Programmer Professional Markets Manager

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POST DATE 8/31/2016
END DATE 12/19/2016

Confidential Company Jersey City, NJ

Jersey City, NJ
AJE Ref #
Job Classification
Full Time
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Senior hands-on analytics developer responsible for developing, enhancing and extending the UMR Margin Calculation infrastructure, working with a global team.


* Strong analytical ability, independent problem solving, and good communication skill
* Knowledge of capital markets (10+ years), deep understanding of OTC Derivatives from practitioner perspective, familiarity with Risk and/or Margin processes
* Knowledge of instrument level and portfolio level risk analytics like greeks, stress and VaR .
* Proven track record of developing robust, scalable and production quality, large scale risk based systems.
* 10+ years of Java/Python or other OO programming language
* Knowledge of SQL ( 5+ years ; SQLServer preferred)
* Excellent communication skills and strong problem solving abilities
* Experience working in true agile environment with ability to quickly adapt to changing requirements


Prime Brokerage supports hedge funds, professional traders and market makers in trade execution, securities lending, margin finance and risk reporting. Our group supports the Enterprise Risk and PB Risk - Margin users to measure, monitor and manage the risk and exposure to our clients. The users are spread globally; primarily in London, New York and Hong Kong.


The successful applicant will be working with the global development and operations team. The technology team is also spread globally across various centers in London, Dublin, Toronto, Mumbai, Chennai and New York. The primary responsibility of this role is to develop, articulate and help execute the strategic technology platform that supports risk based margin for PB and other business lines. This team is responsible for extending and supporting all the current business and system flows whilst developing the unified strategic platform across all asset classes using consistent data and analytics.


Be a part of the team that designs and extends the technology infrastructure (Electrum) to enable processing for Margin, Business Risk, Capital, Liquidity and other enterprise risk needs.

This is a senior developer role and as such requires understanding and evaluation alternatives development methodologies, architectural and technical choices. Also, the development team is globally dispersed requires clear and effective communication. Understanding the problem space data analysis and define specifications for integration with various SORs and Authorized data sources, as well as with quantitative models built across various asset classes including fixed income and equity products. Communicate with different business units to facilitate product development.


_Responsible for developing, enhancing, modifying and/or maintaining applications in the Global Markets environment. Software developers design, code, test, debug and document programs s well as support activities for the corporate systems architecture. Employees work closely with business partners in defining requirements for system applications. Employees are expected to have in-depth capital markets product knowledge, and manage a high level of risk. Employees typically have in-depth knowledge of development tools and languages. Is clearly recognized as a content expert by peers. Responsible for day to day supervision for a small team of associates; provides coaching and input into the performance management process. Typically requires 5-7 years of applicable experience._



* Strong analytical ability, independent problem solving, and good communication skill
* Knowledge of capital markets (10+ years), familiarity with Risk and/or Margin processes
* 10+ years of Java/Python
* Knowledge of SQL ( 5+ years ; SQLServer preferred)
* High level knowledge about structure, sensitivities and usage of financial products such as:
* Interest rate - Treasury Futures, Interest Rate Futures/Options, Interest Rate Swaps, Swaptions
* Credit - Credit default swap/index
* Equity - Equity /Index/Future Options, Swaps, ETFs
* FX - FX Options, Futures
* Knowledge about market data for the above products e.g. Credit spread curve, Yield curve, CDS Index information etc
* Deep understanding of the financial products from practitioner perspective


* CFA , FRM, PRMIA or other related risk management specific certification
* Experience building Front/Middle Office analytical applications
* Knowledge of Prime Brokerage, Financing business, Margin process and Risk Management methodology is a plus.
* Exposure to real time systems, high-volume mission critical straight-through processing systems and pricing and risk engines is desired
* Experience in object oriented systems; distributed computing and service oriented system design; understanding of the concepts of system technologies and topology is desired.