Senior Software Engineer (Fixed Income Risk System)

Morgan Stanley; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

Morgan Stanley is seeking a Senior Developer in Fixed Income Derivatives Technology in London. You will work on one of the world’s largest Scala projects, interfacing with Interest Rates Sales & Trading and Quant teams to modernize risk and trading systems.

This Lead Software Engineer role sits at Vice President level and emphasizes large-scale distributed systems, API design, and end-to-end risk coverage. You will collaborate with product leads, redesign pricing and risk platforms, and

Qualifications

• Bachelor's level in a computational field or equivalent experience.
• 6+ years of relevant software development experience.
• Strong Java/Scala, distributed systems and JVM familiarity.

Responsibilities

• Collaborate with product leads to identify improvements for tech solutions.
• Develop large-scale distributed systems to compute intra-day and end-of-day risks and PnL.
• Lead greenfield pricing/workflow redesign for sales and traders.
• Redesign risk infrastructure for Front-to-Back trading view.

Skills

Scala

Java

Distributed systems

Performance tuning

DevOps

Cloud computing

HTML5

AngularJS

C++

APL

Education

Bachelor's degree in Computing/Computer Science

Tools

HTML5

AngularJS

C++

KDB/Q

APL

Job description

We are currently seeking a Senior Developer within Fixed Income Derivatives Technology group. Our team works closely with Interest Rates Sales & Trading and Quantitative Strategists team to develop next generation risk and trading systems to achieve their business goals.

A successful candidate would work on one of the world’s largest Scala projects and gain exposure to every aspect of Interest Rates Derivative trading. We balance between strategic system renovation projects and day-to-day business coverage based on each team member’s preference and expertise.

In the Technology division, we leverage innovation to build the connections and capabilities that power our Firm, enabling our clients and colleagues to redefine markets and shape the future of our communities. This is a Lead Software Engineer position at Vice President level, which is part of the job family responsible for developing and maintaining software solutions that support business needs.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What You'll Do In The Role

• Communicate regularly with product leads across the technology organization and discuss opportunities for improvement to existing and future technology solutions.
• Develop large-scale distributed systems to compute and report intra-day and eod-of-day risks, PnL (Profit and Loss) and market scenarios to senior management, trading desks, controllers, and market risk department.
• Greenfield project to redesign pricing and workflow applications for sales and traders to keep ahead of the market.
• Greenfield project to redesign Front to Back risk scenario infrastructure for Fundamental Review of the Trading Book.
• Greenfield project to revamp the market data and marking system in strategic cross-asset platform.
• Design APIs so that the pricing and risk analytics can be accessed programmatically by other internal systems and processes.
• Provide IT coverage for Macro business in EMEA, with day-to-day interaction with sales/trading, desk strategies, FID COOs, operations, controllers, and market risk department.

What You'll Bring To The Role

• Strong software engineering, analytical and problem-solving skills
• Experience in distributed computing or cloud computing, Java/Scala development experience and performance tuning
• Understand DevOps and Continuous Development Principles
• Strong interest in learning about the financial markets
• Strong academic record with Bachelor's level or above in a computational field like Computer Science, Mathematics, Electrical Engineering, or a related discipline or equivalent experience.
• At least 6 years' relevant experience would generally be expected to find the skills required for this role
• Preferred Full Stack development; programming experience in HTML5/AngularJS, C++ and APL (Array-Programming Language) like KDB/Q or A+ ( http://www.aplusdev.org )
• Preferred knowledge of fixed income market, financial models, and risk management
• Preferred experience in financial risk calculation and management system or trading tools development
• Preferred experience with JVM

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.