Job description
Job Title: Java Quantitative Developer – E-Trading Team
Location: New York, NY
Experience Level: 2-5 Years
Job Description
We are seeking a highly motivated and skilled Java Quantitative Developer to join our dynamic E-Trading team in New York. The ideal candidate will have 2-5 years of experience in quantitative development, with a strong focus on Java programming and a proven track record of working on an E-Trading desk. You will play a key role in designing, developing, and optimizing algorithmic trading strategies, as well as enhancing pricing and hedging models to support our electronic trading operations.
This is an exciting opportunity to work in a fast-paced, collaborative environment where you will contribute to cutting-edge technology solutions that drive our trading business forward.
Key Responsibilities
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Back-Testing & Simulation: Develop and maintain robust back-testing frameworks to evaluate the performance of algorithmic trading strategies.
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Model Calibration: Implement and refine calibration techniques for pricing and risk models to ensure accuracy and efficiency.
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Algorithmic Strategy Development: Design, build, and optimize algorithmic trading strategies to improve execution and profitability.
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Pricing & Hedging Improvements: Enhance existing pricing and hedging models to support real-time trading decisions.
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Collaboration: Work closely with traders, quants, and other developers to understand business requirements and deliver high-quality solutions.
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Performance Optimization: Identify and resolve performance bottlenecks in trading systems to ensure low-latency execution.
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Code Quality & Maintenance: Write clean, maintainable, and well-documented code while adhering to best practices in software development.
Required Qualifications
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2-5 years of professional experience in quantitative development, preferably within an electronic trading environment.
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Strong expertise in Java development, with a deep understanding of object-oriented programming, multithreading, and performance optimization.
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Proven experience working on an E-Trading desk, with a solid understanding of electronic trading systems and workflows.
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Hands-on experience with back-testing frameworks, model calibration, and algorithmic strategy development.
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Familiarity with financial instruments, pricing models, and risk management concepts.
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Strong analytical and problem-solving skills, with the ability to translate complex business requirements into technical solutions.
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Excellent communication skills and the ability to work effectively in a collaborative team environment.
Preferred Qualifications
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Experience with low-latency, high-frequency trading systems.
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Knowledge of Python, C++, or other programming languages commonly used in quantitative finance.
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Familiarity with market data feeds, order execution protocols (e.g., FIX), and trading platforms.
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Understanding of machine learning techniques and their application in trading strategies.
What We Offer
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Competitive compensation package, including performance-based bonuses.
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Opportunity to work on cutting-edge technology in a fast-paced, innovative environment.
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Collaborative and inclusive culture that values diversity and professional growth.
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Access to industry-leading tools, resources, and training programs.
If you are passionate about quantitative finance, have a strong technical background, and thrive in a challenging and rewarding environment, we encourage you to apply and join our team in shaping the future of electronic trading.