Derivatives professionals require accurate valuations to assess risk and move with confidence. We provide an integrated solution for every step of the derivatives workflow, across all asset classes. Our models are fed with high quality data giving you the context you need, so you can trade confidently and stay ahead of the markets.
What's the role?
You will be joining a specialized area of Bloomberg that concentrates on offering premium structuring, valuation and risk services to our clients including cross-asset, flexible, customizable tools and models that illustrate valuation transparency. Your familiarity with bespoke derivatives term sheets, and the industry standard valuation models and "street practices" used for security valuation and portfolio risk analysis will allow you to successfully contribute to the team. Valuation will rely heavily on the appropriate choice and use of pricing models (combined with appropriate adjustments when necessary). Your ability to assess if the model results are reasonable is essential.
You will also be responsible for maintaining and upgrading the (off-terminal) OTC pricing platform jointly with the IT department of the firm. Familiarity with Python and Javascript in a professional environment are essential.
As a member of the team, you will have regular contact with clients and will be working with various people from external clients (traders, sales, buy side, institutional investors), and internal sales specialists, to developers and quants.
You'll need to have:
- 3+ years of relevant work experience*
- Master's degree or equivalent experience
- Experience working as a trader within the Derivatives space
- Demonstrated experience developing Python/Javascript libraries for financial applications in a professional environment
- Proven Derivatives modeling experience (possibly, X-assets) including: vanilla & structured products, market conventions, and practices regarding bespoke exotics valuation and hedging
We'd love to see:
- Prior work experience at a dealer, or at other relevant financial institutions, in financial engineering, quantitative modeling or structuring of OTC Derivatives/Structured Notes
- Hands-on knowledge of C++ and C#
- Master's Degree or PhD in STEM or Quantitative Finance
- Experience using Bloomberg, and other derivative pricing platforms
- Experience working as a trader
- Strong written and verbal communication skills
- Ability to work in a fast-paced, complex and cross-asset environment
- Ability to work with multiple groups across reporting lines
*Please note we use years of experience as a guide, but we will certainly consider applications from all candidates who are able to demonstrate the skills vital for the role.
If this sounds like you, please apply!
We'll get in touch with you to let you know next steps. In the meantime, check out Bloomberg's company page .
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Salary Range: 140,000 - 240,000 USD Annually + Benefits + Bonus
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level. We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation (Exempt roles only), paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.