Quantitative Developer at Numeric

Milan, Lombardy, Italy

Numeric Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, FinTechIndustries

Requirements

  • At least 7-10 years experience in financial derivatives, risk analytics and capital markets with strong understanding of quantitative finance and technology
  • Some experience with risk analytics including but not limited to Historical, Monte Carlo & Scenario VaR, XVA, PFE etc., as well as in-depth familiarity with Product Structures, Curve Building, Pricing Models, Risk and Market Reference Data
  • Strong demonstration, communication, and interpersonal skills
  • Strong understanding of the Software Development Life-Cycle (SDLC) and best practices of the same (preferably Agile) and development tools like JIRA
  • Strong hands-on experience with python and/or other programming languages
  • Experience with cloud-based native services and SaaS offerings
  • Live within a commutable distance of Milan office (hybrid role)

Responsibilities

  • Help design complex valuation and risk solutions through customer implementation projects, including capturing and translating customer business requirements into solution specifications and designs
  • Perform front-to-risk systems configuration
  • Handle systems integration/interfaces
  • Develop workflow automation
  • Provide first line troubleshooting during QA and customer testing
  • Provide 1st class application support to EMEA clients
  • Contribute to the full lifecycle of product development working with Financial Engineers, Quantitative Analysts, Solution Architects/Developers and Project Managers
  • Partner closely with product engineering, product management, sales, pre-sales and support to deliver analytics solutions that meet clients’ expectations
  • Be an active contributor to change management, and to a positive, collaborative, and high performing team environment across Numerix
  • Drive change management and lead, coach and mentor other team members

Skills

Key technologies and capabilities for this role

Quantitative AnalyticsValuation ModelingRisk ManagementSystems IntegrationWorkflow AutomationC++Financial EngineeringSolution ArchitectureChange ManagementClient Onboarding

Questions & Answers

Common questions about this position

What experience level is required for the Quantitative Developer role?

At least 7-10 years of experience in financial derivatives, risk analytics, and capital markets is required, along with a strong understanding of quantitative finance and technology.

What specific risk analytics knowledge is needed?

Experience with risk analytics including Historical, Monte Carlo & Scenario VaR, XVA, PFE, as well as in-depth familiarity with Product Structures, Curve Building, Pricing Models, Risk and Market Reference Data is required.

What soft skills are essential for this position?

Strong demonstration, communication, and interpersonal skills are a must, along with the ability to lead, coach, and mentor team members.

What is the company culture like at Numerix?

The culture emphasizes a positive, collaborative, and high-performing team environment, with contributions to change management and knowledge exchange across teams.

What makes a strong candidate for this Quantitative Developer role?

Candidates with 7-10 years in financial derivatives and risk analytics, deep knowledge of quantitative tools like VaR and XVA, strong communication skills, and familiarity with SDLC best practices (preferably Agile) stand out.

Numeric

Financial close management solutions for enterprises

About Numeric

Numeric.io provides financial close management solutions designed to streamline the month-end close process for large enterprises. The platform integrates features for closing, reconciling, and analyzing financial data, enhancing collaboration and control over financial processes. It automates complex tasks to ensure financial controls are maintained, helping companies remain audit-ready. Numeric.io operates on a Software-as-a-Service (SaaS) model, where clients subscribe for access to its features, allowing for continuous updates and support. This approach enables Numeric.io to cater to both mid-sized and large corporations with tailored solutions for their financial close needs. The company's goal is to transform how businesses manage their financial close processes, making them faster, more accurate, and efficient.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$40.4MTotal Funding
SERIES_ACompany Stage
Enterprise Software, FintechIndustries
1-10Employees

Benefits

Remote Work Options
Flexible Work Hours

Risks

Competition from established firms like BlackLine and FloQast may impact Numeric's market share.
Rapid AI advancements require continuous innovation, potentially straining Numeric's resources.
Data privacy concerns and regulatory scrutiny could pose compliance challenges for Numeric.

Differentiation

Numeric offers a unified platform for financial close management, enhancing efficiency and accuracy.
The company targets large enterprises and IPO-preparing firms, providing tailored financial solutions.
Numeric's SaaS model ensures continuous updates and support, maintaining client satisfaction and loyalty.

Upsides

Numeric raised $28M in Series A funding, boosting its growth and development potential.
Strategic partnership with Riveron enhances Numeric's AI-driven financial management solutions for CFOs.
Growing demand for AI-driven financial solutions supports Numeric's market expansion and innovation.

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