looking for a developer with around 7 years of experience for a large investment company in NYC . The person needs to have Real Time pricing experience because the group works on applications that are time sensitive and the developer needs to pay attention to latency, speed, etc. Need to be meticulous with code. 100% Java...any exposure to C, C++ is nice.
Oracle on the backend.
They need to know the financial products: Bonds and swaps (how to price a swap).
RACE Developer Requirements1.1 Overview
The PIONEER group is responsible for delivering a reliable, extensible, high-performance and cross-product real-time trading platform that addresses Execution, Straight-Through Processing, Intelligent Pricing, Auto Quoting, Risk Management and Internal Markets.
The PIONEER RACE Team provides a real-time analytical calculation engine framework and develops varieties of real-time pricing and risk models to meet business requirements in electronic market making and strategy trading. The team also develops intelligent strategy execution algorithms.
· Develop common frameworks and core services to facilitate real-time pricing/risk model development and promote standardization and re-use of analytical calculation modules.
· Intelligent pricing models for liquid rates products, particularly in government and agency bonds. These models strive for full automation in programmatically generating tradable prices to meet electronic market making business demands.
· The team will potentially develop models for other product areas in the near future.
· Create innovative trading strategy and execution algorithms.
· Relative value analysis and time series statistical analysis.
1.2 Work Description
· Develop and enhance Real-time Analytical Calculation Engine (RACE) framework and related services.
· Responsible for supporting liquid rates business. Work includes developing and enhancing rates pricing and risk models, trading strategies and execution algorithms, and real-time relative value analyses.
· Maintain common analytical library and develop analytic calculation modules and services that other PIONEER teams need and promote a common analytical library across PIONEER.
· Follow release and production change procedures and work with other teams to deliver and maintain reliable and functional front-office pricing and trading applications.
· Communicate with traders directly to clarify requirements or address issues.
· Participate in rotational production support activities.
· Identify, analyze, communicate and resolve application, infrastructure and environmental issues and problems.
1.3 Experience and Skill Sets
1.3.1 Required Skills
· Two-plus years of hands-on core Java developer experience.
· Solid analytical skills and strong financial model background.
· Knowledge and experience of Fixed Income market and electronic trading (Treasuries, Swaps, Futures, etc.).
· Strong verbal and written communication skills.
· Ability to cope with rapid front-office development and to respond to and address production situations promptly.
· Ability to communicate and act professionally with IT staff and business clients while under strict deadlines.
· Ability to work in a team-oriented setting is a definite requirement.
1.3.2 Desired Skills
· Advanced degree in financial engineering, math, physical sciences or engineering is a huge plus.
· C/C++ experience is a plus.
1.3.3 Programming
· JDK 1.4, JDK 1.5 (a huge plus), strong in multi-threading programming, messaging middleware (publish/subscribe, JMS, Tibco RV, Sonic, etc), Database Modeling, XML.
1.3.4 Tools
· Perl and Shell Scripting, UNIX (Solaris and Red Hat Linux), Windows, Oracle SQL, Perforce, Ant, Maven, IDE (IntelliJ IDEA, Eclipse).
