QuantRec.com

Tuesday, August 30, 2011

We're HIRING: Sr C#/WPF Developer (Prop Trading Firm, NYC)

Sr C# GUI Developer (WPF)

Prop Trading Company/ NYC

Description

The role is a full-time position in our IT team. Working primarily in C#, and secondly in C++ on Linux, the candidate would take over responsibility for all aspects of the front end of the system, including the servers that assemble and distribute the data to the traders' desktop.. The job is technically demanding and professionally rewarding. We are looking for a senior technician to take major role in extending our trading functionality on our new platform. Responsibilities include:

Developing systems for new markets, new products and new trading opportunities
Designing new ways to display data and allow traders to control the system
Improving the scalability and performance of our interfaces

Qualifications

Qualified candidates should hold at least an undergraduate degree. You should be able to demonstrate skill in C# and familiarity with C/C++ application development. This is a hands-on development role. Candidates must have experience of developing user interfaces for large-scale fast-moving data sets. In addition, candidates must have experience of at least some of the following:

Displaying real-time financial market-data
Creating server-side caches of displayable data
Understanding of TCP/UDP/IP and the networking stack
.NET WCF and WPF
Python scripting

Candidates must have strong interpersonal skills:

Team orientation
Ability to present information clearly and succinctly
Drive and commitment to resolve problems
Build good relations with clients
Show attention to detail
Enthusiastic self-starter who takes initiative with minimal supervision.
Flexible team player who effectively prioritizes and juggles multiple concurrent projects.

We're HIRING: Senior C++ Trading Systems Engineer (Prop Trading Firm/NYC)

Thursday, August 25, 2011

WE'RE HIRING: Application Management Lead - New York (Top Financial NYC)

Call or text 203-29-QUANT 203.297.8268 if you have any questions and are
qualified for this role or others posted.

Please speak clearly if leaving a voicemail, and let me know the role you are
applying for and if you have sent a resume or not. You may call or text at any time. All discussions and messages are fully confidential...
If QUALIFIED &AUTHORIZED FOR USA WORK, email resume onto QuantRec
@gmail.com & Quant at QuantRec dot com.

Goto http://www.QuantRec.com for updates on jobs,
bookmark it! you can fax in resume to 206-202-7703 as well.

PLEASE BE SURE TO INCLUDE your salary requirements (2010 base/bonus), location
preferences, and for my notes where you have been interviewing or been submitted to in the past 6 months (as there are multiple opportunities if you are a solid techie).
Must currently be in USA and be Green CARD/US CITIZEN/h1b with enough years left
on visa (at least 3 years). Also include the best times to reach you over the near term.
Candidates MEETING MOST OF the SPEC below will be contacted
PROMPTLY.
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Application Management Lead - New York
Top Tier Financial Comany

Prime Services IT provides technology solutions to support the business
CMR IT main responsibility is to develop IT solutions for Hedge fund counterparty risk, Collateral Management, Client Valuations Group, and Global Netting for front office, globally. In addition, Collateral Optimization Unit (COU) is a new department setup within the front office to ensure that the firm has transparency and necessary controls in place to monitor the quality, funding and cost of collateral. In addition, with the Dodd-Frank regulation coming in to effect mid 2011 a number of business processes are set to change, which in turn will require technology processes to be re-aligned.
An integral part of the 2011 CMR roadmap is an aggressive technology build out which aims to provide the necessary front to back solutions for the Collateral Management, Margin, and Risk business. To be successful, CMR will need to continue to partner with Front Office sales and trading teams, Middle and Back Office operations, Risk, Finance and other technology teams including infrastructure and support.
Main Function
The successful applicant will be responsible for leading a team of 3 based in NY for the regional applicaiton management function within a larger global Service Delivery team for an IT team which has 220 FTEs, 30 projects and 8 stakeholders groups.
This role will focus on the day to day maintenance and support of a suite of applications (including at least one Category A application for the bank), owning the interface between the development and business teams, close user interaction during incidents, providing a quality gate for functionality being released into a production environment, and respond to user queries, data requests, and other similar functions.

