Identifies emerging risks and escalates to the First Line/Business senior management and RSR quant ... Programming in Python and SQL a plus. Qualifications (Experience & Education): Required: Bachelor ...
Identifies emerging risks and escalates to the First Line/Business senior management and RSR quant ... Programming in Python and SQL a plus. Qualifications (Experience & Education): Required: Bachelor ...
Senior Lua Developer information
What is the difference between Senior Lua Developer vs Lua Programmer?
| Aspect | Senior Lua Developer | Lua Programmer |
|---|---|---|
| Experience | Typically 5+ years, leadership responsibilities | Entry to mid-level, focused on coding tasks |
| Responsibilities | Designing architecture, mentoring, project management | Writing and testing Lua scripts, debugging |
| Skills | Advanced Lua, problem-solving, teamwork | Lua syntax, basic scripting, debugging |
| Work Environment | Game development, embedded systems, industry projects | Game mods, embedded devices, automation scripts |
The main difference between a Senior Lua Developer and a Lua Programmer lies in experience, responsibilities, and scope. Senior Lua Developers often lead projects and mentor others, while Lua Programmers focus on scripting tasks. Both roles require Lua knowledge, but the senior role demands broader skills and leadership experience.
What are some common challenges Senior Lua Developers face when working on large-scale projects?
What are the key skills and qualifications needed to thrive as a Senior Lua Developer, and why are they important?
What are Senior Lua Developers?
Other
Posted 15 days ago
Job description
Day-to-Day Responsibilities:
Client Custom Margin Proposal, Negotiation, Documentation and Implementation
Manages global (AMER / EMEA / APAC) custom margin negotiations for Equity PB including Arranged Financing and Synthetic EqPB upon agreement that non-standard margining is acceptable
Reviews client's margin needs and drafts proposed changes to standard margins
Defines and updates margining rules with client, under the constraints of the risk limits.
Ensures margin levels remain adequate for the risks of the client's portfolio in coordination with RSR coverage analyst.
Estimate margins for sample portfolios with initial and proposed changes
Consults with RSR coverage analyst and RSR Quant team when applicable
Finalizes draft custom margin proposal in coordination with RSR coverage analyst to gain LOD2 approval / validation
Draft overall framework and guidelines of Equity PB margin customization.
Create grid of all margin parameters along with ranges permitted for negotiation to be shared within RSR
Define monitoring framework around custom margin and establish process to maintain record of validated custom margin grids across each parameter per client globally for global RSR access
Log each customized margin grid into MyMRM in accordance with MRM policy.
Client Onboarding of Clients with Custom Margin
Participates in the Legal Documentation negotiation for margin related terms and tracks non-standard margin terms per client (LUA, EqPB)
Ensures that margination is set up appropriately in margination systems.
Portfolio Analysis, Front Office and Client Interaction
Supports Sales on EqPB client pitching along with RSR coverage analyst by providing necessary explanations on the margin methodologies with respect to the client's portfolio.
Reviews analyses on determine whether margin grids need to be amended / adjusted where possible in accordance with legal documentation
o client strategies and trading patterns
o risks in client portfolios: market risk, liquidity and concentration risks, wrong way risk, etc.
o margin coverage relevance
o risk measurement adequacy
o balance sheet and capital usages if required.
Identifies emerging risks and escalates to the First Line/Business senior management and RSR quant team for possible changes to client margin grids
Monitoring / Reporting & Overshoot Management
Performs monitoring of margin vs risk and reviews exceptions, taking action or escalating when necessary
Escalates potential client issues to the First Line/Business senior management and the Second Line Risk/Credit.
Manages methodology margin disputes in coordination with RSR Quant team (after GBTO identifies as methodology dispute).
Special projects
Participates in projects to enhance the margining framework.
Suggests enhancements to the processes.
Competencies, Skills and Qualifications:
Competencies:
Required:
Communication Skills: excellent verbal, writing and presentation skills with the ability to interact with stakeholders and ability to relay complex technical concepts to both technical and non-technical audiences. Ability to present and escalate issues to Clients as well as Senior Management.
Client focused with strong advisory skills.
Analytical capability and Problem solving: Able to break down complex problems into simple manageable units, develops solutions for each unit, and integrates them back into the whole. Can absorb ideas quickly and apply them pragmatically.
Results oriented: participates in setting goals and meets deadlines to bring value to the team and to the First Line/Business while maintaining high quality work product and safeguarding the bank.
Interpersonal effectiveness: is self-aware of own behavior and work style, as well as tolerant of different needs and viewpoints. Demonstrates interest, consideration and respect in others opinions.
Organized, detail and deadline oriented
Technical Skills & Knowledge:
Required:
Solid knowledge of financial markets and financial products.
Solid knowledge of margin methodologies for EqPB
Good knowledge of Equity PB
Good knowledge of financial risk, margining and portfolio analysis techniques: VaR models, Stress Testing, Greeks.
Good knowledge of hedge funds and investment strategies.
Desired:
Familiar with databases and business intelligence (e.g., Tableau)
Good knowledge of Excel.
Programming in Python and SQL a plus.
Qualifications (Experience & Education):
Required:
Bachelor's degree in Finance, Economics, Engineering or Mathematics.
15 years in risk management, preferably in market risk, model risk or hedge fund risk.
Strong Knowledge of equity margin methodologies
Must be a self-starter and be able to operate independently in a fast-paced environment.
Proven change management abilities.
Desired:
Master's degree