Pricing Associate Job Description
Pricing associate
provides end-to-end accounting support from the source sub-ledgers to the corporate ledger, for BMO Capital Markets, Securities Operations.
Pricing Associate Duties & Responsibilities
To write an effective pricing associate job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Leading cross-functional preparation, incl
Security set up and maintenance – Bonds, Equities, Listed and OTC Futures and Options, CDS indices
Identifying and implementing process controls
Completion of tasks handed over from London Office
Fair value pricing investigation and communication
Reviewing vendor fair value price factor exceptions, sending notifications to administrators as per agreed client specific guidelines, and responding to client queries
End of day pricing upload for new securities
Discussing any feedback from clients on Fair Value pricing service, process enhancements and system development
Documenting and presenting to Operations Management, locally produced procedures which will require formal sign off
Setting up and maintaining all standing data on investment systems in relation to securities, portfolios and counterparties
Pricing Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Pricing Associate
List any licenses or certifications required by the position: FSA, ASA, CPA, TA, JD, TUV
Education for Pricing Associate
Typically a job would require a certain level of education.
Employers hiring for the pricing associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Economics, Business, Accounting, Mathematics, Statistics, Education, Business/Administration, Marketing, Engineering
Skills for Pricing Associate
Desired skills for pricing associate include:
Industry activities
Index tracking and stock markets
Particularly corporate actions
Reuters
Aspect of processing and accounting on all Investment Funds
FTI
Fund Accounting and Custody operations and functions
MS Excel and Access is a strong requirement
Operation of Financial Markets with specific emphasis on the characteristics of all investment instruments types
Securities and assets from a Pricing perspective
Desired experience for pricing associate includes:
2-4 years of business experience in an analytical role
Excellent analytical skills to interpret information and produce actionable recommendations
Easily being able to translate analytics to non analytical business partners
Capability to prioritize and deliver multiple thread of work without losing attention to detail or strategic perspective
Ensuring the consistency of data between systems through automatic and manual reconciliation
Assigning pricing preferences to assets based on asset type and fund strategy
Pricing Associate Examples
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Pricing Associate Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of pricing associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing associate
- Responsible for using various pricing methodologies for Alternative Assets such as private equity, hedge funds, commodities, credit derivatives, to update core infrastructure and maintaining this data in the various accounting systems
- Proactively conduct reviews of pricing exception reporting on missing and stale securities prices and price variances resulting in significant market value changes
- Consistently create an improved operating environment by instituting best practices through collaboration with internal and external resources
- Understand the effect that changes in prices and other data elements have on portfolio performance and be sensitive to these changes
- Have general knowledge of security characteristics and market dynamics and how these entities impact firm wide reporting
- Research securities with difficult pricing characteristics and escalate issues to management when appropriate
- Maintain the manual pricing request queue and facilitate price changes between portfolio managers, the reporting system, and custodians
- Lead and contribute to firm-wide and departmental value-add projects and initiatives in addition to general responsibilities
- Daily price change review across universe of holdings providing these reports to the portfolio management teams
- Assist in monitoring the new business yield, mix and profitability portfolio performance
Qualifications for pricing associate
- High level of operational excellence for the team (measured in terms of timeliness and accuracy of service delivery)
- Adopt best practices by partnering with other locations providing Fund accounting services
- Ensure that all new products and procedures are standardized across all clients
- Expectation management of Direct reports staff to maintain team morale
- Assist in managing budget for the unit
- Identify and implement cost save measures Drive a core team to assimilate new products and leverage technology by means of system enhancements
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Pricing Associate Job Description
Job Description Example
Our innovative and growing company is hiring for a pricing associate. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for pricing associate
- Ability to cover extended hours as required
- Manage the production to ensure timely delivery and maintenance of quality
- Intraday close of business focus
- Ensure all risk factors and potential issues are communicated to seniors and escalated to Dept
- For coverage purpose only, review and sign-off of production
- Perform stratification for all exceptions
- Ensure adequate staff allocation not to impact production
- Good understanding of other operations within the bank Fund administration, Custody, Financial Reporting, Performance Measurement, Shareholder service
