Summary:
- Work within the AWM (Asset & Wealth Management) Public Product Control team, which is responsible for oversight of equity, fixed income, alternatives and derivative valuation across mutual funds, separate accounts and hedge funds
- Responsible for the price verification of investments; including fixed income, equity and derivatives
Interact with Controller’s management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations
Principal responsibilities include the following:
- Responsible for assisting in the price verification of fixed income securities, as well as over the counter (“OTC”) derivative positions held in the portfolios, including interest rate swaps, credit default swaps, equity and FX options
- Assist in the development of a valuation and price verification framework for newly traded securities, new funds and alternative products, in conjunction with key federation stakeholders (IT, Operations, Legal, Compliance, etc.) and the Portfolio Management/Trading teams
- Regular interaction with independent fund administrators to resolve daily valuation questions for securities (equities, fixed income and OTC derivatives) held in daily mutual funds, which includes making fair valuation recommendations
- Preparation of management reports and key valuation metrics for the Business, Controllers Management and Fund Boards
- Coordinate an annual vendor due diligence process with independent third party pricing vendors and brokers
Responsible for reviewing and updating the Valuation Policy at least annually
Basic Qualifications:
- Accounting, Economics or Finance degree preferred, but not required
- CFA, CPA or work towards the designations preferred, but not required
- 2-5 years experience in the financial markets and the investment management industry is preferred
- Requires a willingness and drive to understand valuation methods for the types of securities mentioned above
- Strong interpersonal (verbal and written communication) skills
- Ability to work in a team environment
- Strong analytical and organizational skills
- Ability to take initiative and work efficiently
- Proficiency in Microsoft Desktop Applications (Excel, PowerPoint, Word) and AI Tools, including Copilot