Fixed Income Valuation Analytics: P&L, Curves & Models

Millennium; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

Millennium is seeking a skilled valuations professional to maintain intraday pricing and end-of-day valuation procedures. You will publish official marks, manage P&L processes, and build pricing models across asset classes.

Collaboration with Risk Management, Technology, and Operations is key as you drive accurate, timely valuations. You will also coordinate new product setups, partner with front office and technology teams, and ensure strict adherence to valuation policies while delivering

Qualifications

• Bachelor's degree from an accredited university with strong academic record.
• Programming experience in Python and/or VBA to analyze time series and automate processes.
• Working knowledge of options pricing models, Greeks-based P&L attribution, volatility configurations, and interpolation/extrapolation.
• Experience building and maintaining OTC futures curves.
• Experience partnering with Technology teams as a product owner to prioritize work and define requirements.
• Proficiency with Bloomberg and Reuters and documenting procedures.
• Strong attention to detail, ownership, communication skills, urgency and quick learning.

Responsibilities

• Maintain, monitor, and enhance procedures and controls for intraday pricing and end-of-day valuation of financial instruments.
• Publish and sign off on official end-of-day marks and curves, managing related P&L processes.
• Build and maintain pricing models, mark OTC curves, and support valuation across asset classes.
• Coordinate new product and security setup with Operations, Middle Office, Risk Management, and Technology.
• Serve as primary contact for portfolio managers, coordinating resolution of P&L, pricing, position, technology, risk, and security setup.
• Analyze P&L, risk, and pricing processes and partner with Front Office, Technology, Risk Management, and Operations on cross-functional projects.
• Ensure valuation policies and procedures are followed accurately and consistently.

Skills

Fixed-income products

Python

VBA

Attention to detail

Communication skills

Ownership

P&L attribution

Education

Bachelor's degree

Tools

Bloomberg

Reuters

Job description

Millennium is seeking a skilled valuations professional to maintain intraday pricing and end-of-day valuation procedures. You will publish official marks, manage P&L processes, and build pricing models across asset classes.

Collaboration with Risk Management, Technology, and Operations is key as you drive accurate, timely valuations. You will also coordinate new product setups, partner with front office and technology teams, and ensure strict adherence to valuation policies while delivering