Pricing and Valuation Analyst
Within NN Group Investment Operations we are looking for a Pricing and Valuation Analyst with knowledge on valuation and experience in maintaining and improving pricing processes.
Investment Operations is responsible for the Accounting book of Records for the Insurance Investments of NN Group. An important part of this responsibility is to ensure that the pricing and valuation of all asset classes, including the in-house built and maintained model valuations, are a proper reflection of the fair valuation of the instruments in the market.
What are you going to do?
As a Pricing and Valuation Analyst you will work in an international working environment and will become part of Investment Operations. The team is a responsible for the valuation of financial assets.
The team is focused to continuously improve the pricing processes and methodologies around valuations but also on the sourcing, validation and distribution of data for valuation. This means e.g., investment decisions, risk management and reporting is directly based on your work. Besides, you will be the first point of contact in case of questions or incidents.
Your responsibilities:
- Execute the data gathering and valuation processes for the various financial instruments
- Maintain and improve the pricing and valuation processes in line with market practices, company methodologies and regulatory requirements
- Perform business- and data analysis to formulate requirements and user tests to improve the data management tooling (MarkitEDM) and enable change
- Perform periodical reviews on valuation models
- Follow up on incidents, including root cause analysis, formulation of tactical/structural solutions and communication to both clients and management and support periodical in- and external audit cycles
What we offer you
NN invests in an inclusive, inspiring work environment and in skills and competences for the future. We match this with employee benefits that are in line with what is needed today and in the future. This way, we offer our employees the opportunity to get the best out of themselves. We offer you:
- Salary between € 4414 and €6306 (based on 40 hours), depending on your knowledge and experience
- 13th month and holiday allowance are paid with your monthly salary
- 27 vacation days for a 5-day working week and one Diversity Day
- A modern pension administered by BeFrank
- Plenty of training and learning opportunities
- NS Business Card 2nd class, which gives you unlimited travel, also privately. Do you prefer to travel with your own transport? Then you can declare the kilometres travelled
- Allowances for setting up your home office and for internet use.
We work hybrid at NN. Together with your team, you decide where, how and when you work. The official location of this job is The Hague.
What you will bring
You have a high learning agility, meaning you can easily adapt and absorb new information in a changing environment. Customer service is central to everything you do. Thanks to your highly developed communication skills, you accomplish this with ease. You draw the best out of yourself as well as those around you. If you can help someone, you do not think twice about it. You are proficient in the use of Microsoft Office Software (Excel, Word, PowerPoint, etc), experience with financial modelling and coding (VBA) is a plus.
Furthermore:
- An academic degree in Finance, Economics or Econometrics
- 3+ years of relevant experience in valuation
- Knowledge of financial instruments, particularly OTC derivatives and illiquid instruments
- Experience in the financial industry with executing, improving and overseeing data processes including data quality and governance
- Fluent in both written and spoken English
You will work together with
As a Pricing and Valuation Analyst you will be part of the Investment Operations value stream within NN Group Finance Service Center, which is located in Head Office in The Hague, Netherlands. The value stream is responsible for the Accounting Book of Records (ABOR) of the Insurance Investments of NN and the asset data delivery to the NN Insurance entities of NN Group.
As part of the Pricing and Valuation team of Investment Operations, you will work in an international environment, working closely together with the (international) NN Insurance entities, Investment Office, Group Risk, Group Finance and the Asset Managers in order to deliver accurate, consistent, timely and high-quality pricing data.
