Senior Developer, Derivatives Pricing IT recruitment

The role participates in the development of the strategic real time pricing system whose scope includes but is not limited to generating executable and indicative pricing, curve generation and a variety of pricing tools.

PRIMARY RESPONSIBILITIES 

Develop Pricing system components, related tools and/or applications, primarily in Live Pricing/Quoting space. Most of the development involves some business analysis, a lot of coding in C# or Java, testing and being responsible for the releases

Collaborate within the global pricing team and with technology teams responsible for Core systems

Continuously evaluate  the best mix of technology to solve the business problems

COMPETENCIES Behavioural

Develop Pricing system components, related tools and/or applications, primarily in Live Pricing/Quoting space

Collaborate with technology teams responsible for Core systems

Continuously evaluate  the best mix of technology to solve the business problems

Technical 

Previous experience developing and delivering real time pricing or risk systems

Highly skilled with C#/.NET and/or Java

Experience with messaging systems such as TIBCO and Solace

Desirable to have experience with databases and distributed cache products (Coherence, SQL Server, etc)

Desirable to have experience with distributed compute grids (DataSynapse)

Good experience with Agile style development

Business Knowledge

Experience with methods and techniques for Valuation of Vanilla Rates products, such as IR Swaps, Swaptions, Futures and Government Bonds

Thorough understanding of swap curve construction methodology and pricing tools trading uses.

Deep understanding of market conventions in terms of quoting, trading and electronic execution of these trades

Good understanding of P/L Decomposition and Interest Rate risk