eFinancialCareers

• Company

  Markit

• Location

• Remuneration

  Competitive

• Position Type

  Employee

• Employment type

  Full time

• Updated

  05 Sep 2008

• eFC Ref no

  433810

This opening provides an excellent opportunity for graduates with relevant experience to establish themselves in the fast-growing CDS of ABS and European ABS market. We are looking for a motivated candidate to help with the development of Markit’s European ABS Performance Data.

Markit was founded in 2001 as the first independent source of credit derivative pricing and has recently been announced as the fastest growing private company in the UK. Today, our data, valuations and trade processing services are regarded as the market standard in the global financial markets, helping our clients to reduce risk and improve operational efficiency. As a private company with privileged relationships with 16 shareholder banks, Markit has unparalleled access to a valuable dataset spanning credit, equities and the broader OTC derivative universe. Our unique relationships with the bank shareholders give us the opportunity to work closely with these leading market makers to develop innovative solutions for the marketplace. With close to 1,000 institutions as clients - including investment banks, hedge funds, asset managers, central banks, regulators, rating agencies and insurance companies - we provide round-the-clock support from our offices in London, New York, Chicago, Toronto, Amsterdam, Brussels, Luxembourg, Tokyo, Singapore and Sydney.

Duties and Accountabilities
 

• Assist/lead a team of analysts in making sure that responsibilities are met and ensuring that the product meets high data quality levels.
• Analysing collateral and bond performance of asset-backed securities.
• Learning about European ABS Performance Data, data processes and workflow management tool.
• Staying abreast of the development of asset-backed securities and CDS of ABS markets.
• Enhancing and developing the analytical reach of the European Surveillance Product.
• Acting as a client liaison for the data businesses in Europe. This involves working with clients to understand their needs to help ensure we are delivering and exceeding their expectations.
• Understanding and assisting in the enhancement of all processes for gathering data and redistribution of data to client.

Business Competencies
 

• some relevant ABS experience.
• Self motivation with a strong desire to increase knowledge of European Surveillance products, asset-backed securities, CDS, fixed-income products, and financial markets. Experience in this context will be viewed upon favorably particularly for the Analyst role
• Fluency in any Contintental European language would be advantageous
• Knowledge of Excel/SQL/ACCESS would be preferable, but not essential. Note that the successful candidate will be expected to learn this NOTE: This is not an entry level role and would be ideal for someone with ABS experience looking to develop their career in an exciting and fast moving company.
• All candidates must have a valid work permit/visa for permanent work in the UK.

Personal Competencies
 

• Ability to work under pressure and to meet tight deadlines
• Ability to work well both independently and as a team member
• Proven analytical, problem-solving and quantitative skills