Work Schedule: Hybrid Job Summary:
- This is a senior engineer Contractual position (with an option to convert) supporting an Equity Derivatives Trading desk.
- The candidate must have experience in Equity Derivatives and is willing to provide support to traders.
- It would be required for the candidate to have experience with the Murex trading system.
Major Responsibilities:
- Ability to price supported equity derivatives products within Murex, using different market data sets & model settings to perform testing and validation as needed
- Collaborating and supporting Front Office EQD desk, Technology Partners, and Model Validation/Risk teams in projects that require subject matter expertise related to risk and analytics in the EQD derivatives ecosystem
- Leverage knowledge on different domains such as Financial Markets, Murex proprietary financial systems, Information Technology, and Advanced Mathematics to liaise and communicate effectively with the teams and business users
- Provide high-quality support in using the Murex platform for pricing and structuring of complex financial products within trading domain (e.g. EQD derivatives).
- Onboarding new products, BAU enhancements and providing Day-to-Day trade support for the Equities Derivatives trading desk, closely interacting with traders executing and risk managing complex derivative products
- Articulates and defines systems scope and objectives for complex, high impact application enhancements and problem resolution through in-depth analysis and evaluation of complex business processes, systems and industry standards; documents requirements.
- Allies with multiple technology teams to ensure appropriate integration of functions to meet goals; identify and define necessary system enhancements; analyze existing system logic, identify problems; and recommend and implements solutions.
- Undertaking projects as required, i.e. performance management, monitoring initiatives, infrastructure upgrades, web based tools, reporting and documentation
- Ensuring accurate trade capture, event processing, representation of positions, PL & risk exposures in risk management systems.
- Liaising with global Tech and Ops counterparts on a variety of strategic initiatives representing the business interests by providing expertise across products & systems, testing new technology rollouts, and driving enhancements to existing systems and processes
- Performing reconciliation processes across systems to help system upgrades and maintain various systems connectivity to ensure smooth trading desk activities.
- Imparts background in automation to remove manual touchpoints
Required Qualifications:
- At least 5 years of extensive experience as Murex front office analyst with demonstrated experience with P&L explain/resolution, Greeks, SIMM , VaR, Risk analysis, simulation views, LiveBook , market data viewer, pre-trade, E-Tradepad pricing and dynamic tables
- Working knowledge of equity swaps configuration, TRS Generator configuration (& related static data), rate curve definitions, rate curve assignments, Pricing template, calculation templates, processing templates, VaR modules, CVA, LiveBook , OSP within Murex 3.X.
- Academic background in a STEM discipline such as Computer Science, Engineering, Physics, Mathematics or Financial Engineering
- Analytical background including an understanding of applied Math, Probability and Statistics.
- Strong analytical skills to understand a broad set of sophisticated cross-asset products and complex end-to-end workflows
- A thorough understanding of market data conventions and ability to understand the interpret market data provider specifications.
- Knowledge of financial products (equity derivatives required), business processes and workflows
- Ability to multitask several ongoing issues. This involves the ability to assess priority and make appropriate decisions quickly and effectively.
- Experience working on a trading floor supporting mission critical applications
- Experience working with Job scheduling applications
- Ability to communicate effectively both verbally and in writing to technical and non-technical audiences
- Fundamental understanding of database modeling and ETL type applications
- Effective interpersonal skills and relationship-building skills.
- Self-motivated and directed, with the ability to effectively prioritize and execute tasks in a high-pressure environment.
- Able to work independently and in a collaborative environment
- Geared towards process improvement, system enhancement and automation
- Advanced excel skills and VBA coding knowledge is preferred but not required.
- Knowledge of JIRA for issue and project tracking
Nice to have Qualifications:
- College degree required.
- Murex experience
- Database & SQL experience
Targeted systems:
Skills:
Required:
- DERIVATIVES
- FINANCIAL MARKETS
- PROBLEM RESOLUTION
- EQUITIES
- RECONCILIATION
Additional:
- DOCUMENTATION
- PRICING
- TRADING
- WEB BASED
Minimum Degree Required: Bachelor's Degree
Senior Support Engineer - Equity Derivatives Trading Applications