Job Details
We’re seeking someone to join our team as a Java Developer.
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 Java Developer position at Director 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.
The Market Risk Fleet is a diverse agile fleet, consisting of several squads and developers in Canada, India, Hungary, UK and the USA. The fleet is primarily responsible for the development of Market Risk engines that calculate billions of P&Ls (Profit and Loss analysis) on a daily basis in a highly distributed environment. The output is essential for risk managers, board members and financial regulators. Within the fleet we are responsible for reimplementing our Risk Calculation engine, using distributed Java microservices, and cloud technologies.
The Fundamental Review of the Trading Book (FRTB) is an international standard of rules for computing and governing capital that banks must hold against market risk exposures.
The Market Risk Department encompasses technology to mitigate Market Risk through various global systems and processes. We are responsible for monitoring, measuring and communicating risks generated by Morgan Stanley's business lines. Our mission critical platform processes over a billion positional and sensitivity records daily and uses thousands of CPU-cores to compute the risk. Our databases contain over a Peta Byte and our data velocity is measured in TB/hr. We are in the process of renovating much of our core infrastructure as part of a multi-year initiative.
FRTB Risk Engines within Market Risk Department interfaces with various systems and obtains valuation, Greeks and risk sensitivities along with trade attributes for trades across various asset classes. FRTB applications have many roles to play namely reference data management, ingestion of data, calculation of charge, tooling for analysis and reporting. The distributed processing platform is event-based and leverages big data technologies such as Spark and Greenplum.
The ideal candidate will have extensive hands-on experience designing, building and integrating analytical systems in a multi-tier data-centric environment. Experience with large-scale relational databases, strong SQL, Java, and Linux are essential. Working knowledge of big data technologies such as Spark is a plus. The candidate will work in an agile squad to design and implement solutions following a Service Oriented Architecture (SOA).
We are looking for candidates with experience in Core java, Apache Spark, DB SQL, Application/server-side development. Having knowledge on distributed computing, handling of high volume of data, process optimization, reducing run time etc. will add value to the candidate.
What you'll do in the role:
- Work on developing new and enhancing existing Market Risk applications
- Be part of an Agile squad with members in Montreal, Budapest, India, London, and New York, following Agile principles and applying DevOps practices
- Be able to work with our business partners
- Shape the tooling and technology landscape of Risk Management, by introducing tools enabling better business processes required for meeting Firm's regulatory obligations
What you'll bring to the role:
- 4+ Years hands-on experience with Core-Java (server-side), Spring, RDBMS
- Experience with distributed data processing pipelines using Apache Spark, Python, and other tools and languages
- Strong object-oriented design and development skills, data-structures and algorithms, and design patterns
- A good understanding of how to build multi-threaded applications and hands-on experience with concurrency packages
- Excellent critical thinking & analytical ability
- Experience with distributed data processing pipelines using Spark, Hive, Python, and other tools and languages
- A culture of incorporating unit test cases when designing systems using Junit
- Strong experience with relational databases logical modelling
- Strength in querying large relational databases in an optimized manner
- Ability to write scripts in Shell/Perl/Python
- Agile Development Experience
- Strong collaboration and communication skills. The candidate will work in a global team where clear and concise communication skills are a must.
- Work independently following proper coding standards
Nice to have:
- Risk/Financial Systems development experience
- Automated testing
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. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.