State Street Application Development Consultant in Cambridge, Massachusetts

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State Street is an Affirmative Action/ Equal Opportunity Employer/Vet/Disability.

Application Development Consultant (State Street Bank and Trust Company; Cambridge, Massachusetts): The Application Development Consultant is responsible for the architecture and design of State Street’s database systems. The position requires a combination of skills characterized by complexity across econometrics algorithms implementation into a distributed, very large data environment to facilitate financial research prototypes and products creation. Responsible for: the design and implementation of end to end data topology for a variety of large financial data models; support the Product Performance and Quality Assurance, Consistency and Compliance including the creation, back testing, documentation, and performance tracking of financial models; design, implement, performance tune, and perform real time process optimization for complex, large data mining and financial econometric algorithms; as a technical leader demonstrate an understanding of the impact of the problems across the organization and facilitate a collaborative solution; perform highly sophisticated and technical analysis to test concepts and/or theories for solving problems and/or making decision; provide support and training to new Business/IT team members to understand the Data Access Policy and their limitations; build and support model validation and Business Continuity and Disaster Recovery Plan; communicate and coordinate with multiple Corporation level teams including Architecture, Infrastructure, Compliance, and Disaster Recovery and follow/operate within specific Corporation policy and guidelines; work with Business teams to create or enhance Quantitative financial models using multiple Asset Classes; build, deploy, operate, and support financial models; create and review financial model documentation and procedures; and track performance and monitor compliance with controls around model usage.

Minimum requirements are: Bachelor’s degree in Computer Science, Computer Engineering, or a related technical field, plus 6 years of experience in the development of conceptual, logical, and physical data models.

Must have: ability to perform database and SQL tuning; experience with Oracle database; quantitative data analysis skills including the creation, back testing, documentation and performance tracking of financial models to support product performance, quality assurance, consistency, and compliance; extensive experience implementing financial algorithms in PL/SQL, DB internals, Very Large DB, and/or RAC Systems, Autosys, Spotfire from design to implementation including performance tuning and real time process optimization for complex, large data mining and econometrics algorithms; and demonstrated hands on leadership experience communicating and coordinating with multiple corporation level teams or departments. (Unless otherwise indicated, employer is seeking the ability in the skills listed above with no specific amount of years of experience required. All experience can be gained concurrently.)

Apply online at State Street Job ID: 164018.An EOE.

State Street Job ID: 164018

Location: Cambridge, MA

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Job Title: Application Development Consultant

Job ID: 164018

Full/Part Time: Full FTE

Regular/Temporary: Regular

Location: US-MA-Cambridge