Job description
About the Opportunity
Job Type: Permanent
Title Specialist - Fair Value
Department Asset Valuation
Location Dublin
Reports To Senior Manager
Level Level 4
We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Asset Valuation team and feel like you’re part of something bigger.
About your team
The Asset Valuation department is comprised of two main functions - Pricing and Fair Value.
The Pricing function is responsible for the daily pricing of all securities held by onshore, offshore and institutional funds. The asset types covered include Equity, Fixed Income and Derivative instruments which are valued at multiple valuation points during the day.
The Fair Value function provides support to the Fair Value Committee who ensure that all FIL’s customers are treated fairly and equitably through implementation and application oversight of valuation policies. The Fair Value responsibilities include determining a reasonable value for securities that do not have regular exchange traded or market price, where outside influences could affect the value of associated holdings at the point of fund valuation. Fair value pricing is performed on both a market and individual security level.
About your role
The Fair Value Specialist role is responsible for developing fair value models and running analysis related to fair value adjustments, swing pricing application and Hard-to-Price-Asset valuations. The Specialist role is also responsible for ensuring FIL’s Fair Value policies are applied to the portfolios’ holdings daily. This includes supporting the controlled process and fulfilling the administrative, investigative, and reporting requirements of the Fair Value Committee.
Key Responsibilities
Operational
- Ensure all daily operational deadlines are met by the team including those designed to identify potential issues
- Check all work completed by Analysts for accuracy
- Developing/carrying out analysis on Fair Value models
- Troubleshoot issues and escalate where appropriate to Technology groups
- Ensure all queries are responded to in a timely manner
- Escalate risk exposure issues in a timely manner
Team Working
- Build and maintain relationships with both internal stakeholders and external parties
- Support and participate in cross departmental projects
- Work with colleagues to generate and deliver effective solutions
About you
Essential skills and experience
- Experience of security pricing for Retail and Institutional Funds including Level 3 securities (E.g., OTC derivatives & Private Equity)
- Knowledge of Fair Value and Anti-Dilution techniques such as Swing Pricing
- Strong working knowledge of Microsoft Office (particularly Excel)
- Experience with data analytics technology (SQL, Python) and Techniques (linear regression)
- Ability to work under pressure and to tight deadlines in a time critical environment
- Demonstrates strong sense of ownership; can work independently to deliver results
- Effective problem solver; can troubleshoot issues independently
- High level of Risk awareness
Feel rewarded
For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.
For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.
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