At a Glance
- Tasks: Own the end-to-end valuation process for equity autocallable products and ensure accurate P&L.
- Company: Dynamic financial firm located in London, focused on trading and quantitative analytics.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to work with innovative pricing models and enhance your analytical skills.
- Why this job: Join a cutting-edge team and make an impact in the world of finance and trading.
- Qualifications: Advanced degree in a quantitative field and strong coding skills required.
The predicted salary is between 60000 - 80000 € per year.
This role sits at the intersection of trading, risk, and quantitative analytics, focusing on the accurate pricing and valuation of equity autocallable products. You will own the end‑to‑end valuation process, ensuring robust daily P & L, transparent attribution, and strong model governance across a complex structured products portfolio.
Responsibilities
- Own the official end‑of‑day marking and P & L production for all equity autocallable products, ensuring prices are accurate, consistent, and aligned with market data and internal policies.
- Decompose daily and periodic P & L into clear components—including market movements (Greeks‑based P & L), idiosyncratic events, trading activity, and other factors—to provide transparent explanations to traders, risk, finance, and senior management.
- Calibrate model and reserve parameters to observable market datasets (e.g., volatility surfaces, correlations, dividends) and maintain robust calibration methodologies and documentation.
- Support the testing, validation, and rollout of new pricing models; compute, review, and post appropriate model reserves in line with model risk policies.
- Monitor portfolio valuations versus counterparty marks, investigate and reconcile material differences, and help drive fair‑value and dispute resolution processes.
- Design and enhance systematic controls to track lifecycle events for autocallable products (e.g., coupon payments, barrier events, calls), ensuring accurate reflection in positions, valuations, and P & L.
Qualifications
- Advanced degree (or equivalent) in a quantitative discipline such as Engineering, Mathematics, Physics, or similar, with at least 3 years of relevant experience in equity derivatives, structured products, or quantitative finance.
- Advanced knowledge of equity derivatives products, their risk profiles (Greeks), and common valuation methodologies for structured products and exotics.
- Strong coding skills (e.g., Python, C++, or similar) and the ability to work efficiently with large datasets, automation, and analytics tools.
- Highly detail‑oriented, with a strong sense of ownership, rigor, and accountability in pricing, controls, and documentation.
- Collaborative team player with strong communication skills and a willingness to support and partner with trading, risk, technology, and operations.
Equity Portfolio & Pricing Valuations in London employer: Millennium
As an employer, we pride ourselves on fostering a dynamic and inclusive work culture that encourages innovation and collaboration. Located in the heart of London, we offer competitive benefits, professional development opportunities, and a commitment to employee growth, making us an ideal choice for those seeking a meaningful career in finance. Join us to be part of a team that values transparency, accountability, and excellence in the fast-paced world of equity trading and valuations.
StudySmarter Expert Advice🤫
We think this is how you could land Equity Portfolio & Pricing Valuations in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of equity derivatives. Practice common interview questions and be ready to discuss your experience with pricing models and P&L production.
✨Tip Number 3
Showcase your coding skills! If you’ve got experience with Python or C++, make sure to highlight that in conversations. Being able to demonstrate your ability to work with large datasets can really set you apart.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented individuals who are passionate about quantitative finance and equity products. Your next opportunity could be just a click away!
We think you need these skills to ace Equity Portfolio & Pricing Valuations in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Equity Portfolio & Pricing Valuations role. Highlight your quantitative background and any relevant experience in equity derivatives or structured products to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Be specific about your experience with pricing models and P&L production.
Show Off Your Coding Skills:Since coding is key for this position, don’t forget to mention your proficiency in languages like Python or C++. If you’ve worked on projects involving large datasets or automation, share those experiences to demonstrate your technical prowess.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Millennium
✨Know Your Numbers
Make sure you brush up on your knowledge of equity derivatives and their risk profiles. Be prepared to discuss specific valuation methodologies and how they apply to autocallable products. This will show that you understand the technical aspects of the role.
✨Showcase Your Coding Skills
Since strong coding skills are essential, be ready to demonstrate your proficiency in Python or C++. You might be asked to solve a problem on the spot, so practice coding challenges beforehand to boost your confidence.
✨Be Detail-Oriented
Highlight your attention to detail during the interview. Share examples from your past experience where your meticulousness led to successful outcomes, especially in pricing and documentation. This will resonate well with the hiring team.
✨Communicate Effectively
As a collaborative team player, it's crucial to demonstrate your communication skills. Prepare to explain complex concepts clearly and concisely, as you'll need to partner with various teams. Practising mock interviews can help you refine this skill.
