IT Developer (Equity Derivatives) - Hong Kong

Responsibilities:
· Based in HK
· Develop tools for structuring and trading team as well as sales force (the “End user”)
· Support Exotic options pricing
· Implement and test new volatility models
· Implement and monitor new products
· Compute, analyse and perform breakdown on real time intraday P&L through options various sensitivities (gamma matrix, rho and vega buckets,…)
· Develop and support flow pricers
· Develop and support arbitrage and volatility pricers
· Ensure that the P&L reconciles with those of accounting and market risks
· Ensure proper documentation of the pricing tools,
· Liaise with the Head Office FO IT EDA team to ascertain at all times compliance with the group strategy and policy over IT tools.
· Providing training to the End user of the developed tools
· Assist in ad-hoc project

Requirements:
· Understanding of equity derivatives but not limited to other financial products
· Understanding of capital markets
· Advance knowledge on MS excel, VBA, C++
· Knowledge on C++, Java, etc
· Knowledge on internal trade procedure, capabilities and constraints
· Work in team to the best of self and others
· Knowledge on software, tools that which to aid/streamline settlement process
· Knowledge on control points, tools & operation contacts in HO
· Languages etc. in particular Chinese language
· Understanding of the SFC’s Statements of Principles, Rules & Code of Practice
· Detailed knowledge of SFC’s requirements affecting company & its controllers