Pricing & Valuation Specialist

7 days ago


Chicago, Illinois, United States Virtus Investment Partners Full time
About the Role

Virtus Investment Partners is seeking a highly skilled Pricing & Valuation Specialist to join our Fund Services team. As a key member of our Pricing & Valuation team, you will be responsible for working with third-party pricing vendors and subadvisors to create appropriate valuation models for complex instruments not listed on an exchange. You will also be responsible for documenting and testing pricing vendor methodologies and monitoring, testing, and reporting on changes in those methodologies as required by SEC rule 2a-5 rule requirements.

Key Responsibilities
  • Develop and implement complex security financial models for Virtus mutual funds, ETFs, and UCITS/QIFs administered by Virtus Fund Services.
  • Collaborate with the Valuation Committee and the Board of Directors to ensure accurate and complete security valuations.
  • Design and implement the valuation control structure over administration for the mutual funds, ETF, UCITS, and QIFs products subject to regulations of the Investment Company Act of 1940.
  • Assist with onboarding of new products or security types concerning impacts on daily valuation and regulation considerations.
Requirements
  • Bachelor's degree in finance and 3-5 years of related experience or 5+ years of relevant financial modeling experience.
  • Knowledge of the mutual fund industry including the regulatory environment, vendors, complex investment types such as derivatives, and key impacts on pricing and valuation.
  • Ability to multitask and handle a number of complex items under tight deadlines.
  • Experience with Excel, Access, PowerPoint, and Word.
What We Offer

Virtus Investment Partners offers a competitive salary range of $95,000- $118,000, as well as the opportunity to participate in a company incentive plan. This position is eligible for a starting salary offer that will vary based on the applicant's education, experience, skills, abilities, geographic location, internal equity, and alignment with market data.



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