Quantitative Developer

Company: Jefferies
Location: Jersey City
Posted on: March 20, 2023

Job Description:

Jefferies Group LLC, the largest independent, global, full-service investment banking and capital markets firm headquartered in the U.S. focused on serving clients for 60 years, is a leader in providing insight, expertise and execution to investors, companies and governments. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia. Jefferies Group LLC is a wholly owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.

Position / Group description:

The Risk Management Technology group provides support to global Risk Management in the areas of technology and information processing for measuring, quantifying, analyzing, controlling, and reporting Risk exposures for traded securities products.

The position is for a quantitative developer who will be part of Technology team supporting the Global Risk Management Technology group. The work assignments will include playing a key developer role in major project related work. Projects will include custom development, implementation and integration of vendor products, and enhancement/support of existing systems.

The Role will involve designing, testing, implementing and enhancing analytical models for stress testing by coordinating requirements, schedules and activities; contributing to team meetings; troubleshooting issues and resolving production problems along with supporting users by developing documentation and assistance tools.

Primary Responsibilities:

• Work as a quantitative developer in Risk Management Technology
• Work closely with business analysts/project managers/other developers/stakeholders to implement requirements
• Developing and enhancing a stress testing framework Essential Experience/ Skills:
  • Familiarity working with OO/scripting programming languages (Java, Python)
  • Strong experience in Oracle or other RDBMS platforms
  • Ability to write detailed and understandable technical documentation
  • Experience using GIT based source control repository and tools such as Bitbucket and SourceTree.
  • Experience using Jira for full development cycle (requirement to deployment).
  • Experience and knowledge of SDLC methodologies and development processes such as requirement gathering, analysis and definition, prototyping, proof of concept, designing and implementation
  • Bachelor's degree, preferably in Computer Science, Engineering, or an adjacent field Preferred:
    • Experience in the financial services industry, preferably with exposure to market risk or counterparty credit risk applications
    • Knowledge of market risk domain like VaR, PnL vectors, various methods to calculate portfolio VaR, sensitivities etc.
    • Experience in ETL (extract, transform and Load) development Personal Attributes:
      • Strong analytical, verbal and written communication skills
      • Self-starter and entrepreneurial in approach
      • Ability to escalate / follow-up proactively
      • Good time management skills
        
        Qualifications
        
        The salary range for this role is $150,000 to $225,000.
        
        At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
        
        Jefferies is an equal employment opportunity employer. We practice equal opportunity for all, and all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with qualified disabilities, as appropriate, under applicable law.
        
        All employees must follow Jefferies' COVID-19 protocol policy, which is subject to change.

Keywords: Jefferies, Jersey City , Quantitative Developer, IT / Software / Systems , Jersey City, New Jersey