Risk Management System Developer

Risk Management System Developer Description UBS is a leading global financial services firm. Our Investment Bank is one of the world's top global investment banking and securities firms, providing a full spectrum of products to institutional and corporate clients, intermediaries, government and hedge funds worldwide. By combining your talent and our strengths, we can achieve great results. Background We are creating a new team of highly technical and financially knowledgeable developers to build a new analytics platform for risk management. This will include development of new frameworks for market factor simulation, trade pricing, and risk quantification. As this is a firm-wide risk management system it will need to address derivatives and securities across fixed-income, equities, commodities, credit and FX including short and long-term instruments and taking into account securitization, collateralization, and hedging. Risk measures will be used to quantify current and potential credit and market risks, risk capital, and risk sensitivities. Technologies are expected to include compute and data grids, distributed services, databases, messaging, C++, Java, and Linux and provide links into reporting and end-user systems. This critical system will be developed as part of a global team and include participants from Credit Risk, Market Risk, Finance, Trading, Data and other IT teams. Our clients include risk management and front-office users. Systems and models must be well documented, auditable, and built in accordance with external regulatory and internal control frameworks and standards such as Basel II and SOX.Scope of Role This is an IT development role in a critical new system development team. As a core member of the team you will be expected to handle a range of tasks across the entire development lifecycle and help create the foundation for future team members. This will require very strong technical and financial knowledge together with excellent communication skills. Keys to success will include the ability to deal with complex business and technical requirements, global teamwork, and creativity all combined with practicality. The system will need to address requirements across a wide range of businesses, manage a very large number of computations and terabytes of data and still be high quality, flexible, scalable, and high performance. The platform is expected to be C++ on a Linux compute grid. We are investigating various data grid and caching solutions to manage our expected large volumes of data. The database technology is Oracle and there is some Java and C# in the application stack. Many technical choices are yet to be made and the person in this role will help shape those decisions. We can offer you an exciting, fast-paced working environment, a culture of mutual respect and teamwork and the opportunity to play a vital role in our growth. If you are attracted to joining an organization where every individual's contribution counts and where your talent will impact on our future, please apply for this position. It starts with you. UBS is an equal opportunity employer. We respect and seek to empower each individual and the diverse cultures, perspectives, skills and experiences within our workforce. Contact Details UBS Investment Banking 38740BR           http://www.ubs.com/