Java Developer for Interest Rates Derivatives Team_fixed term Job in Budapest 1097, Budapest Hungary
Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services. With more than 1,200 offices in 42 countries, the people of Morgan Stanley are dedicated to providing our clients the finest thinking, products and services to help them achieve even the most challenging goals.
Since its establishment in 2006 the Technology division in Budapest has grown rapidly to over 300 professionals. The teams are part of a global technology organization that is responsible for the development, support and maintenance of business critical applications and a world class infrastructure.
There are multiple opportunities for
Position Category: Information Technology
Position Title: Java Developer for Interest Rates Derivatives Team_fixed term
Job Level: Consultant
Location: Hungary - Budapest
Education Required: Bachelors Degree
Position Description:
The candidate will be part of the Interest Rate Derivatives trading systems team. This is a front-office development team with 80+ members spread over three continents, including 20 in London.
The team is responsible for trade capture life-cycle management, market data management and calibration of systems to calculate valuations, risk, profit loss for both real-time and end-of-day and feeds where appropriate to downstream systems. There will be a considerable amount of interaction with trading desk and quants as well as financial controllers, market risk and derivative operations departments.
The interest rate derivatives systems are in the early phase of considerable multi-year change that are required to meet the demands stemming from regulatory change, expansion of electronic trading of derivatives and a firm-wide strategic goal to increase market share in this area, set against a backdrop of rapidly evolving global economic conditions. Key elements of the renovation are the realtime risk systems, the job distribution and scheduling for the overnight risk calculations and the feeds of risk and trade information to the firm-wide finance, settlement, collateral and confirmation systems.
The ideal candidate will demonstrate an eagerness to learn the existing platforms, which are built using a variety of technologies including java, C++, C# and be proactive in designing and building the next generation of systems to meet the business demands. The person will also be able to handle competing demands including both tactical and strategic initiatives, manage own work to aggressive deadlines and work within a globally distributed team. The role will offer a good opportunity for those looking to make a difference to a major business division.
Skills Required:
? Strong technical background including proficiency in OO design and in-depth knowledge of java or scala
? Experience of linux development environment
? Problem solving ability including ability to discuss and refine requirements with users, convert those requirements into a design and build a solution to meet that design
? Strong communication skills
Skills Desired:
? Some knowledge of interest rate derivatives, or financial options in general
? Familiarity with derivate trade capture and/or risk systems
? Experience with functional programming and with scripting languages such as perl
? Knowledge of perforce or similar source-control system and jira or similar job-tracking system
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