Lead Algo Developer - FICC & UST eTrading


New York
Permanent
total compensation of $350K-$450K
Financial Technology
PR/569634_1763671771
Lead Algo Developer - FICC & UST eTrading
Job Title: Lead Algo Developer - FICC & UST eTrading
Location: New York, NY
Level: VP or Executive Director
About the Role
An Investment Bank in NY is building out a U.S. Treasury (UST) and Fixed Income eTrading platform from the ground up. This is a unique opportunity to join as one of the first hire on the quant/technology side and play a pivotal role in designing and implementing an ultra-low latency trading system for their UST electronic trading business. You will work closely with senior leadership to create a best-in-class infrastructure for electronic trading.
Key Responsibilities
  • Design and develop low-latency trading systems for UST and FICC products.
  • Build core components including market data gateways, order management, routing, and connectivity.
  • Implement high-performance solutions for real-time pricing, hedging, and execution algorithms.
  • Collaborate with trading, quant, and technology teams to ensure seamless integration and scalability.
  • Drive the elimination of vendor dependencies by building in-house solutions for market connectivity and algo execution.
  • Contribute to architectural decisions and long-term strategy for the eTrading platform.
Required Skills & Experience
  • Hands-on development experience in Java (preferred) or similar languages for low-latency trading systems.
  • Strong understanding of electronic trading workflows, including market data processing and order routing.
  • Experience with UST eTrading or related domains (FICC, FX, STIR, Swaps).
  • Deep knowledge of networking, performance tuning, and high-throughput systems.
  • Ability to work in a fast-paced, greenfield environment and deliver under tight timelines.
Preferred Qualifications
  • Prior experience at major investment banks or trading firms building in-house algo platforms.
  • Exposure to quantitative development and algorithmic trading strategies.
  • Familiarity with market microstructure and tick-level data processing.
Why This Role Is Exciting
  • Greenfield build: Shape the foundation of a new eTrading platform.
  • High impact: Direct involvement in strategic decisions and technology roadmap.
  • Career growth: Opportunity to expand into quant research and strategy development as the team scales.
  • Collaborative culture: Work closely with senior leadership and cross-functional teams.

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