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Fixed Income Evaluator

3 months ago


London, Greater London, United Kingdom LSEG (London Stock Exchange Group) Full time
Fixed Income Pricing Specialist


The Fixed Income Pricing Specialist is responsible for providing timely and accurate end-of-day valuations on Sovereign and Corporate fixed income securities for London Stock Exchange Pricing Service.


Pricing Service valuations are used by banks, asset managers, index managers, wealth managers, and auditors for client statements, research, risk analysis, performance metrics, and portfolio valuation.

REPS provides global evaluated prices on over 2.8MM securities and derivatives daily.

The individual is expected to work independently to deliver high quality, accurate pricing.

In addition, a lot of teamwork & partnership is expected withing the region, and globally, to ensure the Group delivers to all its customers high quality pricing data within strict timeframe windows.

The company offers a hybrid work environment.

About LSEG Pricing Service

LSEG Pricing Service provides real time and validated end of day evaluated prices on over 2.8 MM securities.

Our staff consists of over 145 fixed income professionals in New York, London, Paris, Tokyo, Mumbai, Bangalore, Singapore, Lagunilla de Heredia, and Gdynia.

Coverage includes sovereign debt, corporate & high yield debt, convertible securities, bank debt, mortgage-backed securities, asset-backed securities, municipal securities, derivatives, and structured notes.

Fixed Income Evaluator Responsibilities

  • Determine the fair market value for portfolios of securities of medium complexity.
  • This will include High Yield as well as Distressed debt, and experience in this asset class is required.
  • Aggregate and assess appropriate market color to be used in determining fair market value (trades, quotes, contributions). Incorporate broader market news and volatility into the output.
  • Respond to price challenges with an explanation of detailed pricing methodology.
  • Maintain/expand a network of market contacts in corporate bond space to build on fixed income knowledge.
  • Drive methodology / automation enhancement to improve coverage and pricing accuracy.
  • Utilize technical and financial knowledge to enhance coverage, accuracy, and timeliness.
  • Promote continuous improvement through research, analysis and quality control.
  • Independent thinking to improve & enhance existing work environment.
  • Document work procedures and methodology enhancements
  • Explain pricing methodologies to customers at high level and also in granular detail

Requirements:

  • Experience in a market focused fixed income environment (trading, risk management)
  • Experience in High Yield Corporate bonds necessary/desirable.
  • Strong fixed income mathematical/analytical skills.
  • Bachelor's degree in a related field such as Accounting, Economics, Engineering, or Finance
  • Strong knowledge of macroeconomic drivers
  • Strong excel spreadsheet skills (incl VBA) with the ability to handle large amounts of data
  • Strong written and verbal skills with historical record of direct customer interactions
  • Able to work independently, and as part of a team.
  • Working knowledge of coding eg Python desirable, not necessary.
  • Ability to convey to customers pricing methodology/pricing rationale.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built.

Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day.

They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries.

However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business.

You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth.

Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer.

This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law.

Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as wel