Main Duties
The support models for these applications are at various stages of maturity, and the quality of processes in each reflect this – the successful applicant will have an opportunity to improve the functions and provide direction and improvements in these..
Work closely with the development team to ensure the support processes are clearly set and adhered to.
Work closely with the business users, to ensure the support process strategy is appropriate, and implement improvements where appropriate with buy in from the global SDM team.
Work with the Configuration Management team as a quality gate into production environments.
Be able to clearly communicate plans, status, and progress to internal management, and external stakeholders.
Person Requirements
Basic Qualifications
Bachelors Degree
5 years + experience in Application Management delivery
Preferred Qualifications
Effective leadership, interpersonal and communication skills.
Excellent communication skills with both IT and business at all levels
Good knowledge of techniques for planning, monitoring and controlling projects.
The ability to find ways of solving or pre-empting problems.
The right candidate will present well, be action-orientated, with a focus on continuous improvement in all areas of work.
Known for high energy and productivity the right candidate will be able to deliver quality results with a challenging, positive, influential style
The successful candidate will demonstrate creativity and pragmatism with an ability to conceptualize and deliver at speed.
A passion for delivering support practices to a high quality, with an enthusiasm for whole team success
An intimate knowledge of service delivery, and the role of Application Management within the wider software change process
Appreciation of the approach to working with remote teams, and managing local resources
A proven track record of managing, motivating and leading a team of high performing Application Management staff
Strong track record of delivering improvement within existing Application Management teams
An ability to appreciate and understand the roles of Project Managers, Developers, QA, Configuration Management, users, and key stakeholders
Including a demonstrable ability to work with them to improve the process from inception to production
Experience in Collateral Management, Margin, and Risk would be nice.

WE'RE HIRING: Senior Java Developer - Web/Portal Envrionment/Top Financial/NJ

PLEASE BE SURE TO INCLUDE your salary requirements (2010 base/bonus), location
preferences, and for my notes where you have been interviewing or been submitted to in the past 6 months (as there are multiple opportunities if you are a solid techie).

Must currently be in USA and be Green CARD/US CITIZEN/h1b with enough years left
on visa (at least 3 years). Also include the best times to reach you over the near term.

Candidates MEETING MOST OF the SPEC below will be contacted
PROMPTLY.
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Senior Java Developer - Web/Portal Envrionment
Top Tier Financial Company/ Jersey City

100-150K base +bonus (Depends on Level - They're flexible on level to get it filled).

Update 8:23: There are two open head count for this role. Mgr wants to fill both ASAP.   The role has shifted a little from below description, he wants developer who is a little more front-end developer and little less server side, though in future role will balance out and be equal parts both - very important to advertise so we dont scare right people away.      NEW REQUIREMENTS: Person will be working 80% on client side with JSF, Javascript and AJAX and 20% Server Side with Java on Linux.

Update 8/11: The Mgr wants to fill this role immediately for fear of loosing. He's open to hiring someone with anywhere from 2-20 years of experience so long as they have in his words... "Passion" for their work.

Person Does NOT have to have financial experience. They want someone with some combination of Server Side Core Java and Client Side Web Java, ideally with JSP, JSF and AJAX.   They'd also like experience with GUI tool called SEAM ,but not required.   Person also needs to have basic SQL.

Prime Services – Core Prime Brokerage Portal group is looking for Senior Java Developer. This is permanent position in the fast pace environment. The person will be responsible for developing variousPrime Portal Web applications.
We are located in Jersey City NJ. Candidate must have prior hands on experience of building web applications using java.
Main Function
Candidate will be responsible for design, development and maintenance of the prime broker web based applications.
Person Requirements
Basic Qualifications?
· 7+ years of experience in OO Analysis and design and design patterns
· Must have prior experience working in financial company and preferably in Prime Brokerage business
· Must have prior experience building web presentation technologies such as JSP, JSF and AJAX
Preferred Qualifications
· Strong core Java (J2SE and J2EE) development skills, preferably through release of Java1.6
· Experience with Object relational mapping (ORM)
· Hands on experience using Weblogic or similar application server
· Proficiency with Ant and SVN or CVS
· Strong background in using XML
· Proficiency with IDE-based development, preferable Eclipse
· Unit testing and System testing experience
· Hands on experience in SQL, Stored Procedure, Sybase/SQL Server
Nice to have:
· Hands on experience with Coherence cache
· Hibernate experience
· Experience with JMS
· JBoss application server experience
Additional requirements:
· Analytical mind and enthusiastic, positive attitude
· Must have ability to work independently as well as within a team
· Excellent oral and written communication skill

Wednesday, August 24, 2011

Markets Call “BS” On the DECOUPLING Argument!!

