Senior Risk Developer

Description

The company is a clearing house within a larger financial markets group. It is a leading central counterparty in repo, clearing most European government debt refinancing trades, and also serves major exchanges, platforms and several OTC markets.

The team works with market participants to design new clearing solutions.

Margin algorithms have to meet the company's risk standards and still make the service attractive to traders.

The risk platform is shared across several business lines, each with its own delivery team. A central architecture and integration group sets technical guidelines so that each team's work fits together.

The Risk IT team is based in London. It takes direction from the product owner team in Paris and works closely with central architecture.

The business owns the design and upkeep of the platform and is hiring a senior developer to help maintain the margin liability and investment risk frameworks. The role is at Senior Associate level.

The group employs 25,000 people across 65 countries.

Responsibilities

• Design and build the backend engine for risk and clearing systems.
• Automate continuous development and integration for the first line Risk IT framework.
• Build software applications for first line Risk IT systems.
• Implement margin algorithms, including pricing models, risk models and parameter calibration, in line with EMIR and internal policies.
• Gather business requirements and agree them between IT, application support, business teams and exchanges.
• Develop and implement quantitative solutions, and prototype and test them through UAT.
• Run the full testing cycle, from the theoretical model to production.
• Deliver market data and risk projects.
• Analyse and improve the performance of existing risk models across products.
• Maintain and support existing risk libraries and risk simulators.
• Provide third line support for risk applications.

Requirements

• At least 7 years of software development experience.
• Experience developing and deploying applications in a cloud environment, preferably AWS.
• Strong programming skills in Java 21, Spring and REST.
• Experience delivering IT solutions from design to production.
• Solid conceptual and technical knowledge of modern IT infrastructure.
• Experience in a risk or quantitative role.
• A degree in a numerate discipline.
• A financial background, preferably in counterparty or market risk.
• Ability to work independently and solve problems.
• Clear written and spoken communication.
• Ability to work within a team delivery environment.

Conditions

The anticipated annual gross base salary is 119,200 zł to 188,400 zł. Base salary ranges may vary by location.

The role is eligible for the annual bonus plan. The target bonus percentage depends on role level and career stage.

Individual pay reflects job-related knowledge, skills and equivalent experience.

The company is an equal opportunities employer and does not discriminate on any protected basis.

Benefits

• Roles other than internships are typically eligible for the group's benefits programme. Benefits are listed by country, and any further questions can be discussed at interview.
• Benefits include healthcare, retirement planning, paid volunteering days and wellbeing initiatives.