Commodities Derivative Risk Valuation System Developer, Vp - Singapore - Morgan Stanley

    Morgan Stanley
    Morgan Stanley Singapore

    1 month ago

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    Full time $150,000 - $250,000 per year Banking / Loans
    Description
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    Commodities Derivative Risk Valuation System Developer, VP

    Job Number:
    POSTING DATE: Mar 9, 2023
    PRIMARY LOCATION: Non-Japan Asia-Singapore-Singapore-Singapore
    EDUCATION LEVEL: Bachelor\'s Degree
    JOB: Development
    EMPLOYMENT TYPE: Full Time
    JOB LEVEL: Vice President

    DESCRIPTION

    Description
    The global Commodities Derivative Settlement Systems team is responsible for developing technology solutions supporting the commodities trading business on their OTC settlement processes through the derivatives\xe2\x80\x99 entire lifecycle.

    The trading system covers multiple commodities business lines including Oil liquids, Natural Gas, Electricity, Metals, Agricultures and Index etc. In terms of the trade types, it handles lifecycle for futures, swaps, basis swaps, various Options, OTC derivatives, exotic trades and physical forwards trades.

    The Commodities Derivative Settlement system supports calculating, aggregating and executing the settlement process either on the financial cashflows or the physical deliveries generated by the over-the-counter derivative trades in Morgan Stanley commodities trading systems in real-time or STP bulk-process, managing the client confirmations, cash or physical settlements, account and balances with electronic invoicing systems, journal posting system, balance reconcile systems and swift execution ability etc. throughout the entire OTC settlement management.

    There are constantly new requirements for changes in Commodities trading systems in order to enable the new business, meet regulatory demands, address the IT infrastructure upgrade requested from external parties such as exchanges, renovate the various critical components of trade system using trended technologies such as Spring Boot, Kafka and cloud deployment etc. Therefore this is a great opportunity to learn commodities trading business at global scale, understand data model of various trade types and develop system to support commodities derivatives lifecycle management front to back.

    QUALIFICATIONS

    Skills Required
    - Hands-on coding in Scala multi-threaded applications and distributed systems
  • Experienced with physical settlement for commodities OTC products, e.g. physical settlement process like physical natural gas and precious metal, DVP/RVP, SWIFT settlement process and knowledge of SWIFT messages, e.g. SWIFT category 6 Commodities messages, Metal SSI
  • Experienced with cash settlement for commodities OTC products, e.g. STP, client confirmations, cash SSI, ISO20022, tax withholding/VAT/GST across both domestic and international entities for NA/EU/AP counties
  • Experienced with account and balances with electronic invoicing systems, journal posting system, balance reconcile systems
  • Hands-on coding in Java multi-threaded applications and distributed systems
  • Experience with Kafka and cloud deployment
  • Excellent written and communication skills
  • Interest in learning the financial knowledge, particularly about commodities trading.
  • Self-motivated, quick-learning and comfortable with working in a global team
  • Strong software engineering, analytical and problem-solving skills

    Skills Desired
  • Experience in server side CORE-JAVA development with distributed caching
  • Micro-services with Spring boot
  • Good System Design and Architecture Skills
  • Comfortable dealing with ambiguities and working out technology solutions for the business