Talent.com
Millennium Management
Equity Portfolio Pricing & Valuations.Millennium Management • London, United Kingdom
Equity Portfolio Pricing & Valuations.

Equity Portfolio Pricing & Valuations.

Millennium Management • London, United Kingdom
30+ days ago
Job type
  • Full-time
Job description
Equity Portfolio Pricing & Valuations

Role Title: Equity Portfolio Pricing & Valuations
Location:London

This role sits at the intersection of trading, risk, and quantitative analytics, focusing on the accurate pricing and valuation of equity autocallable products.

You will own the end-to-end valuation process, ensuring robust daily P&L, transparent attribution, and strong model governance across a complex structured products portfolio.

Job Responsibilities

  • Pricing & Daily P&L:Own the official end-of-day marking and P&L production for all equity autocallable products, ensuring prices are accurate, consistent, and aligned with market data and internal policies.
  • P&L Explanation & Attribution:Decompose daily and periodic P&L into clear components, including market movements (Greeks-based P&L), idiosyncratic events, trading activity, and other factors, to provide transparent explanations to traders, risk, finance, and senior management.
  • Model Calibration:Calibrate model and reserve parameters to observable market datasets (e.g., volatility surfaces, correlations, dividends) and maintain robust calibration methodologies and documentation.
  • Model Risk & Reserves:Support the testing, validation, and rollout of new pricing models; compute, review, and post appropriate model reserves in line with model risk policies.
  • Counterparty Valuation Oversight:Monitor portfolio valuations versus counterparty marks, investigate and reconcile material differences, and help drive fair value and dispute resolution processes.
  • Controls & Lifecycle Monitoring:Design and enhance systematic controls to track lifecycle events for autocallable products (e.g., coupon payments, barrier events, calls), ensuring accurate reflection in positions, valuations, and P&L.

Qualifications

  • An advanced degree (or equivalent) in a quantitative discipline such as Engineering, Mathematics, Physics, or similar, with at least 3 years of relevant experience in equity derivatives, structured products, or quantitative finance.
  • Advanced knowledge of equity derivatives products, their risk profiles (Greeks), and common valuation methodologies for structured products and exotics.
  • Strong coding skills (e.g., Python, C++, or similar) and the ability to work efficiently with large datasets, automation, and analytics tools.
  • Highly detail-oriented, with a strong sense of ownership, rigor, and accountability in pricing, controls, and documentation.
  • Collaborative team player with strong communication skills and a willingness to support and partner with trading, risk, technology, and operations.
Create a job alert for this search

Equity Portfolio Pricing & Valuations. • London, United Kingdom

Similar jobs

Global Equity Portfolio Strategy Lead

EFG InternationalGreater London, England, GB
Full-time

EFG International is seeking a senior equity specialist to lead global equity selection and portfolio construction.You will build models by geography, sector, or factor, and conduct fundamental ana... Show more

 • Promoted

Investment Principal - Growth Equity

Rypples LtdGreater London, England, United Kingdom
Full-time

Rypples is a permanent-capital platform built by two unicorn founders on a mission to accelerate the scaling of ocean-positive solutions by re-inventing venture impact investing.In the Grey to Gree... Show more

 • Promoted

Quantitative Futures Portfolio Manager (Mid-Frequency)

Sartre GroupGreater London, England, GB
Full-time

Sartre Group in London seeks a Portfolio Manager with quantitative futures trading experience to join our growing team, implementing mid-frequency strategies and expanding profitability.You will ba... Show more

 • Promoted

Pricing Actuary - Newly Created Portfolio Solutions team

ValayoGreater London, England, GB
Full-time

Valayo are currently working on an opportunity with a leading Lloyd’s syndicate who are hiring for a Pricing Actuary within a newly created Portfolio Solutions team.The role would report directly i... Show more

 • Promoted

Senior Quantitative Equity Portfolio Manager - London

Acadian Asset ManagementGreater London, England, GB
Full-time

Acadian Asset Management is seeking a London-based Portfolio Manager to join its Equity Portfolio Management team.This role emphasizes overseeing client portfolios and requires a deep understanding... Show more

 • Promoted

Private Equity Senior Associate looking for partnership

Chadwick NottGreater London, England, United Kingdom
Full-time +1

Private Equity Senior Associate looking for partnership.Our longstanding client, a global law firm, has an expanding mid‑market PE offering which they are looking to bolster.The role suits an ambit... Show more

