Multiple Dervivative Development positions in New York

Imported from previous forum

Our client, one of the largest Financial Services companies in the world, is looking for multiple Derivates Developers.

All of the positions are located in Mid-town Manhattan (2 blocks from Grand Central)
The Salaries for the Senior Derivatives specialists are 125-150K base plus a 50-100K bonus. For the Summit Systems consultant, we can pay up to around 80/hr. For the Derivatives systems support, the salary is a bit lower at around 110K or so plus bonus.

  1. Senior Interest Rate Derivatives System Specialist: Senior market
    practitioner, hands-on developer with significant interest rate derivatives
    product knowledge and Java based development expertise to work with the
    Derivatives business, front office and middle office in the specification
    of, development and support of the derivatives systems platform. Prior
    experience and knowledge of the Calypso platform a big plus. This includes
    having good analytical skills with an eye for detail building new interest
    rate derivatives products with development of the trade capture and
    processing functions, analytical models, market environment, pricing
    functions, and associated risk components. Work with the Derivatives
    middle office in the development of the p&l functions, accounting &
    settlement functions, reports and interfaces to provide end-to-end
    processing for derivative transactions. Hands-on programming and
    decision making skills include: making design decisions for new objects,
    classes, class hierarchy, encapsulation of analytic pricing libraries;
    making judgment calls on appropriateness of calc/pricing methodology for
    new products; best method to calculate flows, positions, p&l, risk while
    working under direction and scheduling priorities of management; exercises
    own discretion in dealing with day-to-day issues; work within parameters of
    project specification and support agreements as established by IT/business
    management. Experience required being a senior IT market practitioner with
    5+ years expertise building/supporting Derivatives systems with a total of
    7-10 Years hands-on technology development experience. High level of
    competency and expertise in Java is a must. C++ is a plus. Messaging and
    database management are also required. (2 Positions)

  2. Senior Credit Derivatives System Specialist: Senior market
    practitioner, hands-on developer with significant credit derivatives
    product knowledge and Java based development expertise to work with the
    Derivatives business, front office and middle office in the specification
    of, development and support of the derivatives systems platform. Prior
    experience and knowledge of the Calypso platform a big plus. This includes
    having good analytical skills with an eye for detail building new credit
    derivatives products with development of the trade capture and processing
    functions, analytical models, market environment, pricing functions, and
    associated risk components. Work with the Derivatives middle/back office
    in the development of the p&l functions, accounting & settlement functions,
    reports and interfaces to provide end-to-end processing for derivative
    transactions. Hands-on programming and decision making skills include:
    making design decisions for new objects, classes, class hierarchy,
    encapsulation of analytic pricing libraries; making judgment calls on
    appropriateness of calc/pricing methodology for new products; best method
    to calculate flows, positions, p&l, risk while working under direction and
    scheduling priorities of management; exercises own discretion in dealing
    with day-to-day issues; work within parameters of project specification and
    support agreements as established by IT/business management. Experience
    required being a senior IT market practitioner with 5+ years expertise
    building/supporting Derivatives systems with a total of 7-10 Years hands-on
    technology development experience. High level of competency and expertise
    in Java is a must. C++ is a plus. Messaging and database management are
    also required. (2 Positions)

  3. Senior Emerging Markets Derivatives System Specialist: Senior market
    practitioner, hands-on developer with significant emerging markets
    derivatives product knowledge and Java based development expertise to work
    with the Derivatives business, front office and middle office in the
    specification of, development and support of the derivatives systems
    platform. Prior experience and knowledge of the Calypso platform a big
    plus. This includes having good analytical skills with an eye for detail
    building new emerging markets derivatives products with development of the
    trade capture and processing functions, analytical models, market
    environment, pricing functions, and associated risk components. Work with
    the Derivatives middle/back office in the development of the p&l functions,
    accounting & settlement functions, reports and interfaces to provide
    end-to-end processing for derivative transactions. Hands-on programming
    and decision making skills include: making design decisions for new
    objects, classes, class hierarchy, encapsulation of analytic pricing
    libraries; making judgment calls on appropriateness of calc/pricing
    methodology for new products; best method to calculate flows, positions,
    p&l, risk while working under direction and scheduling priorities of
    management; exercises own discretion in dealing with day-to-day issues;
    work within parameters of project specification and support agreements as
    established by IT/business management. Experience required being a senior
    IT market practitioner with 5+ years expertise building/supporting
    Derivatives systems with a total of 7-10 Years hands-on technology
    development experience. High level of competency and expertise in Java is
    a must. C++ is a plus. Messaging and database management are also
    required. (2 Positions)

