Rates Algo Developer (Associate Level)

A leading global markets platform is looking to hire a Rates Algo Developer to join its electronic trading team. The group is responsible for building and running pricing and auto-hedging systems across liquid macro products, with a strong focus on Rates e-trading.

This is a front-office role working closely with traders and quants to develop and enhance algorithmic trading capabilities under real-time constraints.

Key Responsibilities

• Develop and enhance algorithmic pricing and hedging models for Rates products
• Build low-latency trading systems supporting electronic market making
• Work closely with traders to refine price construction and execution logic
• Monitor live trading performance and troubleshoot issues in real time
• Contribute to the continuous improvement of the electronic trading stack

Required Experience

• 2 to 5 years of experience only in a relevant front-office or electronic trading environment
• Strong proficiency in Java (core development language)
• Hands-on experience in electronic trading / e-trading environments, ideally within Rates
• Understanding of market microstructure and order-driven markets
• Strong problem-solving skills with an ownership mindset

Preferred Background

• Direct experience working on Rates products (government bonds, swaps, futures, etc.)
• Exposure to algorithmic pricing, execution, or auto-hedging systems
• Familiarity with low-latency system design and performance optimization
• Experience with kdb+/q and/or Python
• Solid grounding in statistics, mathematics, or quantitative methods

Additional Notes

• Strictly targeting junior profiles (max ~5 years of experience)
• Candidates must have hands-on exposure to e-trading
• This is a high-impact, front-office role with direct influence on trading performance