Sr. Developer- Fixed Income Pricing recruitment

Role:  Senior Developer, Derivatives Pricing IT

This role is within a technology team focused on the needs of Vanilla Interest Rate Trading and Sales desks across US and Canada, with a big focus on Toronto desk. The role will be engaged in and/or drive development of variety of trading tools including, but not limited to, Excel based Pricing and Risk Management ones as well as contribute to the development of strategic efforts in the area of Live Pricing. The ultimate success of delivery of any software to these desks depends on the effectiveness of this team. Excellent understanding of the desks needs across functional boundaries (pricing, risk, trade capture, execution) and an ability to interact with traders is required in addition to solid development skills.

Core Competencies / Skills:

Business Knowledge

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

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

• Good understanding of P/L Decomposition and familiarity with curve construction methodologies

Technical Skills

• Highly skilled in developing performing and maintainable Excel/VBA based tools

• Experience with C#/.NET and Java is highly desirable

• Experience developing, maintaining, deploying, and supporting Fixed Income pricing applications

• Experience with object oriented languages and design patterns

• Desirable to have experience with databases and distributed cache products (Coherence, Oracle, etc)

• Desirable to have experience with distributed compute grids (DataSynapse)

• Good experience with Agile style development

Primary Objectives:

• Be the primary pricing/tools developer for the Swaps desk in Toronto

• Develop tools and/or applications, primarily in Live Pricing/Quoting, Risk and Trade Capture space

• Collaborate with technology teams responsible for Core systems

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

Core Behaviors:

• Maintain razor sharp focus on the desks needs

• Excellent judgment on tactical vs. strategic solutions trade off

• Ability to work effectively with the quantitative and other technology teams

• Good written and communication skills

• Ability to develop a trust based relationship with traders

• Ability to cope with changing priorities

• Takes accountability for their own work

• Aligns immediate needs with long-term strategies

• Abides by the RBCCM Code of Conduct