SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.
Job Description
SS&C Financial Services – Valuations Control – Manager
About SS&C Technologies
SS&C is a global provider of investment, financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries.
Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.
Job Description
SS&C Financial Services
A leading innovator in alternative investment technology solutions and services, SS&C is also home to the industry’s largest fund administrator: SS&C GlobeOp, helping funds of all sizes from start-ups to today's largest funds.
Named "Best Administrator: Technology" in the 2020 HFM US Services Awards. Across all of SS&C, we serve nearly $45 trillion in managed assets. We have assembled an exceptional team of fund accounting experts and equipped them with the industry’s leading technology, which SS&C built and supports.
About the Role
We are seeking an experienced candidate to join our team in London as a Valuations Manager. The successful candidate will oversee the pricing validation of OTC derivatives, listed securities, bonds, and other esoteric products traded by our clients.
The valuations team is a centralised team globally responsible for overseeing the pricing of the positions held in our clients’ portfolios in line with their valuation policy and plays a key role in ensuring integrity of the NAV production. The valuations team also performs valuation control activity.
The successful candidate will have the ability to work independently on a wide variety of tasks and display an aptitude for problem solving. They will assist in the monthly and quarterly tasks in a timely manner, and where necessary escalating valuation issues to Management/client. They will also be required to collaborate with various internal stakeholders on valuation matters and have knowledge on various asset pricing models.
This role offers significant opportunities for professional development and exposure to a wide range of financial instruments and valuation techniques, enhancing your expertise in the field. Additionally, you will have the chance to lead projects, collaborate with senior stakeholders, and influence strategic decisions, paving the way for future leadership roles within the company.
Your Responsibilities
- Lead the end-to-end valuation process across various financial instruments, including OTC derivatives.
- Oversee the review of P&L queries and monthly valuation reconciliations, analysing and resolving valuation exceptions.
- Manage the investigation and resolution of pricing and valuation discrepancies for OTC derivatives and securities using internal tools and vendor applications such as Bloomberg and Refinitiv.
- Ensure timely completion of NAV tasks by managing client deliverables and prioritising deliverables.
- Foster strong working relationships with internal and external global counterparts (Trade Capture, Fund Accounting, Market Data teams, Clients, Counterparties, and Vendors).
- Contribute to projects requiring pricing expertise.
- Lead periodic market data vendor due diligence reviews, track performance metrics, and analyse data nuances.
- Configure and review the pricing hierarchy and derivative valuation setups in the valuation system, ensuring alignment with the client’s valuation policy.
- Perform UAT testing for new valuation methodologies for new instrument types and provide feedback to the quantitative development team.
- Drive innovation by generating new ideas, challenging the status quo, and taking ownership to improve efficiency within the valuations team and maintain a robust valuation control process.
Your Experience
Ideally you will have a strong analytical background with significant experience in valuation or product control across multiple asset classes as well as:
- Degree in Finance or another numerical discipline, including financial derivative modules.
- Extensive knowledge of financial instruments such as bonds, interest rate swaps, equity options, FX options, swaptions, etc.
- Strong understanding of applied mathematics in derivative product valuation.
- Proven ability to investigate pricing discrepancies between various pricing sources.
- Excellent organisational skills to see projects from inception through to completion.
- Skilled at prioritising, organizing, and managing multiple clients/tasks.
- Exceptional written and oral communication skills, with the ability to convey complex valuation information to a diverse audience in a clear and concise manner.
- Ability to work to tight deadlines as part of a team.
- Proficiency in Bloomberg is an added advantage.
EEO Statement / Non-agency Disclosure
We encourage applications from people of all backgrounds and particularly welcome applications from under-represented groups, to enable us to bring a diversity of perspectives to our thinking and conversation. It's important to us that we strive to have a workforce that is diverse in the widest sense.
Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.
Background Checks
All offers of employment at SS&C are subject to background verification checks, including 5-year employment history, proof of eligibility to work in hiring location, proof of address, credit check and criminal record check (where permitted by local law). The accuracy of all information you submit as part of your application is vital and may be used as part of the background checking process should you be successful.
Unless explicitly requested or approached by SS&C Technologies, Inc. or any of its affiliated companies, the company will not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services.
SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race, color, religious creed, gender, age, marital status, sexual orientation, national origin, disability, veteran status or any other classification protected by applicable discrimination laws.
