Senior Operations Analyst (Derivative Pricing)

S&P Global, Inc.; City Of London; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Health & Wellness

Flexible Downtime

Continuous Learning

Invest in Your Future

Family Friendly Perks

Job summary

S&P Global Market Intelligence in London seeks a PV Analyst to join the Portfolio Valuations team, delivering high-quality derivatives market datasets and valuations.

You will run daily and monthly valuation processes, resolve price challenges, review datasets, and help automate data capture while building client relationships. The role offers exposure across asset classes and a hybrid work pattern with some office presence.

Qualifications

• A degree in a quantitative discipline, or equivalent relevant experience.
• Good understanding of OTC derivatives in one or more asset classes.
• Strong knowledge of financial markets and OTC derivatives across asset classes.
• Excel experience; VBA for analysis or process improvement.
• Client-service mindset; able to communicate with external clients.
• Attention to detail; able to identify issues and act accordingly.
• Organization and time-management to meet deadlines.
• Clear written and verbal communication; collaborate with the team.

Responsibilities

• Organize and run daily and monthly client valuation processes, taking hands-on responsibility for assigned accounts.
• Investigate and resolve price challenges using market data and valuation analysis to reach clear outcomes for clients.
• Review derivatives valuations and market datasets, perform quality-control checks and resolve issues within timelines.
• Run, refine and help automate data capture and cleansing processes to improve quality, efficiency and scalability.
• Contribute to design, testing and improvement of valuation systems and new products; propose improvements.
• Build and maintain client relationships; host client calls, present services, act as escalation contact.
• Collaborate across teams and regions; support beyond assigned tasks and maintain service quality.
• All employees are required to work from the office a minimum of 2 days per week.

Skills

Quantitative degree background

OTC derivatives knowledge

Financial markets understanding

Excel and VBA

Client-facing communication

Attention to detail

Organization and time management

Education

Bachelor's or equivalent in quantitative discipline

Tools

SQL

Python

Job description

About the Role: Grade Level (for internal use): 08

The Team: Portfolio Valuations (PV) provides an independent, post-trade valuation service to buy-side institutions globally, covering vanilla and exotic OTC derivatives, cash instruments and structured notes across all asset classes. The service also enables clients to receive an aggregated set of counterparty marks for their trades.

You will join a collaborative team of analysts responsible for creating, maintaining and delivering high-quality derivatives market datasets and valuations. The team works closely across functions and regions, with a shared focus on accuracy, client service and continuous improvement.

The Impact: In this role, you will help ensure that clients receive accurate, timely and reliable OTC derivative valuations and market data. Your work will support daily and monthly valuation processes, strengthen quality controls and contribute to the development of valuation products and systems. The position offers the opportunity to deepen your derivatives knowledge across asset classes, build commercial and client-facing skills, and understand how your work contributes to the team’s broader goals and service quality.

Responsibilities

• Organize and run daily and monthly client valuation processes, taking hands-on responsibility for assigned accounts.
• Investigate and resolve straightforward and complex price challenges, using market data and valuation analysis to reach clear, well-supported outcomes for clients.
• Review derivatives valuations and market datasets, perform quality-control checks, identify potential issues and follow them through to resolution within agreed timelines.
• Run, refine and help automate data capture and cleansing processes to improve quality, efficiency and scalability.
• Contribute to the design, testing and ongoing improvement of S&P Global valuation systems and new products, bringing forward practical ideas and solutions.
• Build and maintain effective client relationships; host client calls, present the Portfolio Valuations service, act as an escalation contact, and review and resolve incidents.
• Work collaboratively across functional and regional teams, provide support beyond assigned tasks when needed, and follow the controls required to maintain service quality.
• All employees are required to work from the office a minimum of 2 days per week.

What We’re Looking For

Basic Required Qualifications

• A degree in a quantitative discipline, or equivalent relevant experience.
• Good understanding of OTC derivatives in one or more asset classes.
• Good understanding of financial markets and a strong interest in developing broader knowledge of OTC derivatives across asset classes.
• Strong working knowledge of common office tools, including Excel; experience using VBA to support analysis or process improvement.
• A client-service mindset and the confidence to communicate with external clients regularly by email, phone and in meetings.
• Strong attention to detail, with the ability to identify potential issues, follow clear guidelines and determine an appropriate course of action.
• Effective organization and time-management skills, including the ability to assess urgency, meet timelines and maintain quality standards.
• Clear, structured and professional written and verbal communication, with active participation in team discussions and collaborative work.
• A resourceful, solution-oriented approach, with the initiative to support colleagues, contribute beyond assigned tasks and look for ways to improve quality.

Additional Preferred Qualifications

• Relevant practical experience in derivative pricing, valuations, market data or a related financial-services environment.
• Programming or querying experience in a language such as SQL or Python.
• Good understanding of the market and reference datasets used for OTC derivatives across asset classes.
• Experience contributing to process automation, system testing, product development or operational improvement initiatives.
• Experience building client relationships, presenting technical information clearly or supporting the resolution of client incidents and escalations.

We require all candidates who reach the final stage of our interview process to attend at least one in-person interview, which is ordinarily at your nearest S&P Global office. This must be completed before we can proceed to an offer.

About S&P Global Market Intelligence

At S&P Global Market Intelligence, a division of S&P Global we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction. For more information, visit www.spglobal.com/marketintelligence.

What’s In It For You

Our Mission: Advancing Essential Intelligence. Our People: We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all. From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.

Our Values

Integrity, Discovery, Partnership Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off helps keep you energized for your time on.
• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment. If you need an accommodation during the application process due to a disability, please send an email to:[e-mail] your request will be forwarded to the appropriate person. US Candidates Only: Know Your Rights: Workplace discrimination is illegal.