Check Prfoeil
Wednesday, August 28, 2013
2. Please describe why you would be suitable for a role in Risk at . (Max 3,000 characters)
From my researches, it appears that competitive advantage is its culture, which is made by people working there. Flat structure, all work hard all work as a team, intelligent colleagues, an environment made to grow and learn, all this sounds to me as the ideal place to work. I am therefore even more convinced that my genuine interest in finance and my desire to put it in action the knowledge gained with the msc, will highly appreciated by the Group.
1. Using examples of experiences and achievements, please demonstrate the qualities you would bring to the Group. (Max 3,000 characters)
As a software developer with over 10 years of experience working with business users to build and delivery value added solutions, and as a master in applied finance, I am confident I will bring to the Risk Group an effective combination of IT competencies and finance knowledge.
My genuine interest in finance led me to pursue a master in applied finance where I gained a comprehensive knowledge from corporate finance to derivatives pricing and risk management, including credit portfolio management. This means that I can assess credit risk from balance sheets and income statements as well as using quantitative techniques on current market prices of bonds and credit defaults swaps.
Moreover, since 2011 I work in ..Credit Risk and Margin department with hands on different aspects of counterparty credit risk for OTC derivatives trading business. I started in the OTC Clearing team where I worked with business users on the development of a margin call reporting solution which nets and aggregates clients’ trades across all ... trading desks. The project was challenging as it required to connect with several preexisting components and also it required me to interact with several different business users’ teams to test and sign-off the solution. With a lot of hard work beyond the usual working hours, the solution was delivered on time and it was defined as a ground-breaking because it made ... the only OTC Clearing player to offer such netting and reporting solutions to clients.
Next I worked with treasury business users and repo trading desk to build the cost of financing of ... trades in order to adjust the trading desks P/L with the true cost of financing and cost of collateral. In this case the main challenge was to understand the required input data for the trades and collateral to feed into the cost of financing process and it required a lot of interaction with business users and developers from upstream teams to translate a business requirement to a technical requirement.
As a final example, I worked with the credit business users on an ISDA optimization project aimed to develop a simulation system to vary Credit Support Annex parameters like independent amount, haircut, minimum transferable amount and threshold to optimize ... liquidity pool and to report the details of collaterals inflow and outflow. The main challenge was technical as the calculation engine was already in place but was not designed for simulations. To meet the performance requirements, I divided the engine in subsystems so that it was easy to parallelize the simulation process.
Subscribe to:
Comments (Atom)