, as well as many of the mutual fund industry's top investment advisors, to ensure the accurate processing of various Operational activities related to complex securities and derivatives. The Analyst must be able to operate independently, be willing to embrace new technologies, and demonstrate understanding of a wide range of security types.

Requirements

Understanding of valuation techniques and principles.
General knowledge of financial markets and complex securities.
Strong PC skills including Microsoft Word, Access, Excel and other relevant department software.
Demonstrates the ability to effectively collaborate across departments.
Solid written and verbal communication skills; Ability to communicate effectively with peers and management.
Strong time management and organizational skills; Proven ability to prioritize and multi-task effectively.
Proactive in self-development and provides meaningful feedback to superiors regarding progress and goal setting.
Solid analytical and problem-solving skills.
Bachelor's Degree in accounting or finance required.
2+ years of related work experience required.

Nice To Haves

Progress towards CFA, CPA or Bloomberg preferred.

Responsibilities

Responsible for accurate and timely submission of prices for all securities into the accounting system.
Researches and validates all significant market value movements and provides appropriate support.
Oversees the set-up and proper valuation of all newly created derivative positions (including interest rate swaps, swaptions, credit default swaps, OTC options, etc.).
Determines appropriate valuation techniques for securities without an active market and measures the accuracy of those techniques.
Monitors and analyzes the performance of external pricing vendors.
Coordinates and communicates with brokers, sub-advisors and vendors to ensure consistent pricing.
Analyzes the valuation process and determines ways to increase operational efficiencies.
Responds to inquiries from accounting staff on pricing and security set up issues.
Creates various daily and month-end reports.
Researches and resolves ad-hoc requests from management and other departments.
Performs other duties and/or projects as assigned.