Crisil - Valuation Specialist - Independent Price Verification

Key Responsibilities

- Verify the accuracy of externally sourced prices for listed instruments and of externally sourced market values for OTC derivatives.

- Calculate fair values of less liquid securities (e.g. distressed debt, convertibles, delisted equity etc.) with a proprietary IT application or with valuation models provided by third party vendors.

- Calculate fair values of OTC derivatives (e.g. CDS options, callable swaptions, etc.) with proprietary IT application or with valuation models provided by third party vendors.

- Resolve time critical valuation issues respecting the cut-off times of the funds in the specific location.

- Prepare inputs for pricing committees, in particular assemble monthly data/statistics, generate research, etc.

- Communicate effectively with stakeholders (e.g. Risk Management, Investment teams, Legal & Investment Compliance, Fund Administration, etc.).

- Collaborate closely with valuation specialists to ensure common best practice is being applied for all AllianzGI portfolios globally.

Experience / Qualification

Required:

- Masters degree in Economics, Finance or related field.

- Relevant experience within the financial industry (5-7 years), preferably in the asset valuation function of an international asset manager.

- First-hand experience with the pricing service of the major data providers (e.g. Bloomberg, Markit, Refinitiv).

- In depth knowledge of most widely used valuation models (e.g. Discounted Cash Flows, Enterprise Value, Black Scholes, Stochastic Volatility, Hull-White, etc.).

- Advanced skills with Microsoft Office (especially MS Access and MS Excel).

- Excellent people skills and good communicator; must be able to effectively communicate to various levels (management, investments, sales/client service, outside business partners).

- Calm under pressure.

- Ability to prioritize multiple tasks in an organized and methodical manner.

- High commitment, motivation and willingness to take on responsibility.

- The ability to work independently as well as the ability to work flexibly in a team environment.

- Fluent (in spoken and written) in English.

- The working hours for this role are in line with the European business hours

Preferred:

- CFA or FRM charter.

- Coding skills in VBA, SQL and Python.

- Experience in developing new IT applications for streamlining processes.

- Fluent (in spoken and written) in German.