Bloomberg Jobs

Fixed Income Evaluator - BVAL Pricing

New York, NY

Posted Jun 7, 2024 - Requisition No. 125845

Bloomberg’s Fixed Income Pricing group provides gold standard pricing services to the financial markets. Our solutions include products like BVAL, IBVAL Front Office, CBBT and BGN. We price over 2.9 million securities across all fixed income asset classes, including thinly traded and hard-to-price fixed income securities. Our customers rely on us to understand markets and analyze complex structures which allow them to make thoughtful investment decisions, which ultimately creates more value for the investor. Our mission is to drive greater transparency, liquidity and safety in global fixed income markets.

To produce this pricing data, we absorb billions of data points from hundreds of financial markets every day. We pipe this data through pricing algorithms which employ quantitative and machine learning techniques. This process produces the high-quality pricing that the market and our customers need. We also develop applications that provide intelligent analytics and transparency for these prices.

The Role:

Bloomberg's Evaluated Pricing (BVAL) business is a market leader in fixed income pricing and the pricing provider to the Bloomberg Indices. BVAL prices multiple times daily for clients across buy side, sell side and custodial clients. Mutual funds, money managers, hedge funds, internal pricing groups, and auditors rely on BVAL to establish fair and independent fixed income asset valuations. We are known for:

• Transparent methodologies that aid clients in the full investment lifecycle

• Pricing data provided how and when clients want it

• Legendary customer supportBVAL Fixed Income Evaluators are capital markets experts responsible for employing relevant, innovative, and leading-edge valuation models that leverage Bloomberg’s in-house analytics to provide high-quality data for the front office, middle office, and operations. The current team consists of a high performing group of professionals with extensive and varied experiences, including former traders, portfolio managers, and research analysts.

We’ll Trust You to:

• Design and support valuation models and systems to provide clients with evaluated prices for Fixed Income securities

• Work closely with other BVAL team members, Business Development, and Engineering to develop innovative models and enhance our products offering

• Assist clients who use BVAL prices for NAV, P&L and/or risk analytic purposes

• Discuss markets, complex valuation models, and pricing questions with colleagues and clients

• Collaborate with multiple groups across reporting lines and support downstream product including sales and business to identify and implement workflow improvements and operational efficiencies

• Use innovative valuation models leveraging Bloomberg’s in-house analytics along with credit, market drivers and bond structure to provide accurate pricing for clients.

• Partner with engineering and business teams to create and prioritize user stories, specifications, and acceptance criteria

You’ll Need to Have:

• 3+ years experience in related Fixed income or Evaluator position

• Demonstrate ability to utilize tooling related to ingesting and normalizing data

• Experience related to programming and scripting in a production environment using Python

• Bachelor's degree in finance, computer science, or similar

• Excellent Excel skills, including the ability to create financial models, perform statistical analysis and work with large data sets to help design and support BVAL’s valuation models

• An understanding of the fixed income market, market drivers, bond structures, fixed income analytics and pricing approaches

• Excellent communication, collaboration, and partnership skills

• Experience translating complex pricing concepts into clear and concise explanations

• Ability to prioritize and manage multiple tasks and projects in a fast-paced environment

• Ability to analyze and interpret data and metrics and make data-driven decisions

We’d Love to See:

• Experience trading, investing or analyzing/valuing of Municipal Securities

• Knowledge of the Bloomberg Terminal

Does this sound like you?

Apply if you think we're a good match and we'll get in touch with you to let you know next steps. In the meantime, check out http://www.bloomberg.com/professional . Enterprise Data page: https://data.bloomberg.com/

Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity/parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

Bloomberg is a disability inclusive employer. Please let us know if you require any reasonable adjustments to be made for the recruitment process. If you would prefer to discuss this confidentially, please email amer_recruit@bloomberg.net.

Salary Range: 160,000 - 210,000 USD Annually + Benefits + Bonus

The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.

We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation [Exempt roles only], paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.