Senior Product Analyst

TalentHawk; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

TalentHawk is seeking a Senior Product Analyst to lead IPV services across Equity Derivatives. The role blends client engagement with product development to refine pricing methodologies for complex OTC derivatives.

You will bridge banks, tech teams and valuation methods, delivering day-to-day IPV services and driving enhancements to pricing tools while ensuring regulatory alignment across jurisdictions.

Qualifications

• 3–5 years in a Tier-1/2 bank's Valuation Control Group, IPV, or Middle Office Risk.
• 2+ years in Equity Derivatives coverage, including exotic products and structured notes.
• Strong understanding of IFRS 13, Fair Value hierarchy and Prudential Valuation.
• Proficient with valuation models, Greeks, volatility surfaces and inputs.
• Able to articulate complex valuation mechanics to desks, traders and risk managers.

Responsibilities

• Oversee IPV processes, review consensus data, resolve pricing queries and manage price challenges.
• Engage with Trading, Desk Quant, and Middle Office teams across Tier-1 banks, lead client reviews.
• Collaborate with software developers to specify, build and test pricing tool enhancements.
• Analyze market data trends to improve valuation accuracy and data quality.
• Monitor regulatory updates to keep pricing services compliant and cutting-edge.

Skills

IPV/Valuation

Equity Derivatives

Pricing Analysis

Client Engagement

Regulatory Knowledge

Quantitative Skills

Communication

Python

VBA/SQL

Tools

Python

VBA

SQL

Job description

Senior Product Analyst - Equity Derivatives & IPV / Valuations

Location: London / Hybrid

Salary: Competitive + Bonus & Benefits

Role Type: Permanent

Are you an experienced Valuation Control / IPV professional looking to transition your deep equity derivatives knowledge into a dynamic, product-focused role?

On behalf of a fast-growing, market-leading financial technology and pricing services provider, we are seeking a Senior Product Analyst with a strong investment banking background to manage, design, and expand Independent Price Verification (IPV) services across financial asset classes, with a specific focus on Equity Derivatives (including Exotic structures).

The Role

In this key client-facing and product development role, you will act as a subject matter expert bridging the gap between major global investment banks, technology teams, and valuation methodology. You will drive day-to-day service delivery, refine pricing methodologies, and help design next-generation valuation services for complex OTC derivatives.

Key Responsibilities

• Service Delivery & Pricing Analysis: Oversee automated IPV processes, review consensus data, resolve complex client queries regarding pricing inputs/methodologies, and manage formal price challenges.
• Client Engagement: Build strong relationships with Trading, Desk Quant, and Middle Office/Valuation Control teams across Tier-1 investment banks, leading regular client reviews and technical discussions (occasional international travel required).
• Product Innovation & Specification: Collaborate with internal software developers to specify, build, and test software enhancements for complex derivative pricing tools.
• Data & Quality Optimization: Analyze market data trends to continually improve valuation accuracy and consensus data quality.
• Regulatory Alignment: Monitor global market developments, regulatory updates (Prudential Valuation, FRTB), and accounting standards to ensure pricing services remain cutting-edge and fully compliant.

Requirements

• Investment Banking Background: Minimum of 3-5 years within a Tier-1 or Tier-2 Investment Bank's Valuation Control Group (VCG), IPV, or Middle Office Risk team.
• Asset Class Expertise: At least 2 years of direct coverage in Equity Derivatives, with a solid working knowledge of exotic products, structured notes, and complex OTC options alongside flow products.
• Regulatory & Accounting Depth: Strong understanding of banking regulations, IFRS 13 / Fair Value hierarchy, and Prudential Valuation standards relevant to IPV.
• Quantitative & Analytical Skills: Comfort working with complex valuation models, Greeks, volatility surfaces, and pricing inputs.
• Communication: Ability to confidently articulate complex valuation mechanics to desk heads, traders, and senior risk managers.

Desirable Skills

• Technical Skills: Hands-on experience with Python, VBA, or SQL for data analysis and automation.
• Languages: Fluency in a second language (French is highly desirable).
• SDLC Knowledge: Exposure to software development lifecycles or agile product delivery.