Job Information
Bloomberg Financial Engineer - Enterprise Products in New York, New York
Derivatives professionals require accurate valuations to assess risk and move with confidence. We provide an integrated solution for every step of the derivatives workflow, across all asset classes. Our models are fed with high quality data giving you the context you need, so you can trade confidently and stay ahead of the markets.
What’s the role?
Bloomberg’s Financial Engineering Services team concentrates on offering premium structuring, valuation and risk services to our clients including cross-asset flexible, customizable tools and models that illustrate valuation transparency. Our models are fed with high-quality data giving our clients the context they need, so they can trade expertly and stay ahead of the markets.
As a Financial Engineer, we’ll expect you to:
Interact with production clients on queries including price challenges, model/data validation requests, workflow testing, etc.
Work with the sales team in new client engagements, often involving in-person client visits as well as conducting in-depth product testing and coverage checks/validation
As a derivatives SME (Subject Matter Expert), collaborate with internal stakeholders, including quants, engineers, data/product owners and drive new enhancements in our valuation/data platform
Stay up-to-date with the latest developments in derivatives, including market evolutions and new pricing methodologies
Build custom scripts to price bespoke payoffs based on term sheets provided by clients. Financial Engineers with extensive coding experience may also be involved in building sophisticated pricing solutions in a rapid development environment
You'll need to have:
5+ years of work experience in a front-office quantitative role or experience from a derivatives vendor*
Proven understanding of derivatives models in at least one major asset class (Rates/Equities/FX/Credit/Commodities), including market conventions, vanilla/exotic options, and market practices regarding bespoke exotic valuation and hedging
Proven effective communication with internal and external stakeholders
We'd love to see:
Work experience in interest rate and/or credit derivatives
Master's degree or PhD in STEM or quantitative finance
Experience using Bloomberg, and other derivative pricing platforms
Technical experience with financial libraries and a solid understanding of Windows/Unix/Linux systems
Work experience in financial engineering, structuring, and/or trading OTC Derivatives/Structured Notes
Ability to work in a fast-paced, sophisticated and cross-asset environment
Ability to work with multiple groups across reporting lines and collaborate across teams
Familiarity with industry standard valuation models and "street practices" used for security valuation and portfolio risk analysis
*Please note we use years of experience as a guide, but we will certainly consider applications from all candidates who are able to demonstrate the skills vital for the role.
If this sounds like you, please apply!
We'll get in touch with you to let you know next steps. In the meantime, check out https://www.bloomberg.com/company/what-we-do/
Salary: 140000,240000,USD,Annual
Bloomberg
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