At a Glance
- Tasks: Monitor real-time pricing and enhance valuation methodologies for fixed income instruments.
- Company: Join Millennium, a dynamic investment management firm with excellent growth opportunities.
- Benefits: Enjoy a fast-paced environment with potential for career advancement and skill development.
- Why this job: Be part of a collaborative team that tackles exciting challenges in finance and technology.
- Qualifications: Bachelor's degree in Finance, Economics, or related field; 1+ years of relevant experience preferred.
- Other info: Ideal for self-starters who thrive under pressure and possess strong analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
The Portfolio Pricing and Valuation Specialist will sit within the Macro team responsible for Pricing & Valuations across Rates, Credit, and FX business at Millennium. The group provides a dynamic and fast-paced environment with excellent growth opportunities.
Principal Responsibilities
- Pricing - responsible for monitoring both real time and end of day pricing for all fixed income instruments. In addition, to develop ideas and establish procedures to improve current valuation methodologies across various product suites within the firm, in conjunction with risk and fixed income technology.
- P & L Explanation – part of the valuation function is to provide Trade Date and T+1 P & L explanation to both senior management and the portfolio managers.
- The Pricing and Valuations group serves as the point of contact for portfolio managers providing a centralized place for resolving pricing, technology and risk issues.
- Process enhancement and project work.
Qualifications/Skills Required
- Bachelor Degree in Finance/Economics/Computer Science/Engineering. Masters in Financial Engineering or equivalent preferred.
- Min 1 years of experience as a quant, risk quant or model validation.
- Strong knowledge and experience in pricing with emphasis on detailed knowledge of pricing models for Rates, Credit and FX products.
- Detail oriented and able to show adaptability to pick up technical skills/product knowledge quickly.
- Possess strong analytical and troubleshooting capabilities.
- Able to prioritize in a fast moving, high pressure, constantly changing environment; High sense of urgency.
- Must be a self-starter and a team player.
- Strong communication skills and the ability to interact with Traders or Portfolio Managers as well as other teams globally.
- Demonstrated project management skills would be preferred.
Seniority level: Entry level
Employment type: Full-time
Job function: Finance and Sales
Industries: Investment Management
Fixed Income Portfolio Pricing & Valuations Specialist employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fixed Income Portfolio Pricing & Valuations Specialist
✨Tip Number 1
Familiarise yourself with the latest pricing models for Rates, Credit, and FX products. Understanding these models will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the fixed income space. Attend industry events or webinars to connect with people who work at Millennium or similar firms; this can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your analytical and troubleshooting skills. Consider working on case studies or simulations that mimic real-world pricing and valuation scenarios to showcase your problem-solving abilities.
✨Tip Number 4
Prepare to discuss your project management experience. Be ready to share specific examples of how you've successfully managed projects in high-pressure environments, as this is a key skill for the role.
We think you need these skills to ace Fixed Income Portfolio Pricing & Valuations Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in fixed income pricing and valuations. Emphasise any quantitative skills or projects that align with the job description.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities of the role. Mention your understanding of pricing models for Rates, Credit, and FX products, and how your background makes you a suitable candidate.
Showcase Analytical Skills: In your application, provide examples of how you've used analytical and troubleshooting capabilities in previous roles. This could include specific projects or challenges you've overcome in a fast-paced environment.
Highlight Communication Abilities: Since the role involves interaction with traders and portfolio managers, emphasise your communication skills. Include instances where you've successfully collaborated with teams or presented complex information clearly.
How to prepare for a job interview at Millennium
✨Understand the Role
Make sure you have a solid grasp of what a Fixed Income Portfolio Pricing & Valuations Specialist does. Familiarise yourself with pricing models for Rates, Credit, and FX products, as well as the responsibilities outlined in the job description.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical and troubleshooting capabilities. Be ready to provide examples from your past experiences where you've successfully navigated complex problems or improved processes.
✨Communicate Effectively
Since the role involves interaction with Traders and Portfolio Managers, practice articulating your thoughts clearly. Demonstrating strong communication skills will be crucial in showing that you can collaborate effectively within a team.
✨Demonstrate Adaptability
Highlight your ability to adapt quickly to new technical skills and product knowledge. Share instances where you've had to learn something new on the job and how you managed to do so successfully.