Senior Market Analyst - Securitized Products

LSEG Data & Analytics • Full-time • USA-New York-28 Liberty Street, United States of America • 3w ago

A Securitized Products Market Analyst at Refinitiv’s Evaluated Pricing Service is responsible for providing timely and accurate valuations on Pools & Agency CMOs. Valuations are used by asset managers, investment banks, mutual fund administrators, custodians, and retail brokerage for client reporting, research, risk analysis, and portfolio valuation.

The Analyst will have five major responsibilities:

Daily evaluation of fixed income securities
Creating and maintaining market contacts
Client service for existing and prospective customers
System design and research
Training of junior staff

The Securitized Products analyst applies specialized expertise in the assessment of fair market value for Pools & Agency CMO. Evaluators assess the inherent risk of these securities through the observation of yield curve movement, prepayment forecasts, collateral performance, trade prices, broker quotes, and market news. Evaluators must also analyze various quality control reports to ensure valuation accuracy.

The analyst will have direct communication with Pricing Service customers. This involves client presentations, deep dive bond analysis, and price challenge responses. The Evaluator must be able to represent the Pricing Service organization by clearly communicating valuation models and asset class methodologies.

Evaluators in the Pricing Service will work directly with the research and analytics team to identify system, process, methodology, and model enhancements. These improvements are necessary to meet customer expectations in the following areas:

Regulatory requirements
Coverage and accuracy
Automation and transparency
Customer service

Evaluators are responsible for training and mentoring junior staff in all aspects of the valuation process, especially entry level staff in all Refinitiv locations. Training topics cover day to day operations, market practices, and valuation techniques. They will also assist in the documentation of training manuals.

Summary of Responsibilities:
Perform fair value analysis on Securitized Products resulting in consistent, accurate and defensible evaluated prices

Aggregate, assess, and apply market color and trade data that directly impact our valuations
Maintain appropriate spread relationships among the waterfall of rated securities
Perform quality control checks to ensure pricing accuracy
Contribute to the initiatives to improve the efficiency of production processes
Support sales and account management teams with pre- and post-sales client calls
Communicate to clients our methodology, models, and inputs for pricing a particular security
Adhere to QA procedures, data operations standards, and current policies and procedures
Respond to inquiries from our clients while providing a top-level customer experience
Cultivate and maintain close contacts with the dealer community to obtain market insights and gain transparency

Requirements

Bachelor's degree or equivalent experience in a related field such as Finance, Economics, or Quantitative Finance
1-5 years working experience in the Securitized Products valuations; deep domain expertise in asset-type specific methodology/analytics
Use of Yield Book is a plus
Ability to communicate professionally and effectively both face to face and via telephone
Excellent data analytics skills and highly proficient in Excel
Able to work independently and as part of a team
Strong quantitative and analytical skills with an emphasis on fixed income mathematics
Creative and innovative problem solver
BA, SQL and/or Python programming experience a plus

Compensation/Benefits Information (New York applicants only):

LSEG is committed to offering competitive Compensation and Benefits. The anticipated base salary for this position is $85,400 - $158,800.Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our Annual Incentive Plan (AIP/”bonus plan”). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and equivalent experience. LSEG roles (excluding internships and part-time roles of less than 20 hours per week) are typically eligible for inclusion in our LSEG Benefits program, which includes offerings of: Annual Wellness Allowance, Paid time-off, Medical, Dental, Vision, Flex Spending & Health Savings Options, Prescription Drug plan, 401(K) Savings Plan and Company match. LSEG’s Benefits plan also includes basic life insurance, disability benefits, emergency backup dependent care, adoption assistance commuter assistance etc.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

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