The Intern Pricing Analyst – Securities Master File (6 months) is a critical role within the bank’s Private Banking domain, responsible for the accuracy, timeliness, and integrity of security prices across all asset types.
Embedded in the Securities Master File team, this role focuses on the full pricing lifecycle: sourcing, validation, monitoring, exception handling, and controls (including delta checks, missing and stale prices), ensuring robust data quality for front office, risk, operations, performance, and client reporting.
- Duration: 6 months (interim mission)
- Team: Securities Master File (SMF)
- Scope: Pricing for all instruments within Private Banking
- Stakeholders: Front Office, Risk, Operations, Performance, Client Reporting, IT, Procurement, Data Vendors
- Key Responsibilities
- Ensure daily acquisition and validation of prices for all in-scope instruments (equities, fixed income, funds, ETFs, money market, structured products, derivatives, private placement, hedge funds).
- Execute daily pricing control framework:
- Delta price checks vs prior valid prices and tolerances.
- Missing and stale price detection and remediation.
- Ensure pricing hierarchy is well applied according to approved sourcing policies.
- Investigate discrepancies between vendors and coordinate vendor queries, challenges, and corrections.
- Resolve breaks by applying alternative sources, manual validation, or price challenges; document rationales and evidence.
- Pricing exceptions; perform root-cause analysis (stale feeds, mapping, instrument reference data gaps, pricing source provider).
- Coordinate with Corporate Actions, Fund Desk, and Operations to align price effective dates and event impacts (splits, coupons, redemptions, suspensions).
- Execute daily, weekly, and monthly pricing quality KPIs and attestations (e.g., completeness %, stale rate, exception aging, SLA adherence).
- Contribute to enhancement of pricing rules, dashboards, and controls to reduce false positives and improve STP.
- Participate in testing and validation of system changes impacting pricing
- Update and maintain operational procedures (process flows, risks, controls, KPIs) specific to pricing.
- Core Competencies
- Behave Ethically
- Communicate Effectively
- Foster Teamwork
- Creativity/Innovation
- Organize
- Solve Problems
- Specific Competencies
- Economic, mathematical, or quantitative education.
- Solid knowledge of financial instruments and pricing conventions across asset classes.
- Strong prioritization, especially under cut-off pressure and incident scenarios.
- Familiarity with pricing controls: delta checks, stale/missing detection, vendor waterfall logic
- Other Skills/Abilities
- Open mind and team orientation
- Be open to others’ ideas; balance personal and team interests.
- Express opinions and criticism constructively.
- Innovation and development
- Seek opportunities to improve existing controls and processes.
- Be a continuous learner and adopt change with a positive attitude.
- Professional business culture
- Think in Problem–Action–Results terms.
- Go beyond specific assignments and take ownership.
- Be proactive and driven with a strong client service ethic.
- Quality, internal & external regulation
- Consistently comply with internal policies, vendor contracts, and relevant regulations.
- Seek opportunities to improve quality in all aspects of the pricing process.
Maintain quality standards despite schedule pressures.
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Core Competencies : Adherence to the company’s values: Dedication, Conviction, Agility and Responsibility - Compliance with regulations and internal directives
