Associate, Portfolio Valuations - New York City

Role Summary

Markit is looking for analytical individuals to become members of its New York City derivative valuation teams. The role involves using Markit’s valuation models to perform the daily valuations, as well as testing Markit’s financial valuation systems and developing their own solutions and models for bespoke valuations.

Duties and Accountabilities

• Utilize Markit’s proprietary technology to generate daily mark-to-market valuations of derivative portfolios
• Interact with clients to satisfy requests and explain the models, data, and assumptions behind the valuations they receive
• Participate in the development and testing of new models for the systematic valuation of complex derivatives

Business Competencies

• Bachelors Degree in engineering, finance, mathematics, or science.
• Must have some knowledge of vanilla and exotic instruments being traded in the derivatives markets.
• Knowledge of financial mathematics (i.e. Hull, Rebonato, etc.).
• Experience with Excel, including the ability to write VBA scripts that implement mathematical models and automate data processing.
• Demonstrated interest in the financial markets
• Strong client facing skills desired
• Ability to explain complex financial instruments on a basic level to clients.

Personal Competencies

• Must be detail-oriented and thorough and able to use own initiative to solve problems
• Ability to function in a time-sensitive and occasionally stressful environment
• Strong communication skills, both verbal and written.
• Work in a team environment of 3-5 individuals toward a common goal of building a robust business

The Contact

Interested applicants should send their CV and a covering letter to careers.na@markit.com citing "Associate, Portfolio Valuations - NYC" in the subject line.