Job title: Sr Assoc, SW Full Stack Eng

Company: Northern Trust

Job description: JD for Quant Developer

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company to assist the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

The quantitative analytics team within Quants will responsible for hosting and implementing the models from methodologies for Quants, which can be leveraged by other businesses. The Quantitative Analyst will work closely with the other quantitative development team members, business users and IT colleagues to implement java/python prototypes and test new models for portfolio management solutions (QUANTS), as well as support and enhance existing systems in that domain.

Duties and Responsibilities include:

• Prototype for risk management, portfolio analytics, asset management models in a financial services setting.
• Automation framework of test cases to maintain quality of in house-developed java libraries.
• Write and review documentation for the implemented models and code libraries
• Implement standards, processes, and tools for numerical library testing
• Review implementation of complex models and algorithms focusing on requirement verification and code quality. Conduct code review with peers and model developers and obtain their feedback.
• Provide production support for the numerical libraries and business systems as needed.
• Provide support to business users explaining the numerical output and investigating issues.

Qualifications:

The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

• Software and Programming:

• Extensive programming background is required, with an emphasis on portfolio analytics, numerical algorithms and scientific computing
• Demonstrated experience developing and maintaining prototypes in a cloud based setting
• Good to have hands on development experience integrating with analytics from FactSet, Axioma, Morning Star for portfolio optimization.

• Preferable to have Mathematics and Quantitative Finance exposure with a demonstrates understanding in (at least) three of the following technical areas:

• Portfolio Theory
• Linear Algebra
• Monte Carlo simulation
• Numerical methods and optimization
• Risk Measures
• Statistical analysis

• Strong problem solving skills. Be able to accurately identify a problem’s source, severity, and impact to determine possible solutions and needed resources. Conducts necessary literature reviews and independent research to identify the most salient solutions to solve the underlying problems.
• Strong financial products knowledge and familiarity with markets, basic trading strategies.
• Good interpersonal, verbal and written communication skills. Able to explain highly technical information to different audiences with varying levels of technical expertise.
• Able to create technical documentation according to quantitative model documentation standards and explain complex and technical information in a clear and concise manner. Must demonstrate proven technical writing skills.
• A good team player.

Technical Skills:

• Expert level proficiency in java or python required
• Experience with numerical libraries and/or scientific computing is required
• Experience with automated Quality Assurance frameworks is required (e.g. PyUnits,etc.)
• Experience with code repository, build and deployment tools (e.g. Git, GitHub, Jenkins)
• Experience in Agile/SCRUM framework preferred.
• SQL knowledge is desired

Education and/or Experience:

• Graduate degree in a quantitative/computational field such as statistics, financial mathematics, quantitative finance, computer science, physics, mathematics

Additional Information

Expected salary:

Location: Pune, Maharashtra

Job date: Fri, 15 Jul 2022 22:59:21 GMT

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