| Job Description: |
General Description: Responsible for more complex finance activities involving implementation of strategic plans, profitability analysis, forecasting and financial reporting for a business unit or associate area. Supports achievement of business goals by working on more complex activities or projects with others within the unit and with partners. Leads projects and coordinates resources. May provide supervision to a small staff. Can manage partner relationships.
Specific Job Description:
PVG Equity seeks a person to help achieve its objectives. PVG tasks include independent price testing of firm inventory, review of valuation adjustments, review of new deals and analysis of the daily P&L. The group in NY consists of a manager and two analysts.
Global Markets is a premier provider of sales, trading, structuring and advisory services to money managers, hedge funds, pension funds, endowments, financial institutions, governments and corporations around the world.
The Equity Business is ranked in the top 3 globally across most major Equity markets. Our Global Markets business has a major presence in the Americas, Europe, the Middle East, Africa and the Pacific Rim, serving clients in virtually all countries. We provide our clients with ideas and market insights, trading services, analytics and new products across a broad spectrum of asset classes - ranging from interest rate and credit products, foreign exchange, real estate and commodities to cash equities and equity-linked - all with the goal of enabling our clients to maximize their performance.
This is an opportunity to play an important role in the daily activities of a dynamic group of highly regarded valuation professionals covering all equity linked products in the Americas. This role will suit an individual who seeks a career with a leading global financial organization.
PVG Equity is responsible for:
- Independent price testing of trader marks for the equity derivatives portfolio.
- Reporting test results in good form to the business units, finance and regulators.
- Validation of valuation adjustments and reserves.
- New deal review process as it relates to price testing and valuation policies.
On a daily basis, the Analyst will:
- Perform price verification work utilizing Excel Spreadsheets, Pivot Tables, Internal Trading Systems, and related technology.
- Analyze testing results and organize data into useable form.
- Work with team members to produce periodic reports and respond to ad-hoc requests.
- Coordinate with Trading, Risk Management and Finance to resolve valuation issues.
Qualifications
Requirements:
- Minimum of 1 years experience in equity derivatives with strong product knowledge.
- College degree in a quantitative discipline (e.g. Math, Physics, Engineering).
- Experience analyzing large data sets including more than one of the following skills: Excel Spread Sheets, Pivot Tables, VBA, SQL, Oracle database.
- Experience producing professional quality financial reports.
- Basic knowledge of the accounting issues surrounding fair value for derivatives.
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