Responsibilities include:
• Work with delivery teams to deliver trading & risk management Numerix solutions to the financial industry.
• Interact with various departments within our clients as well as the entire Numerix organization as a member of a project team.
• Work with Clients and Financial Engineers to analyze product gaps and enhancement requests, draft business functional specifications and assist Project Managers in prioritizing business requirements.
• Gather and document requirements and liaise with Financial Engineering, Research and Development teams to ensure clear understanding of Client's requirements.
• Leverage tools for prototyping such as Excel, Word, PowerPoint, Confluence & JIRA to create solution specifications which will be utilized by Developers for Product Development.
• Definition and setup of core static data.
• Implement and configuration of Numerix front-to-risk solutions in client environments. This includes:
Configuration of the system including reports and various user interfaces.
Devise and execute tests including financial and system workflow.
First line troubleshooting from the client test.
Basic validation including sensitivity, PV, etc.
• Comparison of valuation and risk to other systems or client tolerance.
• Help or drive definition of Testing phase: Security Access Layer definition and setup.
Integration testing definition and execution.
User acceptance testing definition and execution.
• Parallel testing definition and execution.
Requirements include:
• 2 to 5 years of experience in the Financial Services industry.
• Undergraduate degree in Engineering, Finance, Mathematics, or relevant business experience. Advanced degree and / or professional certifications a plus.
• Understanding of and experience delivering Software into financial institutions covering ted to the following areas: = risk analytics including Historical, Monte Carlo and Scenario VAR, Back testing, P&L, Stress testing, CVA (Collateral Vault Accounts), PFE (Potential Future Exposure), and other Risk and Pricing methodologies.
• Knowledge related to trade static data setup, trade entry and maintenance, analytics, and workflow.
• Knowledge of OTC (over the counter) Credit Derivatives (both Plain-Vanilla and Exotic) including valuation models and methodologies. Exposure to other Asset Classes (Commodities, Credit, Equities and FX) a plus.
• In-depth familiarity with Product Structures, Curve Building, Pricing Models, Risk and Market and Reference Data.
• Strong understanding of Derivative transaction life-cycle management from both a Front, Middle and Back Office perspective.
• Knowledge of Incremental VAR, Conditional VAR, and Marginal VAR methodologies useful.
• Familiarity with regulatory standards such as Basel II & IMA standards.
• Strong product knowledge of Money Markets, Bonds, and Interest Rate Derivatives.
• Broad working knowledge of Access, Excel (inc. automation skills), Relational DBs, SQL and VBA as well as experience with OTC Derivatives systems: Bloomberg, Calypso, MUREX, Summit, or similar vendor application(s).
• Ability to self-managed and effectively manage multiple deadlines and deliverables.
• Strong attention to detail and willingness to take ownership of issues.
• Excellent oral and written communication and interpersonal skills.
• Must be willing and able to work closely with others in a fast-paced, complex development environment.
• Must be Interested in working with a high-growth, high-visibility company whose product defines the Front to Risk financial technology worldwide.
