Post on 19-Jan-2016
description
First Derivatives plc
Polish Graduate CareersOctober 2005
Tel: 028 30 252242
E-mail: jobs@firstderivatives.com
Polish Graduate Package First Derivatives plc is looking to hire very high calibre Polish
graduates to join its elite workforce. The company is offering the following package:
– Starting Salary euro 25k– Relocation expenses– Free accommodation in Newry, N Ireland
Company owned property within walking distance of Head Office All bills covered
– Professional Clothing allowance of euro 1500– Entitlement to all staff benefits after 6 months
First year responsibilities will include:– 3-6 months on one of our trading systems support teams– Potential shift work (overtime will be paid extra)– Intense self-training on finance and technology– Move to London or NYC projects after 3-6 months
Travel, accommodation and subsistence are paid for by FD
Company Overview
Founded 1996 – Headquartered in Newry, N Ireland Recognised service provider in financial markets Specialising in
– Outsourced Systems Development & Support– Real-time Trading Applications (Retaining IPR) – Kx Technology Specialists (Largest pool of consultants worldwide)
Consistently profitable since inception 65 staff (growing at rate of 1 per month) Floated on AIM April 2002
– 100% share price appreciation since flotation
Location
FD is located in the city of Newry in Northern Ireland.
Newry is less than one hours drive from the major Irish cities of Belfast and Dublin.
First Derivatives plc
Target Market
Financial Organisations– Banks– Investment Banks– Corporate Treasurers– Hedge Funds
Software Sectors– Financial– Database Technology– E-Business
Staff 65 staff (growing at rate of 1 per month)
– Quantitative Analysts, Financial Engineers and Systems Engineers
Excellent Academic Backgrounds
Mathematics, Finance, Computer Science Graduates
Best of Breed Experts hired to complement local talent– Derivatives, Banking, Insurance, Pension Fund and I.T. experience– ex Morgan Stanley, Sungard, KPMG, Lloyds Abbey Life, Susquehanna
Extensive In-house training programmes
Very well paid
Share Options ensure participation in company success
Elite & committed workforce
Products and Services Outsourced Systems Development and Support
– Consulting teams in major technology with capital markets knowledge – 100s of individual users in over 20 financial institutions worldwide– Either on-site or remote– Work for both Banks & Software Companies– Feb 2005 signed major near shore IT support contract with Electronic Data Systems (EDS)
Product Development retaining IPR– Equity, Fixed Income & FX trading tools– Direct Exchange Connectivity– Real-time Trading Applications
Kx Technology Specialists (Ultra-fast Database Technology)– Worldwide sales and services partner of Kx Systems– Software Sales to 8 out of 10 top tier investment banks and many hedge funds– Over 50 customers worldwide growing at rate of 10 per year– Consultancy sales to 50% of Kx Customers– Support Contract sales to 20% of Kx customers
Customers/Partners/Case Study Partners
– British Telecom, London– IT&E, Sydney– Kx Systems, Palo Alto– TickData, Washington – Calypso, California– Quadrus Financial
Technologies, Vancouver
Case Studies– FD sold A leading UK Investment Bank an Kx equity enterprise license in Jan 2002. The FD on-site
team has now grown to 5 (spread between London & NYC) and is responsible for developing and maintaining the equity program trading environment including an advanced analytics library written in q.
– FD worked on the Opus product installation for Swedbank in 1996 and have had a minimum of 1 consultant onsite ever since. The current 3 man team based in Stockholm provides ongoing systems support to the traders and resources for ad hoc developments.
– A large UK bank hired 2 FD resources for one-off project in 2001. Project success has helped spread FD reputation throughout the bank and we currently have 15 consultants on and off-site working on 6 separate projects. In the past 18 months FD has taken full responsibility for the near shore support of the Calypso product and formed a separate team to near-shore the support a range of legacy systems.
Main Customers (in partnership with Kx Systems)
– JP Morgan, London– Dresdner Kleinwort Wasserstein, London– Lehman Bros, London & New York– Merrill Lynch, London & New York– Deutsche Bank, London– Fidelity, Boston– Bank of America, New York– CIBC, New York– Swedbank, Stockholm– Svenska Handelsbanken, Stockholm
Current Projects - sample US Software House
– Project Management of an Interest Rate Derivative Blotter developed as an extension to an existing trading system
Swedish Bank – FD provide user and technical support for Opus, Kondor+, Algorithmics and carry out any in-
house developments requiring customisation and/or integration with the Opus trading system Investment Bank
– Multiple Trading System Integration, EAI project that required the integration of various trading systems for the purpose of collating all accounting data in each system into one back office accounting area
Large UK Bank– Development & Support of Trading System Integration, Responsible for fixed income
operational systems – from deal entry, through confirmation, settlement and posting to a general ledger system. The FD team also manage the generation of regulatory reports, contingency systems and various market risk feeds.
