| *Please note that there are two descriptions on here. We are looking for the same profile in both FX and Commodities so we are using one requirement. The goal is to get people that fit the profile below and place them into either team. If someone has a really strong preference or if they have business knowledge in either FX or Commodities then we will act accordingly but the actual job spec is almost identical so we are jointly recruiting here for the 10 roles that we are working to fill.*
FX
GROUP SUMMARY:
The Foreign Exchange (FX) Trading & Sales desk assists clients in managing their exposure to currency risk by offering a range of financial instruments. This is a critical function for our clients and the firm, and the products offered range from vanilla spot trades to exotic structured derivatives on major and emerging market currencies. In addition, the FX desk also encompasses Emerging Debt Markets desk that actively trades conventional fixed income instruments like bonds and credit derivatives.
Over the past few years, the FX industry has become increasingly electronic, with e-commerce, STP and internal automation being major focus areas for our business leaders and, in turn, the technology team. The business maintains a high trade volume and involves significant risk - technology plays a key part in managing both of these factors.
The FX Trading & Sales Technology team is responsible for building and supporting the systems used to run this business globally. In addition to building many of the e-commerce applications some of the systems under our team's responsibility include applications to perform trade entry, position & risk management, and order management.
FX business has active trading desks in New York, London and Tokyo. Our team has a global imprint with developers in the different locations sharing responsibility for applications development and working closely with the traders and salespeople in those locations to define new requirements.
Foreign Exchange is an incredibly dynamic business and is a growing source of revenue for the Fixed Income, Currency and Commodities division, and for the firm in general. Coupled with the drive towards automation and e-commerce, this role should provide a number of challenging opportunities for the analyst/developer.
ROLE SUMMARY:
The role of Analyst/Developer involves a number of different responsibilities:
Create robust technical infrastructure to deliver efficient solutions for FX E-Commerce clients.
In the area of analysis and design, you will work with the traders, salespeople to define requirements for new business initiatives, applications or enhancements to existing tools. We benefit from a set of users that is very focused on technology, so there will be a great deal of contact with the trading and sales users.
Working with other developers on the global team, you will implement, review and test software for the trading desk. This role will require the Analyst/Developer to work on all stages of the software development cycle and with users from several locations.
To maintain a close relationship with the trading and sales users, we are seated on the trading desk, and provide day-to-day support of the applications we have implemented.
TECHNICAL SKILLS:
-At least 2 years of work experience.
-Strong programming skills in one or more procedural/object oriented languages (C/C++, Java).
-Experience with distributed systems and message oriented middleware concepts highly desirable.
-Work experience in financial services industry a plus.
-Working knowledge of UNIX.
RELEVANT SKILLS/QUALIFICATIONS:
-Solid communication and interpersonal skills are a must given that the role will involve liaising with traders & salespeople.
-Excellent Analytical skills.
-Experience in developing mission-critical applications.
-Ability to work with other teams to make sure proper standards are followed and also to reuse existing architecture.
-The firm and the department are very focused on using technology to increase profitability, so it is also critical that the person in this role is willing and able to adapt to different technologies to achieve that goal.
PROBABLE DAILY ACTIVITIES OF A NEW EMPLOYEE:
-Implementing new software and enhancements to existing systems
-Meeting with users to understand business flows and define requirements.
-Contributing to Quality Control (Code/Design reviews)
-Understanding system Infrastructure and how Currency Trading business functionality applies to it.
-Production support.
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COMMODITIES
GROUP SUMMARY:
The Commodities Trading & Sales department is involved with managing the firm's commodities risk and offering a range of trading options to clients, allowing them to manage their commodities risk exposure. The products traded include Oil, Natural Gas, Electricity, Precious Metals, Base Metals, Pulp & Paper, Weather Derivatives and the a Commodities Index. The types of trading activity range from physical spot and forward transactions to exotic structured derivatives. We use technology to take advantage of the significant complexities within the physical commodities market.
Some of the most exciting opportunities in the last few years have been in the Electricity and Natural Gas markets. The business has recently entered the Electricity market in the US, UK, and Continental Europe. These markets require technical solutions to communicate with the power grid operators. Further growth in the US is coupled with expansion in Germany, Holland, and Norway. Also, the Commodities markets have seen a steep increase in electronic trading platforms. Many initiatives dealing with automated trading and straight through processing have been introduced.
The Commodities Trading & Sales Technology team is responsible for building and supporting systems used to run this business globally. These systems include applications to perform trade entry, real-time position & risk management, exchange and power grid communication, and market data retrieval.
Since the Commodities business has desks active in New York, London, and Asia, our team has to have a global presence. We have developers in each region working closely with the traders, salespeople and operations in those areas to define new requirements. The Commodities business is incredibly dynamic and continues to be a growing source of revenue for the Fixed Income, Currency and Commodities division, and for the firm
The Commodities Trading & Sales Technology team currently comprises 30 people worldwide, 20 of them in New York.
ROLE SUMMARY:
The role of Analyst/Developer involves a number of different responsibilities:
The role is working in a dynamic front-office trading environment in the commodities business, developing and supporting global trading applications within small teams of 2-4 people.
It involves developing innovative technical solutions to challenging business problems. In the area of analysis and design, you will work with the traders, salespeople and operations analysts globally to define requirements for new applications or enhancements to existing tools. Candidates will be exposed to and learn a wide variety of technologies as well as financial products ranging from futures to complex derivatives.
Working with other developers on the global team, you will write, review, test and implement software to manage trading flows. This role will require the Analyst/Developer to work on all stages of the software development cycle.
We strive to maintain a close relationship with traders, sales and strategists, with seats available on the trading desk to increase interaction.
No specific finance background is required but a desire to understand the financial products is crucial. Candidates must be able to multi-task and prioritize appropriately.
TECHNICAL SKILLS:
-At least 2 years of work experience.
-Strong programming skills in one or more procedural/object oriented languages (C/C++, Java, Smalltalk)
-Experience in one or more of the following systems: Solaris, Linux, NT
-Preferred knowledge of Perl, csh, SQL
INTERPERSONAL SKILLS:
-Solid communication and interpersonal skills are a must given that the role will involve liasing with traders, salespeople and operations.
-Strong analytical skills are a must.
-The firm and the department are very focused on using technology to increase profitability, so it is also critical that the person is able to adapt to whichever technologies best achieve that goal.
PROBABLE DAILY ACTIVITIES OF A NEW EMPLOYEE:
-Design, develop and implement software within 2 to 4 person teams.
-Meeting with users to understand business flows and define requirements.
-Quality Control (Code/Design reviews).
-Production support.
-Understanding our complex system infrastructure and how the business functionality applies to it |
