eFinancialCareers

• Company

  SunGard Financial Systems

• Location

  UK-London

• Compensation

  not disclosed

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  19 Nov 2009

• eFC Ref no

  586028

See job description below

Job ID: 4160

Position Description:
Job Overview:
The main duties of this post holder are to provide quantitative and qualitative judgements in successfully testing APT equity and fixed income risk models, as well as being directly involved in expertly solving and working with fixed income problems; theoretical and practical.

Duties and Responsibilities:
• Building, fixing and testing equity risk models
• Building, fixing and testing balanced risk models
• Being directly involved in solving all manner of fixed income queries or problems as part of risk models. This includes being part of a unit of experts on fixed income data, methods of pricing and risk
• Being able to deal with all manner of support questions about risk models

Development Value:
Risk models are becoming more and more a key requirement for institutions managing and reporting risk on financial instruments, especially since many countries have a regulatory requirement to report their risk. This is an opportunity for someone to learn about how risk models are created and applied in the real world. As APT risk models use all types of market instruments and their various terms and conditions and data types, production staff gain an excellent grasp of instruments in general. We source and use data from many large reputable market data vendors which you would find used in most financial services companies dealing with investible financial instruments. APT uses many standard technologies such as SQL amongst others which mean that all APT staff are well versed in latest technologies. We provide initial training as well as on going on the job training to help the post holder succeed in the role.


Position Requirements:
Qualifications:
• A good degree (2.1 or higher) or masters in a numerate or finance course.

Knowledge/Experience:
Essential Experience Required;
• Worked with or background in financial instruments, understanding their data and theory
• A solid understanding of fixed income products
• Some programming experience or exposure (role does not include programming but would be useful to be able to read code)

Desirable Experience Required;
• Worked with statistical applications
• Databases and SQL
• Worked with major market data vendor data (terminal services)

Skills:
Essential Experience Required;
• Either a good Mathematical background and applications of maths and statistics, or finance literate in applications of pricing and estimating instruments' risk
• Worked with windows applications, including Microsoft Excel

Desirable Experience Required;
• SQL

Competencies:

• Must be able to work to regular and strict deadlines
• Must be able to think through problems logically independently
• Must be able to work with and support a team