Monday, March 01, 2010

Java Credit Risk Developer in New York, NY

Monday, March 01, 2010
Description Our client, one of the largest financial services firm, is seeking a Product Integration Developer.Location: New York , NY Type of position: ContractDuration: 6+ months The role offered is a within the Global Credit Technology Team with responsibility the development of the risk platform for Credit Trading business. The position will report to Product Integration manager of the MARS application. Job Background/context: The Credit Technology team currently supports over 40 applications with significant overlap in the risk management and transaction management functions with significant inter dependencies. Starting in 2008 it embarked on a strategy to develop a Client architecture that would address key functional GAP and allow convergence of the many systems into a core set of tools/platforms. The strategic risk computation the framework being developed is called MARS (Multi Asset Risk System) whose goal is to create a consistent environment for pricing and risk managing products globally in credit. Key Responsibilities: Development of Risk management software in JAVA. Design development and testing of application software in JAVA and related technologies Solving complex technical and business problems. Implementation of risk computation by integration of analytics in Java and C++ Third line technical support rotation for global risk batch L3 support. Development of comprehensive testing procedures Automation of testing and change management processes. Key Relationships: Colleagues in Technology teams supporting horizontal technology initiatives in the bank such as Middle Office, Fixed Income Research and Analytics Other teams within Client's Technology organisation: support, development, hardware, networks etc. Vertical technology managers in Credit supporting Flow, PECD and EMCT Development Value: Opportunity for exposure to leading technologies. Exciting and dynamic environment with exposure to front office trading staff Person Specification Knowledge/Experience: Experience working in a Front Office trading environment. Experience in analytics integration using JAVA. Proven experience of the full development life-cycle. Previous experience in the financial industry is essential, and knowledge of Credit derivatives and Bonds, experience with other products such as IR Swaps is an advantage. Previous experience developing frameworks to be leveraged by external groups is desirable. Experience in trade live cycle and processing for the Credit Default Swap Product. Skills: Strong programming skills in JAVA Good in SQL & database Strong programming skills in Autosys and Shell scripting Strong verbal and written communications Understand of risk management and pricing Experienced in Analytics integration for risk and pricing using Java Using Microsoft excel Pivot tables to reconcile and analyze data Qualifications Bachelors degree, advanced degree desirable Competencies Pro-active and dynamic individual who is able to perform under pressure in a Front Office trading environment. Ability to understand and meet deadlines. Delivery-focussed, self-motivated, and an excellent team player. Able to write technical design and testing documents and provide innovative technical solutions.
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