 • Promoted

Senior Portfolio Actuary

Arthur FinancialGreater London, England, GB
Full-time

A client of ours has created a new team and is looking for an ambitious Pricing Actuary who is looking for an impactful role that works closely with stakeholders.This role is embedded within underw... Show more

 • Promoted

Portfolio Solutions - Pricing Lead

Markel CorporationGreater London, England, GB
Full-time

The Portfolio Solutions Pricing Lead is a senior, market‑facing role embedded within the Structured Portfolio Solutions team.The role blends actuarial expertise with underwriting judgement, support... Show more

 • Promoted

Lead Portfolio Solutions Pricing Actuary

American International GroupGreater London, England, GB
Full-time

American International Group in Greater London is looking for a Portfolio Solutions Pricing Actuary to lead pricing initiatives for their Portfolio solutions division.This role requires strong anal... Show more

 • Promoted

Senior Portfolio Valuations & Analytics Lead

Carnegie ConsultingGreater London, England, GB
Full-time

A leading global private equity advisory firm is seeking a Portfolio Valuations Manager to shape and execute the valuations operating model.This role involves preparing company valuations, collabor... Show more

 • Promoted

Global Quantitative Equity Portfolio Manager

EverestQuantGreater London, England, GB
Full-time

EverestQuant is seeking experienced Systematic Equity Long/Short Portfolio Managers and Quantitative Researchers to work in London.Candidates should have a strong background in mathematics or STEM,... Show more

 • Promoted

Senior Pricing Actuary: Portfolio Strategy & Stakeholders

The ActuaryGreater London, England, GB
Full-time

The Actuary, London, is seeking an ambitious Pricing Actuary to join a newly formed team embedded within underwriting across multiple lines of business, driving portfolio performance and strategic ... Show more

 • Promoted

Systematic Portfolio Manager | Equity Stat Arb

Edge Capital GroupGreater London, England, GB
Full-time

Edge Capital Group is a talent partner serving the buyside space, which engages a niche number of multi-strat hedge funds, single-strat funds, proprietary trading firms and asset managers, with a f... Show more

 • Promoted

Equity Analyst: Long-Biased Fund, TMT & Healthcare

Mondrian AlphaGreater London, England, United Kingdom
Full-time

An established industry player is seeking a skilled Equity Analyst to join their dynamic investment team.This exciting role involves engaging in thorough fundamental analysis and supporting investm... Show more

 • Promoted

London-Based Portfolio Strategy Lead – Equities

Capital GroupGreater London, England, GB
Full-time

Capital Group is seeking a Portfolio Strategy Manager (Equities) to exercise independent investment judgment across client vehicles, ensuring convictions are reflected in portfolios amid market dyn... Show more

 • Promoted

Equity Portfolio & Pricing Valuations

MillenniumGreater London, England, GB
Full-time

Equity Portfolio & Pricing Valuations Analyst.This role sits at the intersection of trading, risk, and quantitative analytics, focusing on the accurate pricing and valuation of equity autocallable ... Show more

 • Promoted

Equity Portfolio Manager/Engineer – ETFs/Index Investing

DWS GroupGreater London, England, GB
Full-time

Title: Equity Portfolio Manager/Engineer – ETFs/Index Investing.Today, markets face a whole new set of pressures – but also a whole lot of opportunity too.Opportunity to innovate differently.Opport... Show more

 • Promoted

Quantitative Trading & Research: Credit Portfolio Lead

JPMorgan Chase & Co.Greater London, England, United Kingdom
Full-time

London seeks an Associate and Vice President to join the Quantitative Trading & Research – Credit Portfolio team.You will develop analytics for CVA and FVA, contributing to risk management and pric... Show more

 • Promoted

EMAP India Equity Portfolio Manager – Co-Lead

J.P. MORGANGreater London, England, United Kingdom
Full-time

Morgan Asset & Wealth Management, a global leader in investment and wealth management, seeks a Portfolio Manager to join the EMAP Equities team in London and co-manage India funds.You will work clo... Show more

 • Promoted

Lead Mortality Pricing & Portfolio Manager

Swiss ReGreater London, England, GB
Full-time

Swiss Re in Greater London is seeking a qualified actuary to play a significant role in shaping reinsurance solutions across the UK & Ireland.This client-facing position involves leading pricing de... Show more