Credit Quantitative Developer

Beacon Platform

Beacon Platform

Software Engineering
New York, NY, USA
Posted on Tuesday, October 31, 2023

Beacon Platform was founded in 2014 by Kirat Singh and Mark Higgins, industry leaders in building and designing enterprise-scale trading, analytics, and risk management platforms. Our products enable financial institutions of all sizes to operationalize front-office development at enterprise scale on the cloud. The Platform consists of Beacon Front Office Suite for cross-asset management of trades, positions and risk, and Beacon Core, an integrated development and operating platform that enables quants and software engineers to collaboratively develop and continuously deploy business solutions. Beacon’s open architecture and transparent source-code model empower clients to achieve their business goals while maintaining unparalleled ownership of the full technology stack.

Beacon Platform builds a cloud-based development environment that enables quants, data scientists, and commercial developers to rapidly build and deploy the functionality that their businesses need at the largest scales. Additionally, we build and externalize trading and risk management applications for all sides of the financial services industry.

As a Credit-focused Quantitative Developer at Beacon Platform you will be working within the Quant team to build out and expand our Credit Derivatives and Fixed income product offerings. You will collaborate with developers in other teams to deliver developer and end-user functionality for trading and risk management. In addition, you will interface directly with our clients, who themselves extend the platform to implement their own proprietary risk models and analytics.

What You’ll Do

  • Work on valuation, risk and trade lifecycle for Credit Derivatives and Fixed income markets
  • Design, build, extend, and maintain frameworks within the platform supporting credit derivatives and fixed income products, their associated lifecycle and trade management, scenario analysis, cashflow generation, and reporting (e.g. PNL attribution)
  • Identify and advocate for new models and design patterns necessary for the continuous improvement of an evolving infrastructure to support all clients

What we are looking for

  • Familiarity with Credit Derivatives and Bonds
  • Knowledge of market conventions, deal structures, and pricing/risk management in either Credit and/or Fixed Income markets
  • Willingness to learn about and work on other asset classes
  • Experience developing code in a production environment
  • Development Background in a high level language, preferably with a few years of Python experience
  • Strong problem solving and communication skills, ability to convey technical topics to a diverse audience

What Will Make You Stand Out

  • Experience in a front office development role, preferably on a Credit Derivatives or Fixed Income trading desk, supporting securities pricing, hedging, and risk analytics
  • Experience building/enhancing/maintaining pricing and risk systems
  • Familiarity with relevant sources of market data and product data
  • Experience developing and deploying code in a production environment - preferably enterprise risk systems

Expected Range: $125,000 - $150,000

Benefits:

  • Competitive compensation package.
  • Comprehensive health, dental, and vision insurance plans.
  • 401(k) retirement plan with company matching.
  • Flexible work arrangements (Hybrid)
  • Opportunity to work with a talented and experienced team.
  • Fast-paced and innovative work environment.

Beacon Platform is an equal-opportunity employer. We welcome applications from candidates of all backgrounds and experiences.

Beacon does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. Beacon encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Beacon Platform participates in eVerify