Markets Call “BS” On the Decoupling Argument

Friday, August 19, 2011

Strategist who predicted 2007 stock bubble with current insights, David Tice (VIDEO)

Strategist who predicted 2007 stock bubble with current insights, David Tice!

Thursday, August 18, 2011

We're HIRING: Sr Java Developer Web/Portal Environment/NJ

PLEASE BE SURE TO INCLUDE your salary requirements (2010 base/bonus), location
preferences, and for my notes where you have been interviewing or been
submitted to in the past 6 months (as there are multiple opportunities if you
are a solid techie).

Must currently be in USA and be Green CARD/US CITIZEN/h1b with enough years left
on visa (at least 3 years). Also include the best times to reach you over the near term.

Candidates MEETING MOST OF the SPEC below will be contacted PROMPTLY.
-----------
(Depends on Level - They're flexible on level to get it filled).

Update 8/11: The Mgr wants to fill this role immediately for fear of loosing. He's open to hiring someone with anywhere from 2-20 years of experience so long as they have in his words... "Passion" for their work.

Person Does NOT have to have financial experience. They want someone with some combination of Server Side Core Java and Client Side Web Java, ideally with JSP, JSF and AJAX. They'd also like experience with GUI tool called SEAM ,but not required. Person also needs to have basic SQL.

Prime Services – Core Prime Brokerage Portal group is looking for Senior Java Developer. This is permanent position in the fast pace environment. The person will be responsible for developing variousPrime Portal Web applications.
We are located in Jersey City NJ. Candidate must have prior hands on experience of building web applications using java.
Main Function
Candidate will be responsible for design, development and maintenance of the prime broker web based applications.
Person Requirements
Basic Qualifications?
· 7+ years of experience in OO Analysis and design and design patterns
· Must have prior experience working in financial company and preferably in Prime Brokerage business
· Must have prior experience building web presentation technologies such as JSP, JSF and AJAX
Preferred Qualifications
· Strong core Java (J2SE and J2EE) development skills, preferably through release of Java1.6
· Experience with Object relational mapping (ORM)
· Hands on experience using Weblogic or similar application server
· Proficiency with Ant and SVN or CVS
· Strong background in using XML
· Proficiency with IDE-based development, preferable Eclipse
· Unit testing and System testing experience
· Hands on experience in SQL, Stored Procedure, Sybase/SQL Server
Nice to have:
· Hands on experience with Coherence cache
· Hibernate experience

In euro-zone crisis, German leader Angela Merkel’s OPTIONS ARE LIMITED!

In euro-zone crisis, German leader Angela Merkel’s OPTIONS ARE LIMITED!

"

So far, those steps have fallen short, and concerns have mounted among investors that large countries such as Italy and Spaincould fall victim to the crisis, unnerving world stock markets and contributing to fears of a renewed recession.

Analysts see the outcome of Merkel’s meeting Tuesday with French President Nicolas Sarkozy as a sign that no new grand solutions are in the offing. What she called “magic wand” ideas — such as the introduction of a common “eurobond” backed by all 17 nations in the currency zone — are being set aside.

Instead, Merkel is essentially waiting for budget cuts and economic reforms promised in Greece, Italy and elsewhere to take hold, and for new initiatives approved by European leaders in recent months to get up and running. That could take months, if not longer, given the pending legal challenges and required parliamentary action in the 17 member countries — not to mention the time needed for economic reforms to bear fruit."

"Japan's Nikkei stock average fell for a second straight day on Thursday, hurt by the yen's persistent strength and fears the U.S. might be heading for another recession, with many investors on the sidelines ahead of U.S. economic data."

"Japan's Nikkei stock average fell for a second straight day on Thursday, hurt by the yen's persistent strength and fears the U.S. might be heading for another recession, with many investors on the sidelines ahead of U.S. economic data."

