This role, reporting to the US Head of Product Control, will be responsible for executing the Independent Price Verification (“IPV”) function at BGI.
Job Responsibilities:
Assist in ensuring the accuracy of Daily P/L and reliable investor and management reporting by:
• Analyzing model-based and illiquid prices across BGI funds, especially in asset-backed securities (both MBS and other ABS) • Assessing pricing and model inputs against independent sources to determine appropriate support • Assisting in building infrastructure to create a repeatable IPV process • Assist in developing pricing policy, and evaluate compliance with policy • Assessing market data vendor processes to validate reliability of quotes • Build monthly report of price verification results • Liaise with our Fund Administrator to create independent checks, and provide for cost-effective controls
Qualifications:
• Bachelor’s degree in related field (finance, financial math, accounting); master’s degree highly preferred • 5-7 years’ experience in similar roles, especially relating to ABS/MBS • Experience with Intex, Bloomberg, Markit and similar market data tools is required, as well as a high degree of competence with MS Office tools • Good communication skills, necessary for effective liaison with various management and senior staff in the product teams, Finance, Operations, and our Fund Administrators
