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?
The CALM IT team is responsible for the bank's strategic distributed risk system, extending it to support the CALM desk, including:
o Sophisticated risk analysis and reporting functionality.
o Market and trade data interfaces.
o Services to integrate the risk analytics engine with the trading application layer
o Scenario and regulatory exposure calculations
o Downstream feeds and reporting layer
o Provide ad hoc third line development support to the desk
Projects will range from major and minor enhancements to improving controls / efficiency in existing layers, extending those applications for new business initiatives, and the implementation of newly developed in-house interfaces and technologies.
With a number of significant regulatory commitments to deliver, the CALM platform is expecting substantial expansion in terms of product/asset class coverage and the associated performance and scalability improvements required to be able to achieve that.
With the main trading desk located in London, this role offers close contact with front office trading and quantitative personnel, the ability to build business relationships and deliver solutions that have an immediate impact to our business.
Essential Skills and Qualifications:
- Strong C# server knowledge with multi-threading and excellent design skills
- Strong MS SQL Server and/or SSAS knowledge
- Ability to pick up any technical problem and run with it to reach a successful conclusion
- Excellent communication skills in English (both verbal and written) to interact with key stakeholders and regional teams
Desired Skills and Qualifications:
- Distributed grid computing platforms/solutions
- Model integration skills
- Exposure to market and trade data within an Investment Banking environment
- Experience working with and being part of a global development team
- A pro-active professional who is keen to deliver
- A self-starter and self-learner, able to jump into any task
- Experience and/or knowledge related to financial markets and credit risk will be considered as a plus
The candidate for this role will be focusing on developing the risk management platform and associated trading tools for the bank's CALM (Capital and Liquidity Management) trading desk. This is a high profile role working on the bank's strategic Front Office Risk Platform where the right candidate has the opportunity to directly impact the project's success and stand out. This is an excellent opportunity for those with a risk background to gain front office trading and regulatory exposure.
The CALM desk is a global trading desk at Bank present in London, New York and Singapore that has responsibility for:
- Credit Valuation Adjustment (CVA) Calculation and hedging
- Collateral Adjusted Valuation (CAV) hedging
- Funding Valuation Adjustment (FVA) calculation and hedging
- Leverage ratio compression portfolio optimization
The successful candidate will join the CALM IT team where their primary role will be to work closely with and support the activities of the CVA trading desk, developing solutions for ongoing trading requirements and major regulatory initiatives (e.g. CCAR, FRTB). This role provides an excellent opportunity to work closely with the front office and quant analysts in areas at the forefront of regulatory change and development in investment banking.
CALM IT is a dynamic front office-facing environment and will therefore require self-motivation, enthusiasm and very good communication skills in addition to strong, broad ranging technical abilities.
You will have opportunity to:
- Developing on a large, distributed risk platform that is shared across a number of business areas
- Adding new functionality whilst also being mindful of TCO costs of the platform, making most efficient use of our calculation grid and MonteCarlo resources
- Driving innovation and simplification in a complex platform
- Interacting with a range of business stakeholders and users
- Understanding the CVA/xVA business process