Career Advice - OTC Derivatives Valuation Analyst

All, I’d appreciate some career advice regarding what potential (derivatives specialism/trader) the attached job spec could afford me 12-18 months down the line… Career development-wise I’ve got TWO real options in mind - become a derivatives specialist/trader (roles relevant to this position) or; - move into Fixed Income as a bond analyst… I’m currently a CFA Lvl 2 candidate so comments on whether this job could offer ‘relevant’ experience for completion of the CFA program are welcome, since at first glance, I’m unsure of its credentials :slight_smile: Thanks in advance :slight_smile: ---------------------------------------------- OTC Derivatives Valuation Analyst The derivatives Valuation Control Group is organised into a team of client facing OTC derivative valuation specialists based in London. The valuation analyst will be the first line of support for both internal and external clients and they will contribute significantly to developing the product and service as the business evolves. Responsibilities • Provide valuation and pricing services to internal & external clients across a variety of OTC derivative products including credit, equity, interest rate, inflation, commodity, and property derivatives. • Assist with the daily market data capture and validation. • Assist with the development and roll out of support for new derivative products from a valuation and lifecycle management perspective. • Initiate and deliver analytics around the valuation service including management information on basis of valuation, explanations of valuation movements and market commentary • Establish and develop strong relationships with both internal & external clients. • Assist with the on-boarding of new clients into the service. Experience/Skills • Finance background preferably from either a trade support/middle office environment. • Minimum of 2 years hands on technical experience across a range of derivative products. This may have included exposure to valuations, price testing, modeling, and P&L analysis. • Ability to establish credibility and build strong relationships with clients • Excellent communication skills with the ability to present information in a concise and informative manner • Self motivated, demonstrate initiative, innovation, and solid problem solving skills. • Extremely detail and control orientated • Good working knowledge of Summit preferred but not essential • Strong PC skills; in particular Excel and Access. VBA would be an advantage

You need to talk to them about what your real job responsibilities would be. The first bullet point could be a great job. The second bullet point is a lousy job. BTW - If a new client is “on-boarded”, what happens to a client who is leaving? Are they “over-boarded”, “off-boarded”, “out-boarded” or what?

JoeyDVivre Wrote: ------------------------------------------------------- > You need to talk to them about what your real job > responsibilities would be. The first bullet point > could be a great job. The second bullet point is > a lousy job. True. Should the job turn out to be more orientated towards the FIRST bullet point, could the job duties be deemed suitable at CFAI for the award of the CFA charter? > > BTW - If a new client is “on-boarded”, what > happens to a client who is leaving? Are they > “over-boarded”, “off-boarded”, “out-boarded” or > what? The spec makes no mention of parting clients so I assume (rightly or wrongly) they wouldn’t be included in the job’s responsibilities. Thanks very much for the feedback.

Kakane Wrote: ------------------------------------------------------- > JoeyDVivre Wrote: > -------------------------------------------------- > ----- > > You need to talk to them about what your real > job > > responsibilities would be. The first bullet > point > > could be a great job. The second bullet point > is > > a lousy job. > > True. > Should the job turn out to be more orientated > towards the FIRST bullet point, could the job > duties be deemed suitable at CFAI for the award of > the CFA charter? > almost certainly.