Overview
Skills
Job Details
Seeking a Senior Securitized Products Evaluator for onsite contract opportunity in New York NY.
If interested , share your word document resume, work authorization, expected hourly pay rate, current location, availability for onsite work , skill stack and LinkedIn.
Evaluated Pricing Service is responsible for providing timely and accurate valuations for securitized products. Valuations are used by asset managers, investment banks, mutual fund administrators, custodians, and retail brokerage for client reporting, research, risk analysis, and portfolio valuation.
The Senior Evaluator will have five major responsibilities:
Daily evaluation of fixed income securities
Creating and maintaining market contacts
Client service for existing and prospective customers
System design and research
Training of junior staff
The Senior Securitized Products Evaluator applies specialized expertise in the assessment of fair market value for securitized products. Evaluators assess the inherent risk of these securities through the observation of yield curve movement, prepayment forecasts, collateral performance, trade prices, broker quotes, and market news. Evaluators must also analyze various quality control reports to ensure valuation accuracy. The Senior Evaluator will have direct communication with Pricing Service customers. This involves client presentations, deep dive bond analysis, and price challenge responses. The Senior Evaluator must be able to represent the Pricing Service organization by clearly communicating valuation models and asset class methodologies.
Senior Evaluators in the Pricing Service will work directly with the research and analytics team to identify system, process, methodology, and model enhancements. These improvements are necessary to meet stakeholder expectations in the following areas:
Regulatory requirements
Coverage and accuracy
Automation and transparency
Customer service Senior Evaluators are responsible for training and mentoring junior staff in all aspects of the valuation process, especially entry level staff in all client locations. Training topics cover day to day operations, market practices, and valuation techniques. They will also assist in the documentation of training manuals.
Summary of Responsibilities
Perform fair value analysis on Securitized Products resulting in consistent, accurate and defensible evaluated prices
Aggregate, assess, and apply market color and trade data that directly impact our valuations
Maintain appropriate spread relationships among the waterfall of rated securities
Perform quality control checks to ensure pricing accuracy
Contribute to the initiatives to improve the efficiency of production processes
Support sales and account management teams with pre- and post-sales client calls
Communicate to clients our methodology, models, and inputs for pricing a particular security
Adhere to QA procedures, data operations standards, and current policies and procedures
Respond to inquiries from our clients while providing a top-level customer experience Cultivate and maintain close contacts with the dealer community to obtain market insights and gain transparency.
Requirements
Bachelor's degree in a related field such as Finance, Economics, or Quantitative Finance
5 years working experience in the Securitized Products valuations; deep domain expertise in asset-type specific methodology/analytics
Use of Yield Book is a plus
Ability to communicate professionally and effectively both face to face and via telephone
Excellent data analytics skills and highly proficient in Excel
Able to work independently and as part of a team
Strong quantitative and analytical skills with an emphasis on fixed income mathematics
Creative and innovative thinker
VBA, SQL and/or Python programming experience a plus