About Citco
JOB DESCRIPTION
The market leader. The premier provider. The best in the business. At Citco, we've been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we'll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.
About The Team & Business Line
Fund Administration is Citco's core business, and our alternative asset and accounting service is one of the industry's most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.
Responsibilities
Your Role:
* 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
* Apply valuation methodologies for listed and OTC products in line with Funds Valuation Policies and Citco best practice
* Involvement in testing new internally developed pricing models and system enhancements
* Ability 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 HTV/Level 3 asset valuations and methodologies
* Researching markets, conventions and reporting standards
* Other duties as assigned
* Clients' portfolios priced and assessed on a timely basis
* Develop and evolve pricing capabilities within the team
Qualifications
About You:
* 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
* Should have a keen interest in learning about financial instruments, markets, derivatives valuation, financial engineering, risk management.
* Strong in excel, must be tech savvy - will need to quickly learn Excel VBA, SQL
* Programming experience beneficial
Our Benefits
Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.