FICC: Assistant Vice President / Vice President, XVA Pricing Senior Developer, Global Markets Technology

  • Competitive
  • Singapore
  • Permanent, Full time
  • Bank Of America / Merrill Lynch
  • 22 Nov 17 2017-11-22

FICC: Assistant Vice President / Vice President, XVA Pricing Senior Developer, Global Markets Technology

Job Description:
Job Title: FICC: Assistant Vice President / Vice President, XVA Pricing Senior Developer, Global Markets Technology

About Bank of America Merrill Lynch:

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the World

Our Asia Pacific team is spread across 23 offices in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies.
Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion mission.
Bank of America Merrill Lynch is an equal opportunities employer.

Position Description

Background: This role sits within CPM Group for XVA Program. The program aims to deliver a flexible, scalable and robust Quartz-based platform, capable of computing the economic impact and associated risk for Credit Valuation Adjustment (CVA), Funding Valuation Adjustment (FVA) and Capital Valuation Adjustment (KVA), for all Over the Counter (OTC) derivatives across all asset classes, on a daily /overnight basis.

The successful candidate will be required to become proficient in the tools and methods of the team in a short space of time and will be expected to make an ongoing contribution to improving the design, performance and auditable quality of the overall solution using Quartz Framework. Quartz is an integrated front-to-back position management, pricing, risk management and sales/trading system for all financial instruments across all GMRT business lines. Quartz is the strategic technology platform for all development in GMRT.

The successful candidate will work closely with the business users and other stakeholders. He/she needs to be hands-on and be able to perform within a busy and pressurized environment.

Responsibilities

  • Responsible for developing software in Python and associated technologies using the Quartz platform
  • Participating fully in the development process through the entire software lifecycle
  • Responsible for providing specific, measurable and accurate estimates on short timescales in an intellectually challenging environment
  • Work as part of a global development team, to ensure that global tools and technologies are leveraged

Key Requirements
  • Bachelor's degree in Engineering
  • Experience as a developer on trading and risk platforms for Derivatives and FX products
  • Experience with the investment banking industry
  • Understanding of trade lifecycle, pricing, yield curve, trading risk, P&L, valuation, credit & market risk management, reference and market data
  • Possess programming skills in Java / C++ / Python
  • Ability to translate regulatory requirements into technical requirements
  • Strong Understanding of Object Oriented Programming concepts
  • Excellent verbal / written communications skills
  • Problem solving skills both Technical and Business related
  • Possess interpersonal, team work and motivational skills

Posting Date: 10/11/2017
Location:
Singapore, , 01, 2 HARBOURFRONT PLACE #02,
- Singapore

Full / Part-time: Full time
Hours Per Week: 40