Senior Software Engineer
Lloyds Banking Group1 day ago
Hyderābād, IndiaSenior / Staff+
Responsibilities
- Lead the design, optimization, and ongoing evolution of the Market Risk calculation and reporting platform.
- Architect and optimize cloud-native risk data platforms producing timely, accurate, and resilient risk measures across billions of records and multiple asset classes.
- Support Historical Simulation VaR, Stressed VaR, intraday risk, and regulatory reporting requirements.
- Lead risk engine simplification, cloud migration, performance improvement, data platform optimization, and operational resilience initiatives.
- Execute complex risk model migrations using granular ISIN-driven approaches and proxy methodologies for incomplete market data.
- Deliver regulatory and benchmark transitions, including IBOR/RFR changes and FDSF requirements, without disrupting production SLAs.
- Integrate front-to-back trading, valuation, and risk platforms including Murex and Summit.
- Translate quantitative and regulatory requirements into technical specifications and automated integrity tools for robust release testing.
- Provide technical leadership to agile delivery teams, manage complex dependencies, and drive successful execution of strategic risk programs.
Requirements
- 9-14 years of experience in software engineering, market risk technology, or related technical delivery roles.
- Extensive experience analyzing, designing, and optimizing large-scale Historical Simulation VaR and Stressed VaR engines.
- Deep knowledge of risk sensitivities, standalone versus contributory VaR reporting, and intraday VaR calculation methodologies.
- Proven experience delivering complex risk model migrations, including granular ISIN-driven proxy methodologies for incomplete market data.
- Direct experience with IBOR/RFR transitions and mandated regulatory changes such as FDSF.
- Deep SQL Server and Azure SQL Hyperscale expertise, including performance tuning, execution plan analysis, partitioning, clustered column store optimization, ETL architecture, and large-scale analytical processing.
- Technical familiarity with Murex and Summit, including STP pipeline configuration, MUST functionality, cross-entity ledger migrations, and front-to-back valuation and risk reconciliations.
- Ability to work across Quantitative Analytics, Market Risk, Trading, and core IT teams and translate mathematical requirements into production solutions.
- Experience providing technical leadership, guiding agile delivery teams, managing dependencies, and supporting business-critical releases.
Benefits
- Hybrid working arrangement in Hyderabad.
- Flexible working options are supported.
About Lloyds Banking Group
Lloyds Banking Group is a UK-focused retail, commercial, and insurance banking group that provides current accounts, savings, mortgages, loans, credit cards, business banking, wealth, and pensions (via Scottish Widows). It earns revenue from interest margins and fees across digital and branch channels. Formed in 2009 and headquartered in London, it operates well-known brands including Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows, and is listed on the London Stock Exchange.