Python Developer - Financial Model

Legal & General
London
1 year ago
Applications closed

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We have an exciting new opportunity for Python Developer to join our Financial Modelling & Development team. The ideal candidate will responsible for developing and supporting new financial risk modelling, regulatory, asset and liability business requirements into the risk modelling landscape. The role holder will be expected to deliver solutions to the highest standards to make them quick, robust, as well as being flexible enough to accommodate future requirements.

The successful candidate will also drive and contribute to the larger remit of the team which is to provide the risk and business teams with tools to better understand the numbers produced by the sophisticated models used in the Solvency II Internal Model, as well as in ALM, Liquidity Risk Management, as well as Stress and Sensitivity Testing.

What you'll be doing:

Working on financial risk management software development in Python and C++. Implementation of regulatory, asset and liability model requirements into the risk modelling systems and being involved in the full software development lifecycle. Working collaboratively with risk, business, technology, and transformation teams to understand and implement risk and business requirements for next generation financial risk management, asset & liability modelling, data analytics and reporting projects. Designing and implementing data APIs, models and tools, and steer internal groups when deriving new pricing/risk management models and approaches. Testing development changes, adding to test harnesses, and updating/adding to large regression test suites. Documentation of requirements within project management systems (e.g. JIRA/Confluence), as well as technical documentation. Data modelling design and development and using big data libraries to continuously enhance data analytics tools and capabilities. Ensuring analysis and requirements are detailed enough to implement solutions on time, and to communicate any requirement changes to assess impact to timescales and plans. Business as Usual support for model and data queries, and enhancement requests. Helping risk and business teams with ad-hoc what-if requests and action these using the Internal Model system. Suggesting innovative ways to implement model requests.


Company Description

Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award-winning business.


Qualifications

Who we're looking for:

Knowledge of financial risk management and asset modelling highly beneficial. Knowledge of software development life cycle, including Agile, Continuous Integration and Continuous Delivery. Good knowledge of software design patterns, as well as algorithms and algorithmic complexity. Practical knowledge of automated unit testing, DevOps principles and practices, and cloud computing. Good knowledge of source control and versioning software. Knowledge of numerical libraries within python such as pandas, numpy, xarray, dask, mathplotlib, sqlite, etc., beneficial.  Python and C++ programming experiences are preferred, including usage of numerical, data and analytics libraries. R, C#, Java and other programming experiences are also considered for exceptional candidates.  Proven problem-solving ability to deliver solutions to technical and/or business problems. History of good software design and development processes, including source control, and other continuous integration software (Perforce, git, JIRA, Jenkins). Experience and understanding of financial risk modelling and/or asset/liability modelling, for risk capital calculations highly beneficial. Hands on experience with Unix/Windows commands, file systems and application installation / shell scripting are beneficial. Interest and experience in Data Science capabilities and cloud technology are desirable.

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: 

The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes Generous pension contribution Life assurance Private medical insurance (permanent employees only)  At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday  Competitive family leave  Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice  There are the many discounts we offer – both for our own products and at a range of high street stores and online In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart 


Additional Information

Legal & General is a leading financial services organisation, named in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued.

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. 

If you’re open to find out more, we'd love to hear from you.

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