Risk Developer – FX Derivatives recruitment

The developer will work closely with the primary clients of the risk management system - the FX option trading desk. The developer will also work with control functions including Finance, Market Risk and Credit Risk departments which also actively use the system and its outputs. The developer will work closely with other teams contributing to the risk management space, namely FX quant group, Quant development group and other members of the FX Derivatives IT team.

As a member of the Risk Management development team, the individual will work closely with other developers and the project manager to deliver new functionality to the system to support a series of high profile programs underway across UBS.

The individual will be working across the entire development lifecycle from analysis to development, implementation, production rollout and second level support. This role is based on the trading floor in Stamford and requires a successful candidate to work closely with option traders to understand their needs and create and deliver efficient IT solutions to their problems.

The developer will take part in the redesign of the risk application replacing the legacy C++/CORBA services with a SOA based in Java. Data will be aggregated in an OLAP cube with a C# front-end. This effort will take place concurrently while maintaining/supporting the existing code base. This task will be on the 12-24 month horizon.

Requirements –

 - A minimum of 4 years C++ server side development

 - A minimum of 3 years Java SOA development

 - A minimum of 2 years OO Analysis and Design

 - A minimum of 2 years of UNIX experience

Preferred Qualifications –

 - Working on a front office derivatives risk management system

 - Experience in building a C# front-end application

 - Experience with third-party OLAP cube

 - Experience in working for a financial organization engaged in trading activity

 - Basic option modeling and valuation

 - Front office derivatives risk management system exposure

 - Data Synapse or other commercial grid software

 - CORBA

 - Four year bachelors degree or international equivalent