  4. Derivatives Systems Support: A hands-on role supporting the Derivatives
    system. The responsibilities entails a good amount of scripting
    (automation) in perl/sql, a good understanding of source control software,
    some knowledge of C++ or Java , build/release management and DR setup’s.
    Experience required is being a market practitioner with 3+ years expertise
    supporting a serious trading business such as Derivatives. Total 5+ years
    hands-on experience. Experience supporting the Calypso or Summit system is
    a big plus. Messaging and database management is also preferred. (1
    Position)

  5. Derivatives Middle/Back Office Specialist: Provides programming and
    technical support for Derivatives applications. Responsibilities include
    hands-on programming (enhancements, bug fixes, new products) coding,
    de-bugging and testing of all middle office and back office related modules
    and functions. Provide application development and support for all
    initiatives in the middle/back office space that include, but not limited
    to, p&l, accounting, settlement and confirms processing. Responsibilities
    also includes setting up test environments, helping users with reporting,
    designing/development of appropriate batch processes and workflows. The
    ideal candidate will also be responsible for proactively initiating
    proposal for improvements in the processes/workflows and set-up, referring
    to manager for final approval. Exercises independent judgment on technical
    decisions. Experience required is being a IT market practitioners with 5+
    years expertise building Derivatives systems with a focus on middle office
    and back office processing with a total of 10 Years hands-on technology
    development experience. Expertise in Java is a must. Messaging is a must
    and good database management is also preferred. (1 Position)

  6. Senior Credit Risk IT Specialist: Senior market practitioner with
    significant credit risk knowledge to work with the credit risk IT/business
    team in the specification of, and development of the credit risk systems
    platform. Liase with Credit Control, Credit Operations, Collateral
    Management and trading business and systems IT staff to develop daily
    end-of-day and intraday credit risk and collateral valuations. Product
    development within the risk framework as new products are introduced across
    derivatives, FX, Fixed Income and Treasury products. Ensure timely
    production of all federal, and other regulatory reporting, as well as to
    central risk management for enterprise risk reporting. Provide hands-on
    design and development in Algorithmics RiskWatch using C++ and Java.
    Expertise in the RiskWatch platform is required. The ideal candidate would
    have a good understanding of Derivatives and associated methods of
    Derivatives risk management, scenario analysis and montecarlo methods.
    Responsibility also includes building and maintaining release control
    management appropriate for NY product development. Provide first tier
    support for production batches, day-to-day maintenance of system.
    Experience required is being a senior market practitioners with 5+ years
    expertise building, supporting credit systems with a total of 10 Years
    hands-on technology development experience. Expertise in Java/C++ is a
    must. Experience with RiskWatch is a must. Messaging is a must. Database
    management is also preferred. (2 Positions)

  7. Collateral System Development Manager: Senior market practitioner with
    significant credit risk/collateral knowledge to work with the credit risk
    business team in the specification of, and development of a collateral
    management systems platform. Hands-on development experience required with
    significant expertise in leading a large scale development project in the
    credit risk domain successfully. Experience in leading global projects a
    big plus. Significant domain expertise in credit and collateral business
    is a must. Experience required is being a senior market practitioners with
    5+ years expertise building, credit/collateral systems with a total of 10
    Years hands-on technology development experience and project management
    expertise. Expertise in Java is a must. Messaging and database management
    is also a must. (1 Position)

  8. Summit Systems Consultant: An experience hands-on IT consultant that
    has worked extensively on the Summit system. The responsibility includes
    leading a Derivatives project to add another location on the existing
    Summit system assisting with the set-up and development , building
    interfaces in/out of the system. Domain expertise in Derivatives products
    required. Good development sillks. C++ is a must. Messaging is also a
    must. (2 Positions)