Derivative Valuation Analyst

AllianceBernstein L.P.; Nashville (TN); On-site; USD 90,000 - 130,000; Full time

Job summary

AllianceBernstein L.P. seeks a Derivative Valuations Analyst in Nashville to manage daily OTC pricing and ensure accurate valuation data for investment decisions.

You will validate models, investigate data anomalies, and communicate findings across Operations, Portfolio Management, Risk, and IT, owning pricing quality with proactive problem solving.

Qualifications

• Bachelor's degree in Mathematics, Engineering, Computer Science or Quantitative Finance.
• 0 to 4 years of OTC pricing, operations or middle-office experience.
• Attention to detail with reliable validations under daily deadlines.
• Ability to explain complex pricing or data issues clearly to diverse audiences.
• Curiosity to test systems and models and own data-driven issues.
• Proactive ownership to resolve system issues and improve processes.
• Advanced Excel required; Python or VBA familiarity; exposure to Bloomberg/ICE IPA/Calypso/SIM Corp advantageous.

Responsibilities

• Manage daily OTC pricing by validating models across products and resolving discrepancies before reaching investment teams.
• Serve as the primary contact for daily pricing questions.
• Investigate unusual data, explain market data issues to PMs, Risk, Audit and partners.
• Maintain internal controls by tracking market events and regulatory shifts for compliant valuation.
• Collaborate with Bloomberg and other vendors to compare data and ensure quality controls.
• Leverage Python or VBA to automate repetitive tasks and improve workflows.
• Model, test, and validate new OTC markets, vendors, strategies, and instruments as onboarded.

Skills

Attention to Detail

Clear Communication

Intellectual Curiosity

Proactive Ownership

Education

Bachelor's degree in Mathematics, Engineering, Computer Science, Quantitative Finance

Tools

Excel (Advanced)

Python

VBA

Bloomberg

ICE IPA

Calypso

SIM Corp

Job description

Who You'll Work With

AllianceBernstein is looking for a proactive, detail-oriented Derivative Valuations Analyst to help manage the daily pricing of our complex OTC derivatives. You will sit at the center of Operations, Portfolio Management, Risk, and IT, ensuring our global investment teams have the accurate valuation data they need to make decisions.

What You'll Do

This role is the engine of our OTC daily pricing operations. Much of your day will be spent involved in detailed validation, investigating data anomalies, and communicating across teams. We are looking for someone who takes natural ownership of their work. The role requires proactive identification of pricing anomalies, independent price and curve verification, root-cause analysis and clear data-driven escalations to key stakeholders.

Key Responsibilities

• Manage the daily derivative pricing process by validating models across all OTC products, catching exceptions, and resolving discrepancies before they reach the investment teams or external clients.
• Serve as the primary contact for daily pricing questions.
• When data looks unusual, investigate the underlying market data and provide clear, straightforward explanations to Portfolio Managers, Risk, Audit, and external partners.
• Maintain the integrity of our internal controls by tracking market events and regulatory shifts, ensuring our valuation processes consistently meet compliance standards.
• Work with secondary pricing sources and external vendors, such as Bloomberg, to compare data and ensure reliable quality controls.
• Take advantage of opportunities to use tools like Python or VBA to automate repetitive tasks, making the team’s daily workflows smoother and more efficient.
• Model, test, and validate new OTC markets, vendors, strategies, and instruments as they are onboarded by the firm

What We're Looking For

• Education: Bachelor's degree in Mathematics, Engineering, Computer Science, Quantitative Finance.
• Experience: 0 to 4 years of experience in OTC pricing, operations or middle-office roles.
• Attention to Detail: You take pride in your accuracy and have the focus to execute detailed validations reliably, even when working against strict daily market deadlines.
• Clear Communication: Ability to explain complex pricing or data issues simply and clearly for a variety of audiences.
• Intellectual Curiosity: A natural drive to question how systems and models work, taking the initiative to test things on the side and learn underlying mechanics rather than blindly following a checklist.
• Proactive Ownership: A strong sense of initiative to independently and proactively resolve system issues or feed failures, deploying a practical workaround to keep pricing moving forward and suggesting a longer-term permanent solution.
• Technical Stack: Advanced Excel skills are mandatory. Familiarity with Python or VBA is needed but not required on day one. Prior exposure to Bloomberg, ICE IPA, Calypso or SIM Corp is a distinct advantage.

About AB

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work. Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us! All are encouraged to apply.

AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB's policies and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.

Nashville, Tennessee

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 51 locations operating in 25 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work. Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us! AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB's policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.