Pricing Direct Evaluator - High Yield Associate

This is an exciting opportunity for someone who is highly motivated to work in an innovation-focused team and to contribute to our Corporate & Investment Bank business.

As a Pricing Direct Evaluator - HY Associate, you will join a revenue-generating team that provides independent pricing and analytics for millions of fixed income and derivative instruments, utilizing real-time market intelligence from buy-side and sell-side market participants.

You will play a crucial role in providing accurate and insightful valuations, which are essential for our clients' investment decisions and risk management strategies.

Job responsibilities


* Generate daily valuations of high yield credit products for multiple market closes, entailing start-to-end responsibilities.

This includes market data collection and analysis, price generation, quality control, and dealing with client queries.


* Develop and maintain sophisticated models or matrices, aiming to improve pricing and quality control processes.

Update data and generate reports via extensive coding in python and or VBA.


* Collaborate with trading desks, market participants, and research teams to enhance market knowledge and understanding of market pricing.


* Address all client concerns daily with an emphasis on providing first-class service and quality, whether via emails, calls, or in-person meetings.


* Explore new areas of product growth with a focus on autonomously developing innovative ideas and solutions.


* Assist teams with presentation materials, slide decks for conferences, webinars and timely execution of ad-hoc projects.

Required qualifications, capabilities, and skills


* 2+ years of experience in fixed income.


* Firm understanding of the principles of fixed income, cashflows, various bond and loan types, including convertibles.


* Strong coding skills in python and VBA, advanced excel knowledge.


* Experience using Bloomberg or Reuters Eikon terminals.


* Ability to collect and analyze large amounts of market information, extract its essence, and incorporate the findings into valuation matrices and processes.


* Clear, logical thinker with strong quantitative abilities.


* Ability to thrive in a fast-paced environment of real-time market pressures, remaining focused on client needs.


* Bachelor's degree or higher, ideally in Finance, Accounting, Statistics, Economics, Finance.

Preferred qualifications, capabilities, and skills


* Experience with pricing, evaluating syndicated term loans, private credit, high yield corporates or convertibles, is strongly preferred.


* Familiarity with pricing methodologies and structures of different fixed income instruments (corporate bonds, emerging markets, some securitized products) is ideal.


* Knowledge of various machine learning models and tools is a plus.


* Great communication skills, both oral and written.


* Progress towards CFA helpful, but not immediately require...