Financial Engineer - OTC Derivatives

  • Company

    Bloomberg
  • Location

    UK-London
  • Compensation

    Competitive Base + Bonus + Benefits
  • Position Type

    Permanent
  • Employment type

    Full time
  • Updated

    06 Oct 2009
  • eFC Ref no

    559534
The Financial Engineering group (part of our Bloomberg Core OTC Derivatives/Structured Notes Product group) is seeking market practitioner oriented Financial Engineers with in-depth product knowledge in at least one asset class (more is better). You will be joining a rapidly expanding specialised area of Bloomberg
The Financial Engineering group (part of our Bloomberg Core OTC Derivatives/Structured Notes Product group) is seeking market practitioner oriented Financial Engineers with in-depth product knowledge in at least one asset class (more is better). You will be joining a rapidly expanding specialised area of Bloomberg focused on offering premium structuring, valuation and risk services to our client base.

The candidates should have recent experience at a Dealer (or at other top financial institutions) in financial engineering, structuring, and/or trading OTC Derivatives/Structured Notes. Familiarity in bespoke derivatives term sheets, the industry standard valuation models and 'street practices' used for security valuation and portfolio risk analysis is imperative. Experience using Bloomberg, Numerix and other derivative pricing platforms is a plus.
Valuation will rely heavily on the appropriate choice and use of pricing models (combined with appropriate adjustments when necessary). Therefore the candidates must have sufficient understanding and intuitive skills to assess if model results are reasonable. Successful candidates with strong communication skills may engage in a 'client facing' role, (however this is not required for all candidates). The candidates will be working with people spanning the whole spectrum from external clients, and internal sales specialists, to developers and quants.

Essential requirements:
* Strong understanding of derivatives models including market conventions, vanilla/exotic options, and market practices regarding bespoke exotic valuation and hedging.
* Exceptional written and verbal communication skills. Proficiency with Excel and Word. Candidates must also have the ability to present in front of a group and interact with clients, via phone or face-to-face.
* Ability to work in a fast-paced, complex and cross-asset environment.

Qualifications:
* Masters degree in a technical area (such as Math, Physics or Engineering), quantitative finance related Master Degrees (or DEA)
* Working knowledge of Excel, VBA. Familiarity with financial libraries (C, C++) and mathematical packages such as Matlab or Mathematica a plus.
* Ability to work with multiple groups across reporting lines
* Solid experience at a Dealer (or at other top financial institutions).

The Company
Bloomberg is the leading global provider of financial data, news and analytics. The BLOOMBERG PROFESSIONAL service and Bloomberg's media services provide real-time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organizations, financial and legal professionals and individuals around the world.'


Bloomberg is an equal opportunities employer and we welcome applications from all backgrounds regardless of race, colour, religion, sex, ancestry, age, marital status, sexual orientation, gender identity, disability or any other classification protected by law.
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