DESCRIPTION:
Duties: Design, develop, and optimize software for real-time market-making and pricing of U.S. Treasury instruments on a Linux platform, with deep emphasis on yield curve analytics and automated spread calculations across benchmark points. Implement algorithmic hedging strategies driven by real-time curve exposure and DV01-based analytics, along with sophisticated circuit breakers for D2C e-trading platforms to ensure stable operations. Integrate FIX protocol specifications to facilitate order routing on major Treasury venues (Tradeweb, Bloomberg, and BrokerTec), applying market microstructure expertise to optimize RFQ workflows and internal liquidity routing. Performance profiling to maintain strict system SLAs, as well as collaboration with risk and compliance teams to conduct regulatory and operational stress tests on order management systems. Analyze desk requirements to maintain robust venue connectivity and price distribution architecture, while mentoring junior developers in Treasury electronic trading systems.
QUALIFICATIONS:
Minimum education and experience required: Bachelor's degree in Computer Science, Computer Engineering, Computer Information Systems, or related field of study plus 4 years of experience in the job offered or as Software Engineer or related occupation.
Skills Required: This position requires experience with the following: Developing high-performance trading systems on Linux platform; Working with TCP/IP protocols for low-latency market data processing and order execution in HFT environments; Implementing lock-free programming techniques and memory management for low-latency systems; Designing pricing algorithms for fixed income RFQ markets; Implementing position-driven hedging algorithms utilizing real-time curve exposure monitoring and DV01 analytics; Integrating FIX protocol for D2C venues including Tradeweb, Bloomberg and BrokerTec; Optimizing RFQ workflows and implement smart routing logic for internal liquidity sources; Profiling and optimizing system latency using JMH and async-profiler; Developing Shell Scripts for automation and system management; Working with Linux tools and utilities; Working with Git and Jenkins for production trading systems; Implementing circuit breakers and real-time monitoring frameworks for trading infrastructure; Designing order management systems with focus on venue connectivity and regulatory compliance; Developing stress testing frameworks for trading strategies; Utilizing behavior-driven development frameworks such as Cucumber to validate electronic trading functionality and system resilience under diverse market conditions; Creating price distribution systems incorporating market microstructure requirements; and Implementing multi-threaded optimization techniques for real-time quote generation.
Job Location: 383 Madison Avenue, New York, NY 10017.
Full-Time. Salary: $171,100 - $215,000 per year.