Structured Finance Indices Analyst

The Role

Markit is a fast-growing company operating in a fast-moving industry.

Our work environment is characterized by rapid innovation. Our employees are helping shape the future of financial markets and as such enjoy exciting career opportunities globally.

As an industry-sponsored private company, driven by an entrepreneurial team and partly owned by our employees, Markit is a company where people who are prepared to work hard, embrace change and innovate, thrive.

The Structured Finance group covers different products such as the management of Indices (ABX, CMBX, ECMBS, Hybrix and TABX), the Reference Cashflow Database, US ABS Performance Data, a CMO/ABS Cashflow modeling service, a European ABS pricing service and the ABSReports structure. This opening provides an excellent opportunity for recent graduates to establish themselves in the fast-growing CDS of ABS and CMBS market

The Responsibilities

The successful candidate's main duties will be:

Organizing and launching new Structured Finance Index rolls
Daily communication and relationship management with traders
Cross department interaction
Structured Finance Sales support
Development and management of products surrounding indices as well as new products
Daily client interaction and support
Providing Analyst support to the ABCDS product
Staying abreast of the development of asset-backed securities and CDS of ABS and CMBS markets

The Person

The successful candidate must be able to combine:

Proven analytical, problem-solving and quantitative skills
Ability to work well both independently and as a team member
Strong interpersonal skills to interact professionally with business heads and senior traders on a daily basis
Self motivation with a strong desire to increase knowledge of synthetic Indices 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
Ability to work under pressure and to meet tight deadlines
Proficiency in Excel is required. Knowledge of SQL would be preferable, but not essential. Note that the successful candidate will be expected to learn these skills.
Bachelors Degree is required

All candidates must have a valid work permit/visa for permanent work in the US. We kindly and respectfully request agencies not to submit applications. Unfortunately due to volume, we will not be able to contact unsuccessful applicants. We are committed to being an equal opportunity employer.

The Position

This position is at Associate level

The Package

The salary will be competitive and the individual will participate in the company’s discretionary bonus scheme. The benefits are of a market standard ensuring that total compensation will be competitive.

The Contact

Interested applicants should send their CV and a covering letter to Mary McLoughlin at mary.mcloughlin@markit.com citing "Structured Finance Indices Analyst - New York" in the subject line.