Executive Director, FICC eTrading Development

CIBC•New York, NY

17d•$200,000 - $290,000•Hybrid

About The Position

The Executive Director, FICC eTrading Development will be responsible for designing, developing, and maintaining high-performance electronic US Treasury/Rates trading systems. This role combines deep technical expertise in Java with a solid understanding of Fixed Income markets to deliver reliable, scalable, and low-latency solutions that support the bank’s trading and risk management objectives. The successful candidate will work closely with traders, business analysts, and technology teams to deliver innovative solutions that enhance trading capabilities, ensure regulatory compliance, and drive business growth. You will have the flexibility to manage your work activities within a hybrid work arrangement. Details on your work arrangement will be discussed at the time of your interview.

Requirements

Strong proficiency in Java, including multi-threading, collections, and concurrency.
Lead development streams of work and interact with global team members.
Own and be accountable for various streams of work from feature development, enhancements to production fix.
Inform and solicit feedback for design and architecture, incorporating resiliency and high availability and interface regularly with technology and business stakeholders.
Experience developing, maintaining, or supporting electronic foreign exchange (E-FI) trading platforms.
Familiarity with FIX protocol, MQ, JMS, or similar messaging solutions.
Experience with RESTful and/or SOAP web services.
Understanding of techniques for minimizing latency in trading applications.
Proficiency with Spring Boot, Spring MVC, and related technologies.
Strong SQL skills; experience with relational databases (e.g., Oracle, SQL Server, PostgreSQL) and/or NoSQL solutions.
Understanding of distributed computing concepts and technologies (e.g., microservices, caching, clustering).
Experience with JUnit, Mockito, or similar testing tools.
Familiarity with continuous integration and deployment tools (e.g., Jenkins, TeamCity, Git).
Demonstrate problem-solving and analytical abilities with excellent verbal and written communication skills, with the ability to collaborate effectively with traders, business analysts, and developers.
Adaptable to fast-paced, dynamic environments and shifting priorities.
Experienced in working within Agile/Scrum teams.
Solid understanding of Rates products, trading lifecycle, and market conventions.
Knowledge of order management, execution, and trade booking flows.
Familiarity with pre-trade and post-trade risk controls in electronic trading.

Responsibilities

Provide technical direction and mentorship to the development team, ensuring best practices in software design, coding standards, and architectural decisions.
Oversee and be very hands on for the end-to-end delivery of robust, scalable, and low-latency eTrading solutions, ensuring alignment with business objectives and regulatory requirements.
Work closely with traders, business analysts, product owners, and other technology teams to gather requirements, clarify objectives, and deliver fit-for-purpose solutions.
Drive a culture of code excellence through regular code reviews, automated testing, and continuous integration, ensuring maintainability and reliability.
Identify and implement opportunities to improve system performance, reliability, and scalability. Stay abreast of industry trends and emerging technologies.
Ensure all solutions comply with internal risk management policies, security standards, and regulatory requirements.
Lead the resolution of high-impact production issues, perform root cause analysis, and implement long-term fixes to prevent recurrence.
Contribute to project planning, estimation, and resource allocation to ensure timely and successful delivery of initiatives.
Collaborate closely with traders to understand business requirements, trading strategies, and operational needs.
Partner with product managers to prioritize features, align technology solutions with business goals, and deliver value to clients.
Work with business analysts to clarify requirements, assess feasibility, and translate business needs into technical specifications.
Coordinate with risk management and compliance teams to ensure all solutions adhere to internal policies and regulatory standards.
Engage with QA teams to develop and execute comprehensive testing strategies, ensuring system reliability and performance.
Collaborate with infrastructure and DevOps teams to optimize deployment pipelines, automate processes, and ensure system scalability and resilience.
Work with production support and operations teams to manage incident resolution, monitor system health, and implement improvements.
Partner with other technology groups (e.g., data, security, client connectivity) to deliver integrated, end-to-end solutions.