About CitcoSince the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide.
With over 6,000 employees in 45 countries we pioneer innovative solutions that meet our clients’ evolving needs, and deliver exceptional service.
Our continuous investment in learning means our people are among the best in the industry. And our corporate social responsibility programs provide meaningful and fulfilling work in the community.
A career at Citco isn’t just a job it’s an opportunity to excel in an environment that genuinely supports your personal and professional development.
About the Role : A challenging and exciting role in a growing industry, the OTC Pricing team is a specialist team within the VPL group.
It is responsible for performing valuations and completing an Independent Price Verification of Interest Rate, FX, Credit, Volatility, Commodity derivatives, and hard to price securities for Citco clients globally.
This role provides a unique opportunity to work closely with a wide range of derivative instruments traded by hedge funds, Job Duties in Brief :
Run pricing models to independently value derivatives held by our hedge fund clients
Analyze and compare derivative position’s valuations, inputs and models. Research OTC pricing exceptions and variances.
Work with clients on resolving price challenges, answering valuation questions
Involvement in testing new internally developed pricing models and system enhancements
Should be able to understand current financial models in use and provide one-off modeling needs
Improve pricing processes and infrastructure
Assisting other teams with OTC instrument and trade loader setups
Understand the basics of industry / accounting guidance (e.g. FAS157) and assist with incorporation into pricing processes
Review of client Level 3 asset valuations and methodologies
Researching markets, conventions and reporting standards
Other duties as assigned
About You : Education, Qualifications and Special Training
Degree Qualified (2.1 and above) in Engineering / Math / Physics / Finance / Economics from a top university
Quantitative skills including basic calculus, statistics and financial math
Academic / theoretical exposure to any of the following is desirable : Derivative valuation, Risk Management, Quantitative research, Financial engineering
At least 2-3+ yrs experience in hedge funds, derivatives valuation required
Prior experience in engineering, risk management, trading, corporate finance or the sciences will be considered
Experience in FX Options, Credit Default Swaps, and other derivatives a big plus
Quick learner, strong attention to details, ability to take initiative
Interest in derivatives valuation, financial engineering
Technical skills including advanced Excel. Comfortable around IT and will need to quickly learn Excel VBA, SQL, unix, etc.
What We Offer :
A challenging and rewarding role in an award-winning global business.
Opportunities for personal and professional career development.
Great working environment, competitive salary and benefits, and opportunities for educational support.
Be part of an industry leading global team, renowned for excellence.