Credit Financial Engineer for OTC Derivatives & Structured Products Valuation and Risk
Credit Financial Engineer for OTC Derivatives & Structured Products Valuation and Risk Services
Job Requisition Number: 39357
New York - USA
The Financial Engineering group (part of our Bloomberg Core OTC Derivatives/Structured Notes Product group) is seeking market practitioner oriented Financial Engineers with in-depth product knowledge. You will be joining a rapidly expanding specialized area of Bloomberg focused on offering premium structuring, valuation and risk services to our client base.
The candidate should have recent experience at a Dealer (or at other top financial institutions) in financial engineering, structuring, and/or trading OTC Derivatives/Structured Notes. Familiarity in bespoke derivatives term sheets, the industry standard valuation models and "street practices" used for security valuation and portfolio risk analysis is imperative. Experience using Bloomberg, Numerix and other derivative pricing platforms is a plus.
Valuation will rely heavily on the appropriate choice and use of pricing models (combined with appropriate adjustments when necessary). Therefore the candidate must have sufficient understanding and intuitive skills to assess if model results are reasonable. Successful candidate with strong communication skills may engage in a "client facing" role. The candidates will be working with various people from external clients (traders, sales, buy side, institutional investors), and internal sales specialists, to developers and quants.
-Credit Derivatives, Credit Structured products and Structured Finance product and market risk experience is essential.
-Strong understanding of derivatives models including market conventions, vanilla/exotic options, and market practices regarding bespoke exotic valuation and hedging.
-Exceptional written and verbal communication skills. Proficiency with Excel and Word. Candidates must also have the ability to present in front of a group and interact with clients, via phone or face-to-face.
-Ability to work in a fast-paced, complex and cross-asset environment.
-Master's degree in a technical area (such as Math, Physics or Engineering), quantitative finance related. Master Degrees (or DEA), PhD in mathematical finance.
-Working knowledge of Excel, VBA. Familiarity with financial libraries (C, C++) and mathematical .packages such as Matlab or Mathematica a plus.
-Ability to work with multiple groups across reporting lines.
-Minimum of 5 years of experience at a Dealer (or at other top financial institutions).
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