A global macro hedge fund is looking to make additions to their growing Valuations function. The firm offers a highly collaborative environment, close interaction with senior portfolio managers, and genuine progression for strong performers, including the opportunity to broaden product coverage and take on more ownership of valuation and P&L processes. This hire forms part of a strategic expansion and offers hands-on involvement in a high-growth environment.
This role works at the core of the fund’s portfolio valuation and P&L process. The successful candidate will partner closely with Portfolio Management, Trading, Risk, Quant, and Operations to validate pricing, explain P&L, and support the build‑out of scalable tools and processes across multiple asset classes, with a particular focus on the macro product suite.
Key responsibilities:
- Perform daily and monthly valuation control across a range of derivative and fixed income products, with particular focus on interest rate derivatives.
- Own the Independent Price Verification (IPV) process across relevant asset classes, leveraging external pricing sources and valuation tools where appropriate.
- Review and challenge valuations produced by external administrators, ensuring alignment with internal pricing policies and market data.
- Analyse and explain P&L, including investigating drivers, pricing differences and booking issues in coordination with Portfolio Management and Operations.
- Review curve construction and market data inputs in partnership with quantitative and risk teams, ensuring consistency of discount curves, forward curves and volatility surfaces.
- Prepare and present valuation‑related analysis and commentary to senior stakeholders across the firm.
- Contribute to the enhancement of valuation and P&L infrastructure, including process automation and implementation of new tools and technologies.
What they are looking for:
- 5+ years valuations experience gained within a reputable financial institution (Hedge Fund experience is strongly preferred).
- Solid knowledge of macro product suite, with strong exposure to interest rate derivatives; familiarity with other products on top is also beneficial.
- Strong understanding of curve construction (discounting and forwards) and IR / FX volatility surface concepts across multiple currencies.
- Advanced Excel skills.
- Familiarity with Python, VBA or data visualisation tools is a plus.
- Detail‑oriented, intellectually curious and comfortable challenging existing processes in a constructive way.
- Strong communication skills and the ability to work effectively with senior stakeholders in a fast‑paced trading environment
This fund is looking to hire best-in-class talent, and as such will offer a leading pay package.