Market Risk Developer ( Quant/Java)

About PruTech:

Established in 1997, PruTech is committed to innovative problem-solving, solution creation, and fostering strong client partnerships. Serving a diverse array of industries, from government to finance, retail, and manufacturing, PruTech operates from strategic locations including New York City, Washington DC, North Carolina, and boasts a nearshore office in Mexico City and multiple offshore offices in India.

With over two decades of experience in Information Technology and system integration, PruTech offers a comprehensive suite of services to meet evolving technological needs:

• Project-based system integration
• Custom software solutions
• Package implementations
• Consulting and advisory services
• Big data and analytics
• Nearshore and offshore services

At PruTech, we are dedicated to shaping the future of technology and driving success for our clients through innovative solutions and strategic partnerships.

Real Time Risk Developer - Lead Developer's,  Senior Developer's and Mid-Level roles

Role Overview:

Client is building a critical foundational data hub within Capital Markets Technology to enable seamless, event-driven communication and data streaming. This is a green field initiative focused on establishing near real-time capability for risk reporting, analytics, and business reporting within the bank. We are seeking motivated and proactive Software Engineers with a strong technical background and deep financial domain knowledge to be part of this expanding program. This role requires significant hands-on coding.

Responsibilities:

• Key contributor in the building, technical design, analysis, and support of the foundational data hub, specifically focusing on the real-time risk stream.
• Develop and customize integration tools and solutions utilizing technologies like Kafka and other event-driven message transmission systems.
• Integrate trading systems and reference data sets to support the generation of near real-time P&L and Risk.
• Utilize integration products to facilitate seamless, high-reliability, and high-performance communication between systems.
• Collaborate closely with quant / strat teams on P&L and risk reporting initiatives.
• Focus on building capabilities related to traded risk, including the computation of risk (e.g., delta, gamma, vega, correlations)

Qualifications:

• Strong Java development experience is essential and a must-have skill.
• Expertise in real-time messaging platforms such as Kafka is essential.
• Deep domain expertise in financial instruments is required, in one or more of the following: Fixed Income, Interest Rate, Credit, FX, Loans, and/or Equity Derivatives.
• Understanding of trading P&L, Risk Sensitivities, including Option greeks.
• Familiarity with event-driven architecture, distributed systems, and fault tolerance principles.
• Ability to lead technical discussions and potentially mentor more junior team members as the team grows. (Roles include Senior Developer and Development Lead titles, and there is a planned hire to lead the risk stream).
• Bachelor's or Advanced degree in Computer Science, Software Engineering, or a related field is typically required.

Highly Valued / Plus Skills:

• Experience with or understanding of platforms such as SecDB, Athena, Quartz, Vasara or Beacon.
• Proficiency in Python.
• Experience integrating Kafka with trading systems and managing high-volume, low-latency data streams.
• Hands-on experience with Vendor trading systems such as Calypso, Imagine, ION / Wall St Systems, Bloomberg, and LoanIQ.
• Proficiency in Apache Flink for stream processing and real-time data analytics.
• Experience with Docker, Kubernetes, and microservices architecture.

PruTech abides by the requirements of 41 CFR 60-1.4(a), 60-300.5(a), and 60-741.5(a). All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.