US Bank– The design and development of a front to back real-time algorithmic trading platform
incorporating tick data capture, storage & analysis, implementation of equity program trading strategies and direct links to exchanges for ultra-low latency trade execution.
Corporate Direction
Maturity to medium sized company of 100-150 employees
Increase earnings potential through investing in employees
Increase market share
Establish senior consultants as market leaders in their field
Develop software products
Become market leader in real-time trading applications
Expand Kx database technology to non-financial markets worldwide
A Future with First Derivatives
Visible career path
Extensive training programs
Working with leading edge technology
Working with the latest techniques and concepts in finance
Learn how to compile and present information for external use
Learn aspects of marketing, HR, planning, budgeting
Work with top management in large banks
Assume responsibility more quickly than in other companies
Best remuneration package in Ireland - north or south
Participate in company success via share options
FD Training
Financial Theory – Pricing and Risk Management of all Financial Instruments
Software Engineering– Exposure to several major technologies
Internet Technologies
Kx Technology
Development Tools
Project Management
Sales Awareness
Marketing Awareness
Language Training
Benefits and Prospects
Increasing Salary
Project Related Bonuses
Employee Profit Share Pool
Equity Options
Contributory Pension Scheme
Private Health Cover
Employee Remuneration Profile
£0
£10,000
£20,000
£30,000
£40,000
£50,000
£60,000
£70,000
Package
1 2 3 4 5
Year
FD Remuneration
Share Options
Bonuses
Salary
FD Careers: Jamie GrantJoined: May 2003Job Title: Financial EngineerDegree: Maths & Physics, Warwick University
Location Company Project Duration
Newry FD Training on finance and C++ 1 month
Philadelphia FNX ASP development on SIERRA product 3 months
Newry e-hub K programming for stock valuation/invoice matching system 2 months
London Deutsche Bank Kdb/tick Installation 2 months
London Merrill Lynch Fx Trading System development 1 month
London Citigroup Kx consulting 1 month
London JP Morgan Kdb development 2 months
London Deutsche Bank Futures Program Trading System development 2 months
New York Lehman Brothers Presenting Kdb Training Course 2 weeks
Tokyo Lehman Brothers Presenting Kdb Training Course 2 weeks
London Merrill Lynch Fx Trading System historical database optimisation 4 months
London Barclays Capital Porting legacy time-series database to Kdb+ 9 months
FD Careers: Svein HallsteinsenJoined: Oct 2004Job Title: Financial EngineerDegree: BSc Maths & Finance, MSc Physics, Norwegian University of Science & Technology, Trondheim
Location Company Project Duration
Newry FD Training in Kx technology and Quadrus technology 1 month
London DrKW Kx evaluation 2 weeks
London Deutsche Bank Kx evaluation 2 weeks
Newry FD Development on FD's real-time trading application 1 month
Stuttgart BWB Kdb/tick Installation 1 month
Newry Quadrus Pricing Medium term notes 1 month
London HSBC Implementing Reuters feedhandler and kdb+ analytics 1 month
Newry Quadrus Pricing Cross Currency swaps 2 months
London HSBC Implementing additional kdb+ analytics 1 month
Newry FD Development of Kdb+ DBA tool 1 month
New York Bank of America Development of C# gui 1 month
New York Lehman Brothers Migrating kdb tick database to kdb+ 1 month
Boston Fidelity Presenting Kdb Training Course 1 week
Employee Responsibilities
Professional approach at all times
Promotion of the company and its ideals
Proper feedback and reporting
Self-Training to complement in-house courses
Provide assistance and mentoring to less experienced personnel
Feedback of sales opportunities
Periods of intense work
Potential Candidates Do you have a very strong Mathematics background?
Are you prepared to travel extensively at short notice as part of your job?
Are you prepared to work long term in NYC, London or other European destinations?
Are you prepared to work in Newry from 0900-1800 Monday to Friday, while not involved in a project onsite?
Are you prepared to learn new technologies and languages necessary to succeed as a First Derivatives financial engineer or financial technology consultant?
Are you prepared to spend time learning the principles of derivatives pricing and risk
management?
If you can answer YES to these questions
Send CVs to: jobs@firstderivatives.com