Lead Java Algo Developer - UST / FICC eTrading
New York
Permanent
USD250000 - USD285000
Quantitative Analytics Research and Trading
PR/577946_1770057511
Lead Java Algo Developer - UST / FICC eTrading
Lead Java Developer - UST / FICC eTrading (Low Latency Algo Systems)
Location: New York, NY
Overview
This role is a senior quant development and engineering position responsible for leading the end‑to‑end design and development of a next‑generation electronic trading platform for US Treasuries and broader FICC products. The Lead Java Developer will architect and build low‑latency market connectivity, pricing, and algorithmic trading components from the ground up, driving the technical direction of a new UST/FICC market‑making and eTrading capability.
The ideal candidate brings deep, hands‑on experience building ultra‑low‑latency Java trading systems-specifically in markets such as US Treasuries, Spot FX, STIR, or Swaps-and has a strong background in market‑making technologies, order management, and algorithmic execution. This is a high-impact leadership role working directly with traders, quantitative teams, and technology stakeholders to deliver a high‑performance platform for market making, auto‑quoting, pricing, and automated hedging.
Key Responsibilities
Platform & System Architecture
- Lead the design and build of a new low‑latency UST/FICC eTrading platform, including market‑data ingestion, pricing engines, execution gateways, and algo frameworks.
- Architect and implement high‑performance connectivity to exchanges, ECNs, and liquidity venues, including custom gateways and proprietary protocols where required.
- Define and drive system design focusing on ultra-low-latency, throughput, resiliency, and high availability.
Hands-On Engineering & Delivery
- Develop core components in Java, including market‑data handlers, pricing modules, order routing, and execution logic.
- Build new connectivity from day one to support high‑speed market data and order flow for UST market making and related FICC products.
- Own development of features supporting in‑house pricing, quoting, and hedging algorithms.
- Rapidly prototype, iterate, and productionize new capabilities in collaboration with front‑office stakeholders.
Leadership & Collaboration
- Provide technical leadership and mentorship to a small team of developers.
- Partner closely with traders, quants, product managers, and business analysts to understand trading workflows and translate them into scalable technical solutions.
- Coordinate with infrastructure, DevOps, QA, and support teams to ensure smooth delivery, deployment, and operational stability.
Operational Excellence
- Drive code quality, automated testing, and CI/CD best practices.
- Lead incident resolution for complex production issues, perform root cause analysis, and implement long-term fixes.
- Ensure all functionality adheres to regulatory, compliance, and internal risk-control standards.
Qualifications & Experience
Technical Skills
- Expert-level Java (core & advanced), including multi-threading, concurrency, memory management, performance tuning, and low‑latency techniques.
- Low-latency eTrading expertise across UST market making, Spot FX, STIR, Swaps, or other FICC electronic trading domains.
- Proven experience building order management, routing, execution, and market‑data processing systems.
- Strong knowledge of FIX, binary/streaming protocols, and messaging technologies (e.g., MQ, JMS).
- Hands-on experience with exchange/venue connectivity, market gateways, and real‑time feed handlers.
- Strong background in distributed systems, microservices, caching, clustering, and high‑availability architectures.
- Proficiency in Spring Boot, REST APIs, and modern Java frameworks.
- Solid experience with SQL and either relational or NoSQL databases.
- Familiarity with JUnit, Mockito, and strong CI/CD pipelines (Jenkins, TeamCity, Git, etc.).
Domain Knowledge
- Deep understanding of Fixed Income markets, especially USTs, Rates, or related FICC products.
- Knowledge of pricing models, quoting workflows, and algorithmic hedging concepts.
- Strong understanding of pre‑trade / post‑trade risk controls in electronic trading.
Soft Skills
- Strong analytical thinking and problem-solving abilities.
- Excellent communication skills, capable of interacting directly with traders and quants.
- Ability to thrive in a fast-paced, high-pressure trading environment.
- Experience working in Agile/Scrum teams and driving cross-functional initiatives.
What This Role Offers
- The opportunity to architect and build a complete UST/FICC eTrading platform from scratch.
- High visibility role directly supporting front-office trading strategies.
- A chance to lead technical decision-making and influence the future of the trading technology stack.
FAQs
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