Luxoft is a global leader in high-end software development.
Luxoft is looking for talents with a passion for technology & ready to create original solutions. Once on board, you are invited to expand your knowledge & skills, offering you a continuous learning experience helping you stretch your potential.
So if you’re enthusiastic by the idea of accessing cutting edge technology & innovation to make an impact, why don't you join us?
This role will provide an opportunity to work in a dynamic team on the front-to-back solution for the Basel regulatory project. There is an opportunity to explore and contribute in the design and development of initial margin calculation, including data sourcing, feeding, transformations and processing.
Responsibilities include:
Developing, testing, and releasing front-to-back cutting edge .Net solutions.
Taking ownership for new or existing functionality and seeing it through to completion, while paying great attention to its quality and appropriateness.
Delivering new regulatory requirements on calculating and posting amount of collateral for Client group.
Essentials Skills and Qualifications:
- C# / .Net Framework
- OOP concepts and design patterns
- Unit and behavioral testing
- Agile, Scrum
- SQL
Desired Skills and Qualifications:
- Grid Technology (IBM Symphony)
- Risk computation & Processing
- Past experience with in-bank risk systems
- Tolerance for change
- Innovative, self-motivated and detail-oriented
- Proactive
Global Markets Technology provides innovative, robust and commercially differentiating front-to-back technology solutions to the Global Markets division, in support of delivering a high performing, transparent, and fully integrated markets franchise to our clients. Risk Technology, a part of Global Markets, has an IT infrastructure based on Risk Management Systems providing a common set of tools to calculate risk and generate risk feeds. Working within GM IT offers a unique exposure to multiple asset classes within Global Markets and cutting edge technology in a big scale.
The Initial Margin project is based on new regulation originating from BCBS/IOSCO as part of the regulatory response to the 2008 financial crisis. Banks engaging in OTC bilaterally settled derivatives trading from 1 September 2016 have been required to collect and post collateral against such trading. Over time to 2020 the counterparties inscope for this regulation increases. Regulators are also monitoring this new market process and regularly require changes and updates to the process. The team are delivering a system capable of calculating the amount of collateral to be collected and posted against all trading from the Client with its counterparties, and all internal trading between global Client legal entities.