Front Office Front Arena Business Analyst
Location: Hong Kong
One of our clients is a Hong Kong based investment bank with close to US$20 billion AUM and more than 10, 000 employees. They specialise in OTC derivatives such as IRD’s Equity and FX trading in Global Markets as well as providing some asset management services. Our client pride themselves on having an accredited and strong history of trailblazing the Asian markets by breaching into market “firsts” as well as expanding into new US and European markets.
Our client is currently undergoing a Greenfield Front Arena implementation front to back for their entire treasury. It is a project that primarily touches on the Front and Middle Office handling of risk and valuation and will cover all their asset classes. This implementation is a precursor touching onto the client’s later planned transition from IBOR to a RFR framework.
The technical resources are covered, but they are currently struggling with covering their functional requirements. The core of what they need is someone who can understand the needs of the users as well as the system and then identify where and how to remedy the situation.
We are looking for a Front Office Front Arena Business Analyst who can do an analysis of the instrument positions in the former in-house system, assist with the migration of the data, arrange and schedule the testing and compare the original positions with the ones in the Front Arena framework. Subsequently you will need to assist with the setup, configuration, providing insight and guidance to the development team when needed. You will be working with an excellent local team with the newest Front Arena technologies available.
The ideal candidate will have a minimum of 10 years’ experience, working with the Front Arena system and would need to understand Front Office pricing and risk calculations such as limits, concentrations, volatilities, and Greeks, along with VaR, and PnL. You will also need an in-depth understanding of IRD, Equities and FX.
As a part of this Greenfield implementation, you will be working as an integral piece of this comprehensive machinery, interacting and liaising between traders, heads of desks and the development team, placing you in the middle of the action, working with the latest technology that Front Arena has to offer. You will also gain valuable exposure to the built in core RFR modality of Front Arena which will further enhance your employability as RFR frameworks become an increasingly accepted and implemented standard.