- Continuous review of existing process to identify the area of development
- Continuous review of procedure to maintain adequate controls
Qualifications for pricing associate
- Knowledge of mutual funds and CIS
- Delegate and manage various projects
- Assist in delivering multiple projects, service change requests and new business globally
- Identify risk, prepare impact assessments and align to strategic objectives of the pricing group
- Work closely with the operational pricing teams and stakeholders to understand their requirements/priorities/issues and deliver
- Record cost benefit analysis and FTE impact to realise efficiency savings and gains
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Pricing Associate Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of pricing associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for pricing associate
- Work with culturally diverse groups
- Contribute to run book management for key market holidays/DST
- Perform production parallel reconciliations for client on boardings to the PUMA pricing platform
- Process back end table updates
- Adhere to mailbox management to ensure all queries/requests are allocated and actioned
- Take ownership of own 1-2-1, training and personal development plan
- Participate in daily FAST/check out meetings, problem solving and best practice document sessions
- Positive role model to the rest of the team
- To fully understand and support the ITEQ and ETF dealing process
- Ensure all deals are sent to Treasury within predetermined deadlines
Qualifications for pricing associate
- Effective time management, prioritisation, can work on multiple deliverables
- Keen to learn project management approaches, tools and phases of the project lifecycle
- Able to work effectively with all levels
- Assist in the process of Fund Mergers, Launches and Closures of new Third Party Providers and funds
- Daily inputting and reconciliation of Third Party deals to enable settlement with the Third Parties
- Daily inputting and verification of Third party fund prices
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Pricing Associate Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of pricing associate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for pricing associate
- 100% quality check of deals placed by Third Party Providers
- To maintain the switch matrix in line with corporate actions and changes to the product offering
- To investigate and respond to specific enquiries, requirements and requests in a timely manner
- To keep Assistant Managers/Managers informed of work in progress and escalate any possible issues which will impact on the timeframe to complete
- Supply in-depth training to all team members across all processes, ensuring technical aspects are explained in clear and succinct detail
- Ensure many daily internal and external deadlines across many processes are successfully met
- Use technical knowledge and expertise to ensure that correct outcomes are reached when decisions are needed to be made
- To highlight areas of process improvements
- To gain regulatory knowledge and ensure knowledge is maintained
- Develop and lead coordinated competitive intelligence gathering across new and developing tumor opportunities
Qualifications for pricing associate
- Ability to work under pressure and to consistently meet deadlines
- Numerate with keen eye for detail and high degree of accuracy
- Ability to complete tasks in a timely manner and flexibility to work out of hours if required
- Energetic with a strong desire to deliver service excellence and exceed expectations
- Strong team player, but also to able to work independently without close supervision
- GFAS and XTRAC
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Pricing Associate Job Description
Job Description Example
Our company is hiring for a pricing associate. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for pricing associate
- Develop and implement the annual planning and budget management process for the brand across tumors
- Work closely with Market Research to identify pan-tumor opportunities for efficiencies and design a coordinated customer insight plan
- Serve as brand point for manufacturing, supply and operations
- Work effectively with cross-functional partners including research and development, medical affairs, regulatory affairs, manufacturing, HEOR, BD&L, market analytics, field sales organization, Global, legal, scientific communications, professional education, training and development, health care compliance
- Collaborates with Technicians on Rate Page documentation
- Provides support for zip inquiry processes
- Updates Blueprint documentation for upcoming rate changes
- Provides support for Portfolio Management Tool(PMT) maintenance for discretionary and compliance projects
- Provides support for post-implementation documentations including Technician Implementation Guidelines & Requirements TIGR manual updates
- Creates folder structures for state files
Qualifications for pricing associate
- Coordinate and manage to the creation of robust P&R dossiers for EMEA countries while maintaining an understanding of national and global perspectives and objectives
- Support due diligence efforts by leveraging P&R expertise to inform commercial assessments of potential acquisition targets
- Take initiative, work within existing management structure, and to consistently deliver high-quality work products
- Experience in organizing and prioritizing an international workload within a matrix environment within the pharmaceutical industry or consulting healthcare sector
- Previous hands-on experience writing and managing P&R dossier submissions ideally in the EMEA region
- Experience in specialist and orphan/ultra-orphan drugs would be an advantage