Senior Valuation Analyst II

Manulife John Hancock; Boston (MA); On-site; USD 73,000 - 122,000; Full time

Job summary

Manulife John Hancock is seeking a Senior Valuation Analyst II in Massachusetts to support fair valuation of securities by addressing pricing exceptions, researching methodologies, and preparing materials for pricing committees. The role requires evaluating market data, documenting rationale, and ensuring controls and procedures are robust.

The position focuses on daily checklist execution, documentation, and collaboration with sub-advisers to determine fair value, with potential involvement in

Qualifications

• Bachelor's degree required.
• 5-10 years of relevant industry experience.
• Strong working knowledge of Bloomberg.
• Strong knowledge of financial products, complex securities, derivatives, options, futures and fixed income securities.
• Excellent analytical and problem-solving skills.
• Strong communication and organizational skills.

Responsibilities

• Perform daily checklist items and ensure the accuracy and completeness of the daily tasks.
• Ensure that all pricing exceptions and discrepancies are properly addressed and resolved, including addressing with pricing vendors and/or sub-advisors.
• Address pricing exceptions by assessing available market trading levels and/or broker quotes, available news stories, and interacting with sub-advisors to determine reasonability of prices obtained.
• Analyze fair valuation methodologies obtained from sub-advisers to confirm whether methodologies obtained are reasonable and are supported by clearly defined rationale.
• Analyze facts and circumstances relating to fair value issues, and document background of issues and recommendations to be presented to the MANULIFE Pricing Committee.
• Analyze macro-economic events and how they may impact the valuation of the Funds' holdings.
• Assess adequacy of procedures and controls and identify enhancements, where appropriate.
• Perform back-testing of fair value prices and assess effectiveness of methodologies used.
• Utilize technology to improve efficiencies within the Securities Valuation Group.
• Assist in preparation of monthly and quarterly Pricing Committee meeting materials.
• Research valuation exceptions and identify supporting documentation relating to the valuation exceptions.
• Identify issues which may require fair valuation by the Pricing Committee.
• Make recommendations on how to fair value certain securities that will first be reviewed by a Director before a recommendation is presented to the Pricing Committee for consideration.
• Other duties as assigned.

Skills

Bloomberg

Financial products

Analytical skills

Excel

Communication

Education

Bachelor's degree

Tools

Microsoft Access

Job description

Assist in ensuring that the Manulife Funds' securities are valued at fair market value by addressing pricing exceptions in accordance with the Securities Valuation Group's daily checklists, the Funds' Valuation Policies and Procedures, and standard operating procedures. In addition, support the fair valuation process, specifically relating to the research, analysis, documentation and reporting of fair valuation recommendations. The Senior Valuation Analyst II researches valuation exceptions and identifies supporting documentation relating to valuation exceptions. The role also identifies issues which may require fair valuation by the Pricing Committee and makes recommendations on how to fair value certain securities for review by a Director before presentation to the Pricing Committee for consideration.

Position Responsibilities:

• Perform daily checklist items and ensure the accuracy and completeness of the daily tasks.
• Ensure that all pricing exceptions and discrepancies are properly addressed and resolved, including addressing with pricing vendors and/or sub-advisors.
• Address pricing exceptions by assessing available market trading levels and/or broker quotes, available news stories, and interacting with sub-advisors to determine reasonability of prices obtained.
• Analyze fair valuation methodologies obtained from sub-advisers to confirm whether methodologies obtained are reasonable and are supported by clearly defined rationale.
• Analyze facts and circumstances relating to fair value issues, and document background of issues and recommendations to be presented to the MANULIFE Pricing Committee.
• Analyze macro-economic events and how they may impact the valuation of the Funds' holdings.
• Assess adequacy of procedures and controls and identify enhancements, where appropriate.
• Perform back-testing of fair value prices and assess effectiveness of methodologies used.
• Utilize technology to improve efficiencies within the Securities Valuation Group.
• Assist in preparation of monthly and quarterly Pricing Committee meeting materials.
• Research valuation exceptions and identify supporting documentation relating to the valuation exceptions.
• Identify issues which may require fair valuation by the Pricing Committee.
• Make recommendations on how to fair value certain securities that will first be reviewed by a Director before a recommendation is presented to the Pricing Committee for consideration.
• Other duties as assigned.

Required Qualifications:

• Bachelor's degree required.
• 5-10 years of relevant industry experience.
• Strong working knowledge of Bloomberg.
• Strong knowledge of financial products, complex securities, derivatives, options, futures and fixed income securities.
• Excellent analytical and problem-solving skills.
• Strong communication and organizational skills.
• Must be proficient with Microsoft Excel.
• Working knowledge of financial models and fundamental understanding of valuation techniques.

Preferred Qualifications:

• Business degree in Accounting or Finance preferred.
• Advanced degree or CFA designation is a plus.
• Strong knowledge of foreign and domestic securities markets and security types is preferred.
• Microsoft Access experience preferred.

When you join our team:

• We'll empower you to learn and grow the career you want.
• We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we'll support you in shaping the future you want to see.

If you are applying to this role in Massachusetts, please note the salary range is $73,350 to $122,250 USD. Additionally, employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance .

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html .

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative