Senior Pricing Analyst

Posted 5 days ago
Main Location
Atlanta, GA, United States
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Invesco is one of the world’s leading global investment managers, entrusted with managing $1.2 trillion* in assets on behalf of clients worldwide. We are the 6th largest US retail asset manager and the 13th largest investment manager globally, and our more than 8,000 employees worldwide are dedicated to delivering an investment experience that helps people get more out of life. We are purely focused on managing a comprehensive range of active, passive and alternative investment capabilities, which we draw on to provide customized solutions aligned to client needs, our most important benchmark. (*As of May 31,2019)


Job Purpose (Job Summary): 

Under limited supervision, a Senior Pricing analyst is expected to handle pricing issues including the daily review of vendor supplied prices and research and resolution of pricing exceptions in a timely manner. Provides subject matter expertise as it relates to the valuation of complex fixed income securities, private equities, unquoted securities or etc. Mentors and trains other team members. Researches and provides recommendations for the automation and improvement of daily processes. Independently prepares valuation reports for various Valuation Committees, Board of Trustees, Financial Reporting, and the funds’ independent auditors.


Key Responsibilities / Duties:

  • Review deal documents, prospectus and/or offering documents of various securities and understand the mechanics of valuations. Monitor weekly valuations received from vendors and brokers to analyze whether the price movement or changes in collateral make sense
  • Provide deep dive analysis of various fixed income securities where vendor prices differ over 2%
  • Offer peer leadership, mentoring and training for other analysts in product knowledge
  • Work with Assistant managers to ensure that daily tasks are completed by the team
  • Maintains up-to-date technical knowledge of existing and new investment valuation issues and provides subject matter expertise in complex fixed income securities such as insurance linked securities
  • According to established procedures, reviews and analyzes third party valuations received daily to ensure reliability. Assist in independent quality assessment of third party vendors
  • Develops and supports relationships with third party agents and pricing vendors to ensure reliability of complex investment valuations
  • Assists in the documentation and reporting of valuation issues to various Invesco Valuation Committees and Fund Boards
  • Answers queries from Invesco staff such as Fund Accountants, Compliance, Legal, internal and external auditors and Investments personnel
  • Assists in improving internal control procedures related to security valuation analysis and documentation
  • Participates in special projects as required

 

  

Work Experience / Knowledge:

  • Minimum 3 years’ experience in the securities/investment industry is required with a working knowledge of Fixed income securities, cashflow modeling, private equities, bank loans or other product valuations, controls and regulatory requirements

 

Skills / Other Personal Attributes Required:


  • Clear evidence of analytical skills relevant to complex valuation issues arising from various fixed income securities, private equities and unquoted securities
  • Must understand and be able to explain key financial concepts and how they contribute to the generation and analysis of valuations
  • Must have the ability to research and communicate the valuation methodologies of new and complex investments
  • Must be able to utilize computer equipment and software at a proficient or advanced level that supports analysis and valuation of complex securities
  • Must have working knowledge of common market data services such as Bloomberg, Refinitive, ICE Vantage or MarkIT
  • Must have the ability to handle multiple tasks, prioritize work, meet deadlines and concentrate on detailed information
  • Must have excellent communication skills with the ability to present information in a concise and informative manner
  • The ability to contribute in a team environment is critical

 

 Formal Education: (minimum requirement to perform job duties

 

  •  A Bachelor's degree in Finance, Economics, Mathematics, or a related field is required or an equivalent combination of education, training and experience that would provide the knowledge, skills and ability required

  

License/Registration/Certification: (minimum requirement to perform job duties)

  • CFA or CPA designation (or progress toward) is required or an equivalent combination of education, training and experience that would provide the knowledge, skills and ability require 
  • Valuation experience in insurance linked securities or private equities is preferred but not required

 

Working Conditions:

  • Normal office environment with little exposure to noise, dust and temperatures
  • The ability to lift, carry or otherwise move objects of up to 10 pounds is also necessary
  • Normally works a regular schedule of hours, however hours may vary depending upon the project or assignment
  • Hours may include evenings and/or weekends and may include 24 hour a day on call support by pager and/or cell phone

 

FLSA (US Only): Nonexempt


The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.


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Senior Pricing Analyst
Invesco, Ltd.