Quantitative Developer 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: Quantitative Strategies
Position Title: Quantitative Developer
Job Level: Associate
Location: Hungary - Budapest
Education Required: Refer to Position Description
Position Description:
The Market Modeling Team supports Morgan Stanley's securities trading business by creating mathematical models and software tools to predict the future evolution of different markets and price and risk-manage various financial products. The Budapest Market Modeling Team is expanding to support the Residential Whole Loan business, Residential Conduit business and Residential Mortgage Warehouse business and we are currently looking to establish an Analytics team for this effort. The main goal of the new team is to help the trading desks with model implementation and model integration tasks; hence, these positions will provide an excellent opportunity to get acquainted with the mathematical models and software technologies used in the residential mortgage businesses.
We are looking for candidates with the following profile for the Residential Mortgage Analytics team:
Responsibilities:
• Determine and create the valuation and risk management models that will feed the firm’s books and records for positions that are currently on the books or about to be purchased or bid upon.
• Creating models that the desk will use to drive trading decisions
• Monitoring and analyzing the effectiveness of current valuation and risk models and championing and enacting new developments as needed
• Acquire necessary business knowledge to complete the tasks
• Be open to learn and apply new technologies and programming languages
Skills Required:
• B.Sc. or M.Sc. in computer science, engineering, mathematics, physics, or similar quantitative area
• At least 2 years of programming experience in C++ (or other widely used object-oriented language) for experienced candidates
• Academic software project experience in C++ (or other widely used object-oriented language) for entry-level candidates
• Comfortable working in a Linux-based development environment
• Affinity towards mathematics
• Confident command of English
• Ability to understand all aspects of a multicultural environment
Skills Desired:
• Experience in Q or Perl
• Experience with databases
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