- Entry level
- No Education
- Salary to negotiate
ABS Evaluator - Evaluated Pricing by Refinitiv
On October 1, 2018, Blackstone (55%) and Thomson Reuters (45%) formed a partnership that purchased the Financial & Risk Business of Thomson Reuters, now known as Refinitiv.
The Pricing Service by Refinitiv (“Pricing Service”) is an independent, global evaluated pricing source covering over 2.6 million fixed income securities and derivatives. Coverage spans all major financial markets and prices are available at multiple times daily. Our evaluated prices, which provide detailed transparency and market insight, are designed to support asset managers, custodian banks, mutual funds, investment banks, accounting firms, and financial research providers.
The Pricing Service staff consists of over 130 fixed income professionals and support staff in 10 locations: New York, London, Paris, Tokyo, Singapore, Sydney, Bangalore, Mumbai, Gdynia, and Costa Rica. Our experienced evaluators apply consistent and transparent pricing methodologies, incorporating observable market data and standard market convention practices.
Evaluators are assigned to asset classes in each region within the Pricing Service: Governments, IG Corporates, High Yield, Bank Loans, Munis, Securitized Products (MBS, RMBS, CMBS, CLO/CDO), Derivaties, Compliance/Operational Risks & Controls, and Customer Service.
This role requires the Evaluator to evaluate fixed income securities with a focus on Securitized Products such as RMBS, CMBS and other ABS structures. It involves following financial markets, collaborate with 3rd party cash flow modelling provider, making use of big data sets to create meaningful trends/themes, design methodologies and ultimately make use of advanced technologies to evaluate bonds. Knowledge of securitisation in combination with programming skills is key to be successful in this position.
Perform analysis on ABS issues, resulting in consistent, accurate and defensible evaluated prices
Aggregate, assess and apply market color and trade data that directly impact our evaluations
Analyse underlying collateral performance and deal structure
Perform quality control checks to insure pricing accuracy
Interact with clients to discuss broad market dynamics and specific challenges about fluctuations in prices
Apply technologies to develop proprietary models and enhance end-to-end valuation practices
Work with Research & Analytics team to innovate and automate existing models to ensure new methodologies are scalable and meet market standard
Bachelor's degree in a related field such as Finance, Economics or Quantitative Finance
Knowledge of fixed income markets and securitisation structures
Advanced knowledge of programming language(s) e.g. Excel VBA, Python, Machine Learning, AI
Ability to independently research and apply complex concepts in a real-world context
Strong problem-solving skills are crucial and must have the ability to handle multiple tasks simultaneously
The Financial and Risk Business of Thomson Reuters is now Refinitiv. Refinitiv equips the financial community with access to an open platform that uncovers opportunity and catalyzes change. With a dynamic combination of data, insights, technology, and news from Reuters, our customers can access solutions for every challenge, including a breadth of applications, tools, and content—all supported by human expertise. At Refinitiv, we facilitate the connections that propel people and organizations to find new possibilities to move forward.
As a global business, we rely on diversity of culture and thought to deliver on our goals. Therefore we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under country or local law. Refinitiv is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.
Intrigued by a challenge as large and fascinating as the world itself? Come join us.