Associate, Credit Derivatives Valuations Data Analyst
Company Overview
Markit was founded in 2001 as the first independent source of credit derivative pricing and has recently been announced as the fastest growing private company in the UK. Today, our data, valuations and trade processing services are regarded as the market standard in the global financial markets, helping our clients to reduce risk, improve operational efficiency, and meet regulatory requirements.
As a private company with privileged relationships with 16 shareholder banks, Markit has unparalleled access to a valuable dataset spanning credit, equities and the broader OTC derivative universe. Our unique relationships with the bank shareholders give us the opportunity to work closely with these leading market makers to develop innovative solutions for the marketplace.
With over 1,300 institutions using our independent services as clients - including investment banks, hedge funds, asset managers, central banks, regulators, rating agencies and insurance companies - we provide round-the-clock support from our offices in London, New York, Chicago, Toronto, Amsterdam, Brussels, Frankfurt, Luxembourg, Tokyo, Singapore and Sydney.
Role Summary
Markit Portfolio Valuations is looking for a data analyst to sit within the product team covering credit derivatives on loans, bonds and structured finance products. This team specialises in building quantitative models for pricing vanilla and exotic derivatives across these asset classes.
Duties and Accountabilities
- We are looking for a talented and enthusiastic graduate to work on:
- Providing regular and ad-hoc support to the pricing team
- Maintaining and enhancing existing data feeds
- Building tools to automate data insertion and processing tasks
- Developing rules for cleaning market data
- Liaising with other business units internally to source new data Skills/ Experience
Business Competencies
- Degree in a quantitative discipline
- Experience with Excel and VBA
- Programming experience in any language
- Keen to expand knowledge of derivatives
- Interest in financial markets
Personal Competencies
- Must be detail-oriented, thorough and able to use own initiative to solve problems
- Strong communication skills required to be able to communicate effectively within the team, across business units within the company, clients, sales and technology teams
The Contact
Interested applicants should send their CV and a covering letter to careers.europe@markit.com citing "Associate, Credit Derivatives Valuations Data Analyst" in the subject line.