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Vice President/ Director - Commodity Derivatives - Quantitative Product Specialist
Role Summary
Markit Portfolio Valuations is looking for an experienced commodities product specialist to become an integral part of our expanding valuations capability for derivatives on energy, base and precious metals, softs, indices and emissions. The valuations product teams specialise in building quantitative models for pricing vanilla and exotic derivatives across the major asset classes.
Duties and Accountabilities
- Increasing coverage of vanilla commodity derivatives within the existing valuation system, which involves:
- assessing coverage and quality of data sources for most traded commodities across Europe and the US
- designing system analytics such as forward curves, volatility surfaces and pricing models
- building prototype models in Excel/VBA
- supervising the implementation and testing processes
- providing commodities expertise to the operational valuations teams
- managing one or two junior commodity pricing analysts
- Subsequently extending this commodity framework to price various exotics
- Meeting clients alongside the sales team as the commodities product specialist, to help grow revenues in this asset class
- Contributing to company-wide commodity initiatives via an internal working group
Business Competencies
- Proven track record of financial markets experience, with a specific focus in commodity derivatives (with an energy focus) gained within a bank or trading house
- Excellent analytical, quantitative and problem-solving abilities
- Good numerical degree or equivalent
- Solid practical and theoretical knowledge of mathematical finance
- Proficiency using Excel and VBA
- Any experience managing or mentoring junior staff would be desirable
- Any previous commercial exposure or client-facing skills would be desirable
Personal Competencies
- Ability to work independently as well as within a team environment
- Highly motivated and eager to take the initiative
- Willing and able to execute hands-on analytical tasks, but also manage larger projects involving other teams
- Very strong interpersonal skills required, in order to communicate effectively within the Portfolio Valuations team, with other teams (e.g. sales, data) and with clients.
The Contact
Interested applicants should send their CV and a covering letter to careers.europe@markit.com citing " Vice President/ Director - Commodity Derivatives - Quantitative Product Specialist " in the subject line.