Python Developer - Software Engineer
New York, New York
**Job Description:**
**Description:**
The Americas Linear Rates Risk team is looking for an experienced Front Office risk developer to develop and maintain Intraday and EOD risk applications for Front Office (trading), Operations, Market Risk and Finance. Key responsibilities include developing solutions and using best practices for implementing enhancements and product improvements for Risk applications.
The ideal candidate will not only have strong technical expertise in risk development but also well versed in financial products and valuation techniques. Should have demonstrated experience in building risk systems and in batching/distribution along with knowledge of booking, market data and analytic libraries.
**Responsibilities:**
- Design and develop code (primarily using Python) for risk systems and the overall risk framework
- Deep understanding of the Qz framework, proprietary constructs (sandra, qz tables, deal model etc) and the risk generation engine
- Work on implementing business logic for risk, pnl explain and other calculators needed for the AMRS Linear Rates business and supporting partners
- Setup jobs for Risk/PnL generation and work with Support partners to ensure adequate monitoring is in place
- Ensure that application changes are scalable, performant and pre-release procedures are followed
- Liaise closely with partners in Trading, Risk management, Operations, Finance etc.
- Take ownership of project deliverables and ensure dev tasks are tracked per required standards on Jira - Perform code reviews and feedback on implementation
- Collaborate with QA teams and Support to ensure testing frameworks and support tools cover all important aspects of the applications
**Required Skills:**
- Excellent programming skills with atleast 2+ years of Python development
- Must have 2+ years experience with object oriented programming and development of enterprise risk systems in a large financial firm
- Solid working knowledge of Interest Rates products like Swaps, Bonds and Futures along with their valuation techniques and understanding of risk quantification process
- Experience using and applying analytic libraries on trade and market data to generate risk/pnl values
- Demonstrated experience in working on business facing projects related to trading systems and/or market risk
- Experience in developing risk batches and working knowledge of distribution techniques and optimization
- Working on knowledge of Java and big data technologies like Hadoop
- Proactive attitude and strong troubleshooting skills a must
Bank of America's Global Banking and Markets Technology Organization..
+ _Believes diversity makes us stronger so we can reflect, connect and meet the diverse needs of our clients and employees around the world._
+ _Is committed to building a workplace where every employee is welcomed and given the support and resources to perform their jobs successfully._
+ _Wants to be a great place for people to work and strives to create an environment where all employees have the opportunity to achieve their goals._
+ _Provides continuous training and development opportunities to help employees achieve their career goals, whatever their background or experience._
+ _Is committed to advancing our tools, technology, and ways of working to better serve our clients and their evolving business needs._
+ _Believes in responsible growth and is dedicated to supporting our communities by connecting them to the lending, investing and giving them what they need to remain vibrant and vital._
**Job Band:**
H5
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Weekly Schedule:**
**Referral Bonus Amount:**
5000
**Job Description:**
**Description:**
The Americas Linear Rates Risk team is looking for an experienced Front Office risk developer to develop and maintain Intraday and EOD risk applications for Front Office (trading), Operations, Market Risk and Finance. Key responsibilities include developing solutions and using best practices for implementing enhancements and product improvements for Risk applications.
The ideal candidate will not only have strong technical expertise in risk development but also well versed in financial products and valuation techniques. Should have demonstrated experience in building risk systems and in batching/distribution along with knowledge of booking, market data and analytic libraries.
**Responsibilities:**
- Design and develop code (primarily using Python) for risk systems and the overall risk framework
- Deep understanding of the Qz framework, proprietary constructs (sandra, qz tables, deal model etc) and the risk generation engine
- Work on implementing business logic for risk, pnl explain and other calculators needed for the AMRS Linear Rates business and supporting partners
- Setup jobs for Risk/PnL generation and work with Support partners to ensure adequate monitoring is in place
- Ensure that application changes are scalable, performant and pre-release procedures are followed
- Liaise closely with partners in Trading, Risk management, Operations, Finance etc.
- Take ownership of project deliverables and ensure dev tasks are tracked per required standards on Jira - Perform code reviews and feedback on implementation
- Collaborate with QA teams and Support to ensure testing frameworks and support tools cover all important aspects of the applications
**Required Skills:**
- Excellent programming skills with atleast 2+ years of Python development
- Must have 2+ years experience with object oriented programming and development of enterprise risk systems in a large financial firm
- Solid working knowledge of Interest Rates products like Swaps, Bonds and Futures along with their valuation techniques and understanding of risk quantification process
- Experience using and applying analytic libraries on trade and market data to generate risk/pnl values
- Demonstrated experience in working on business facing projects related to trading systems and/or market risk
- Experience in developing risk batches and working knowledge of distribution techniques and optimization
- Working on knowledge of Java and big data technologies like Hadoop
- Proactive attitude and strong troubleshooting skills a must
Bank of America's Global Banking and Markets Technology Organization..
+ _Believes diversity makes us stronger so we can reflect, connect and meet the diverse needs of our clients and employees around the world._
+ _Is committed to building a workplace where every employee is welcomed and given the support and resources to perform their jobs successfully._
+ _Wants to be a great place for people to work and strives to create an environment where all employees have the opportunity to achieve their goals._
+ _Provides continuous training and development opportunities to help employees achieve their career goals, whatever their background or experience._
+ _Is committed to advancing our tools, technology, and ways of working to better serve our clients and their evolving business needs._
+ _Believes in responsible growth and is dedicated to supporting our communities by connecting them to the lending, investing and giving them what they need to remain vibrant and vital._
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Learn more about this role
Full time
JR-22077746
Band: H5
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Brian Sandoval [C]
Referral Bonus:
5000
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
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