Derivatives Platform Development Lead
2 weeks ago
We're a leading financial exchange, home to Asia's most dynamic and vibrant capital markets. Our purpose is to connect, promote, and progress our markets and the communities they support for the prosperity of all.
Job Summary
This is a greenfield development opportunity to design, build, and implement the next generation derivatives platform. We're committed to modernizing our infrastructure and aligning our operating model to a client-led framework.
Job Description
We're looking for a dynamic and passionate individual to join our Risk Management System application team. As a Derivatives Platform Development Lead, you'll have the opportunity to develop and work with new technology, collaborating with seasoned technologists across the IT Division and business stakeholders across HKEX.
Key Responsibilities
- Implement and maintain models for option pricing, volatility calibration, margin calculation, and other risk management tools.
- Carry out duties in system development life cycle, including effort estimation, collecting user requirements, system design, programming, functional and technical testing, and production migration.
- Collaborate with risk managers and other stakeholders to understand their requirements and translate them into technical solutions.
- Conduct thorough testing and validation of models and tools to ensure accuracy, reliability, and adherence to regulatory requirements.
- Provide technical support and troubleshooting issues related to quantitative models and tools.
- Collaborate with infrastructure, IT Security, compliance teams to ensure the security and compliance of applications.
Requirements
- Degree in Computer Science, Mathematics, Statistics, Financial Engineering, or related disciplines.
- Minimum 7 years' system development experience, preferably in the financial services industry.
- Solid experience in application design and development in Java, C++, Python, Linux platform.
- Experience with distributed computing frameworks, MicroServices, containerized applications, Cloud technology.
- Familiarity with object storage, databases, noSQL, and data manipulation tools for handling and analyzing large datasets.
- Understanding of quantitative finance concepts, including derivatives pricing, risk management, and portfolio optimization.
- Good communication skills in both written and spoken English.
Location
Hong Kong SAR
Estimated Salary Range
$120,000 - $180,000 per annum
Benefits
HKEX offers a competitive salary package, including benefits such as medical insurance, pension scheme, and annual leave entitlements.
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