Fixed Income Market Data Analyst - Automate Pricing (Hybrid)

Referment; Greater London; Hybrid; GBP 55,000 - 85,000; Full time

Job summary

Referment is partnering with a London-based fintech that provides specialist credit data and analytics to major institutions. The role sits in the market data team responsible for pricing integrity and automated checks across bond and loan data.

You will review pricing feeds, identify anomalies, and build scalable validation algorithms, working closely with product and engineering while engaging with top investment firms. Hybrid, permanent, in London.

Qualifications

• Experience in evaluated pricing, IPV, fixed income valuations or trade support, or credit fund NAV pricing.
• Strong familiarity with bond and loan reference data syntax and pricing feed structures; understanding pricing conventions (clean vs dirty price, accrued interest, day count).
• Advanced Excel or Google Sheets skills, including macros or Apps Script; Python, SQL or similar coding experience.

Responsibilities

• Review pricing feeds from a third-party pricing provider against internal benchmarks, investigating anomalies.
• Sift through large bond and loan price and reference datasets to identify, prioritise and resolve outliers; trace capital structures and inter-company relationships.
• Calculate and validate bond and loan pricing data at scale from YTM, YTW, z-spread to Macaulay and modified duration and PV01.
• Build automated algorithms to reduce manual reviews and document recurring data quality issues to pricing vendor and internal stakeholders.
• Answer client questions about data and product functionality, working directly with leading investment firms.

Skills

Evaluated pricing

IPV (Independent Price Verification)

Fixed income valuations

Excel macros / Apps Script

Tools

Excel

Google Sheets

Python

SQL

Job description

Referment is partnering with a London-based fintech that provides specialist credit data and analytics to major institutions. The role sits in the market data team responsible for pricing integrity and automated checks across bond and loan data.

You will review pricing feeds, identify anomalies, and build scalable validation algorithms, working closely with product and engineering while engaging with top investment firms. Hybrid, permanent, in London.