" The market turmoil sparked by the downgrade of the USA's triple-A credit rating caused mutual fund investors to sell U.S. stock funds at a rate not seen since the financial crisis in October 2008"

Monday, August 15, 2011

QuantRec.com - World REPEATING Japan's 1997 MISTAKE: Former Fed Economist

World REPEATING Japan's 1997 MISTAKE: Former Fed Economist

Thursday, August 11, 2011

Sell in May. & go away! :)

"Recession signals in the world’s largest economy are flashing red again."

Foreclosure Filings in U.S. Plunge 35% to Four-Year Low, RealtyTrac Says

Foreclosure Filings in U.S. Plunge 35% to Four-Year Low, RealtyTrac Says

"U.S. foreclosure filings dropped 35 percent last month to the lowest level in almost four years as lenders and state and federal agencies increased efforts to keep delinquent borrowers in their homes, RealtyTrac Inc. said.
A total of 212,764 properties received default, auction or repossession notices, the fewest in 44 months, the Irvine, California-based data seller said today. Filings fell on a year-over-year basis for the 10th straight month, and were down 4 percent from June. One in 611 households got a notice.
“The downward trend in foreclosure activity has now taken on a life of its own,” RealtyTrac Chief Executive Officer James J. Saccacio said in a statement. “Unfortunately, the falloff in foreclosures is not based on a robust recovery in the housing market but on short-term interventions and delays that will extend the current housing market woes into 2012 and beyond.”

Wednesday, August 10, 2011

WHAT IS LLOYD'S WALL OF WORRY?

WHAT IS LLOYD'S WALL OF WORRY?
"Fear remains the overriding emotion in US and global markets, despite this morning's stock market jump.

In the US, investors are waiting to hear from the Fed regarding QE3 measures, while market watchers everywhere are most concerned about the situation in Europe.

Are stocks as cheap as they're going to be? No one can know. But at 28 blocks, "Lloyd's Wall of Worry" has reached a new record for the year. And since anxiety continues to run high, value investors should continue to look for deals."

Tuesday, August 9, 2011

Dear Goldman: Stop Cheating Your Customers, Everyone Else - Goldman Sachs Says AIG, Fannie, Freddie Threatening to Sue Over Mortgages

What Does the S&P Downgrade Mean, If France Is Rated Higher Than USA?

What Does the S&P Downgrade Mean, If France Is Rated Higher Than the U.S.

"The United States still has a higher per-capita GDP than most countries, including both the U.K. and France. Last year, the U.S. GDP grew 2.9 percent—almost double the U.K.’s 1.4 percent and France’s 1.5 percent. Between April and June of this year, the U.S. GDP grew 1.3 percent while the U.K. economy grew 0.2 percent. A June forecast from the Bank of France estimated that the country’s economy would grow 0.4 percent in the second quarter. (U.S. growth, granted, is still slower than it used to be.)"

Startling Sell-Off Doesn't Mean It's Time to Start Buying Stocks: UBS

“The burden of proof right now is on the economy to show that it is not moving back into recession,” he said, noting that the probability of recession has become “significantly higher” than it was three weeks ago “because of the equities sell-off.”

As he explained, “These things feed into each other. The repricing of equities that has just taken place will clearly impact business and consumer sentiment.”

QuantRec.com - Harrison from Minyanville -Testing Other Side: Lows 2009

Testing Other Side: Lows 2009

We're HIRING: Java Developer - NYC/Hong Kong

Candidates MEETING MOST OF the SPEC below will be contacted PROMPTLY.
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Java Developer - NYC/Hong Kong

Top Tier Financial Company

$$$ is open

Top Tier Financial company is aiming to hire an experienced Java developer, with at least 5 years of experience, but 10+ would be more suitable for Equites and Options HFT and AMM business. The developer will focus on server side Java development. This position will provide direct support to trading desk and be responsible for all technology used by trading desk. The development aspect of the role will focus on server side core Java operating on Linux. The troubleshooting and support aspect of the role will require person to be comfortable with Perl and Shell for monitoring environment, automation and other support and troubleshooting activities. As this development will have responsbility for all technology utilized by trading desk the role will also require person to support C# GUI as well as Database technology, though the role will focus more on Java and UNIX, Perl, Shell so background with GUI and SQL can be lighter.

Position will start in NYC office and transition to Hong Kong office Q1 of 2012.