Nasdaq Calypso ERS Module Engineer; Enterprise Risk Service

Nasdaq Calypso ERS Module Engineer (Enterprise Risk Service)

Location:

Johnston, RI (Hybrid). 12+ month contract.

Job Code: JPC - 20351

We are seeking a highly experienced Nasdaq Calypso ERS (Enterprise Risk Service) Engineer to support a critical transformation initiative involving data migration, report migration, and new risk report development.

This role focuses on leveraging Calypso’s ERS module to design and deliver scalable, cross-asset risk analytics covering Value-at-Risk (VaR), stress testing, and exposure monitoring across treasury and capital markets functions.

Core Calypso Expertise

• Strong hands-on experience with Nasdaq Calypso platform.

Deep knowledge of:

• Risk configuration and calculation frameworks
• Trade lifecycle and valuation concepts
• Strong understanding of capital markets and treasury products, including:
• Fixed income, derivatives, FX, and commodities
• Credit risk and exposure calculations
• Regulatory reporting requirements

Technical

Skills:

• Strong experience in data migration and data validation.
• Experience with reporting tools and frameworks within Calypso.
• Knowledge of scripting/programming (Java, Python, or Shell).

Desired/Preferred

Skills:

• Experience with ERS Limits module configuration and compliance catalogs.
• Exposure to XVA and advanced risk methodologies.
• Knowledge of distributed computing/high-performance risk engines.
• Familiarity with AI/ML-driven risk acceleration techniques.
• Experience with cloud platforms (Azure/AWS).
• Understanding of data warehousing and ETL pipelines.
• Experience with reporting tools (BI tools, dashboards).

• Configure, implement, and support Nasdaq Calypso ERS.
• Manage intraday and end-of-day risk calculations, including sensitivity analysis and optimization of performance using ERS frameworks.

• Lead data migration activities from legacy systems into Calypso ERS.
• Validate and reconcile migrated data to ensure accuracy and completeness.
• Collaborate with data teams to design data models and mapping strategies.
• Ensure historical data integrity for risk calculations and reporting.

• Migrate existing risk and regulatory reports into Calypso ERS.
• Design and develop new custom risk reports and dashboards.
• Ensure reports align with regulatory standards and business requirements.
• Work with business users to refine reporting logic and visualization.
• Implement real-time monitoring of risk exposures, limits, and compliance checks.
• Configure ERS Limits module, including counter party exposure limits, support pre-deal checks, credit exposure calculations, and scenario simulations.
• Integrate ERS with upstream/downstream systems such as trading platforms and treasury systems, supporting scalable architecture for real-time and batch risk processing.
• Contribute to enhancing system capabilities using advanced computation techniques.

• Distributed computing.
• Integration with advanced analytics engines.
• Contribute to adoption of AI/ML-based accelerators (Chebyshev Tensor-based methods) where applicable.

Pay Range for CA, CO, IL, NJ, NY, WA, and DC: $75/hour to $135/hour. Starting rate of pay offered may vary based on factors including but not limited to position offered, location, education, training and/or experience.

Solugenix will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act and Ordinance. Applicants do not need to disclose their criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if we are concerned about conviction that is directly related to the job, applicants will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report.