Rapid Application Developer

Phi Partners; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Phi Partners invites applications for a junior consultant role within a Tier-1 European investment bank's Front Office IT team, based in London. The program focuses on trading applications used by CIB traders to visualize, compute and monitor risks, with Java-based development across a London-based team.

The role offers hands-on exposure to trading desks, risk and PnL applications, and collaboration with traders, quants and other IT groups, all within a fast-paced, global environment.

Qualifications

• Top engineering school background
• Strong analytical and problem-solving skills
• Knowledge of financial instruments and Greeks

Responsibilities

• Monitor traders' books and pricing issues
• Implement new desk functionalities
• Act as the link between the trader and the IT/research chain
• Provide the trading with efficient tools
• Ensure that Greeks in the trading books are correct

Skills

Strong technical skills

Financial instruments knowledge

Greeks knowledge

Competitive environment

Job description

Phi Partners is a global Capital Markets IT consultancy, supplying services, products and technology expertise to some of the world's largest banks, hedge funds and asset managers. Our operations span across every major continent including our headquarters in London, and all major financial hubs.

Phi specialises in E-trading and Front Office, Risk & Data Analytics and Quantitative Technologies to name a few, and our niche focus on these domains has been a differentiator and gateway into the world's best known financial institutions. We supply these organisations with skillful teams of consultants who work on cutting-edge and critical transformation projects.

About the Role

Our client in discussion is a Tier-1 European investment bank with global leadership in many of its businesses. It is part of a larger group, a financial institution with solid foundations and a proven ability to adapt to change.

With nearly 20,000 employees in over 50 countries, the group provides its junior consultants with an exciting start to their career. As world leader in derivatives, it offers tailored products, state-of-the-art trading, processing systems, research and strategic advising from its teams of experts to its clients, while also maintaining a sustainable economic model.

About the Program

The bank’s trading application is one of the main tools used by CIB traders to visualize, compute and monitor the risks of their positions. Used worldwide by structured products, warrants, flow and rate's desks, each desk, has its own specialist (or commando) team. These specialists teams are located on the trading floor within the most renowned market places: London, Paris, Hong-Kong and New York.

The Risk & PnL applications are developed in Java by a dedicated team of developers based in London. It is linked to a wide panels of other applications including a Pricer, Market Data bases, Real Time Data Feed. The main stakeholders will be traders, quants, structurers and other IT teams making it stimulating in terms of hands-on work but also fast-paced liaison.

Responsibilities

The role is located within the Front Office division with the following responsibilities:

• Monitoring the traders' books (solving pricing issues, ensuring that market data or position are correct)
• Implementing new functionalities for the desk
• Acting as the link between the trader and the rest of the IT / research chain
• Providing the trading with efficient and adapted tools
• Ensuring that Greeks in the trading books are correct

Key Skills:

The ideal candidate will be a consultant from a top engineering school, with the following skills:

• Strong technical & problem solving skills
• Good knowledge of Financial Instruments, Greeks etc
• Highly motivated to work in a competitive environment

Next steps:

This role is a unique gateway into a rapidly transforming multinational company providing direct exposure to Trading and Investment departments. If this sounds like the next step in your career, we look forward to receiving your updated CV and scheduling a convenient time for a call to discuss next steps.