Software Engineer / Front Office Developer

Software Engineer Opportunity at APG

Do you want to take your career to the next level at a global asset manager? Do you want to help shape the financial sector of tomorrow with your engineering skills and investment knowledge? Are you cooperative and prepared to roll up your sleeves? Are you thorough and detailed in your work, and not looking to cut corners? Then we are looking for you! 🌟

Job description

In the role of Software Engineer, you will contribute to the Multi Asset products and services by developing, implementing, and maintaining in-house built applications and tools. In that capacity, you will cooperate with portfolio managers, traders, and researchers, most specifically with those involved with quantitative R&D. The level of knowledge of quantitative techniques across the department is high, and there is a strong ambition to continuously improve on these from a return, risk, and operational efficiency perspective.

Examples of in-house built models that we employ are:

• Interest rate derivative pricing and exposure management
• Optimization of cash and collateral balances
• Relative value modeling for interest rate curves
• Multi-factor model for running a tactical FX strategy
• Simulation-based model for measurement of counterparty credit risk
• Risk management modules for steering the currency and interest rate overlays
• Systematic strategy for limiting market impact of executing equity-baskets

Primary Responsibilities

• Contribute to the development and realization of the digitalization vision within Multi Asset.
• Contribute to the process of translating models/research into production-ready code/user-tooling, in line with design principles, policies, and control frameworks.
• Close interaction with quants, quant traders, and quant portfolio managers on current and forthcoming research and development activities, including the planning of the required software implementation.
• Structuring the Multi Asset IT & digi landscape by:

1.) Identifying and realizing infrastructural components, frameworks, and new technology;

2.) Data management (including sourcing/gathering, storage, and delivery to end users);

3.) Coordinating the development cycle and release process;

4.) Streamlining architecture of in-house developed software.

• Documentation of software development and setting of documentation standards.
• Provide guidance to PMs/traders with respect to best practices for a broad range of IT infrastructure, data, and digitalization-related topics.
• Stimulate cross-functional cooperation, in particular connectivity of tooling/applications and fully automated cross-functional data sharing.

Profile

For the Multi Asset teams, we are looking for a hands-on team player to strengthen the team. The candidate has:

• An academic degree in software engineering, computer science, or equivalent qualification.
• At least 3 to 7 years of relevant working experience, preferably in the investment industry.
• Highly experienced in Python, R, and C++ (both in PC-based and server-based/Linux environments).
• Experience with various database management systems (including add-ons).
• Working knowledge of API usage/development and protocols.
• Comfortable working with (integration of) streaming (timeseries) data.
• Hands-on expertise in design and implementation of event-driven architecture and systems.
• Basic understanding of front-end development frameworks.
• Significant experience with best practices (Azure DevOps/git, testing, CI/CD, and documentation).
• A curious, multidimensional, creative, proactive, open-minded, independent, pragmatic, and digital mindset.
• A focus on (investment) excellence and cost-effectiveness.
• Excellent command of the English language (both verbally and in writing), while command of the Dutch language is viewed favorably.

About APG

APG manages over €500 billion in pension assets for pension funds. APG provides the pension for one in five families in the Netherlands. APG plays a leading role in the pension sector and focuses strongly on the transition towards sustainable investing.

The Multi-asset domain houses the following activities of APG Asset Management:

1. Asset Allocation & Overlay

This team focuses on managing the investment portfolio from a top-down perspective. Examples of key activities are monitoring and analyzing market and economic developments that may impact total portfolio return and risk, steering and rebalancing the asset mix in line with client-specific policies, and overseeing client-specific overlay activities, in particular with respect to hedging interest rate and currency risk.

1. Treasury & Trading

Implementation of all investment decisions across equities, fixed income, money markets, currencies, and a broad variety of listed and OTC derivatives is the responsibility of this team. The team’s expertise is to implement large exposures effectively and discretely, thereby avoiding impact on market prices. A highly varied technical infrastructure is applied to access markets and liquidity; in many cases, systematic trading strategies are applied. A large part of the trading activities also requires active management of counterparty credit and liquidity risks, and the team is responsible for managing those risks in line with frameworks that are agreed with the pension fund clients.

What APG has to offer

We offer you a competitive monthly salary based on 40-hours and attractive terms of employment with a focus on flexibility. Furthermore, we offer:

• Ample attention to your vitality and personal development
• Ability to grow your professional network, internally as well as externally
• Hybrid working: at home and in our Amsterdam office
• And of course, a well-organized pension.

More information?

Klaas Reedijk (head of Asset Allocation & Overlay) and Ruben Winnink (head of Trading) can tell you all about this great job, feel free to contact them at klaas.reedijk@apg-am.nl and ruben.winnink@apg-am.nl.