Associate, Application Development, Index Calculation
Company Overview
Markit was founded in 2001 as the first independent source of credit derivative pricing and has recently been announced as the fastest growing private company in the UK. Today, our data, valuations and trade processing services are regarded as the market standard in the global financial markets, helping our clients to reduce risk, improve operational efficiency, and meet regulatory requirements.
As a private company with privileged relationships with 16 shareholder banks, Markit has unparalleled access to a valuable dataset spanning credit, equities and the broader OTC derivative universe. Our unique relationships with the bank shareholders give us the opportunity to work closely with these leading market makers to develop innovative solutions for the marketplace.
With over 1,300 institutions using our independent services as clients - including investment banks, hedge funds, asset managers, central banks, regulators, rating agencies and insurance companies - we provide round-the-clock support from our offices in London, New York, Chicago, Toronto, Amsterdam, Brussels, Luxembourg, Tokyo, Singapore and Sydney.
Role Summary
Markit is seeking a Software Engineer for its Frankfurt office to provide internal solutions for index administration processes. He/she is involved in developing high performance/available web based applications, libraries and interfaces which support our index admin team and production team in their daily tasks of analyzing and calculating our indices.
This position will be responsible for understanding needs of the different teams as well as building, supporting and upgrading custom solutions. In this role, attention to detail and the ability to understand and follow financial calculations is imperative.
Over 50% of our core products are currently being rewritten from T-SQL model into C# .NET.
Duties and Accountabilities
- Understand standard software development lifecycle processes and applies our methodology effectively on client engagements
- Apply knowledge of industry trends and developments to improve service for our clients
- Independently design, code, and test major features/solutions, as well as work jointly with other team members to deliver complex changes.
- Comprehension of business specifications and meet deadlines
- Understand basic relational database concepts
- Confidently write the four basic SQL-statements
Business Competencies
- Bachelors degree in Computer Science or Engineering
- Experience with T-SQL and Excel
- Experience with .NET in a client/server or n-tier application(s)
- Experience with MS SQL-Server
- ASP.NET, VB/C#.NET, ADO.NET experience preferred
- Fluent in both written and spoken German
- English is fluent enough for business
- Understanding and experience of financial services industry advantageous.
- Ability to understand business objectives, and focus and prioritize multiple projects accordingly
Personal Competencies
- Candidate needs to be:
- enthusiastic, energetic, detail-oriented, and a team player
- able to work competently on his/her own or within a team, taking a project through complete lifecycle
- flexible and be prepared to work late if the business requires
- proactive and hardworking
- The candidate must have good communication skills with clients and team members
- The role involves interfacing with numerous departments and teams and therefore good team work is essential.
The Contact
Interested applicants should send their CV and a covering letter to careers.europe@markit.com citing "Associate, Application Development, Index Calculation, Frankfurt" in the subject line.
