Senior Trading Desk Operations Engineer (OCaml Experience)
About The Position
The Senior Trading Desk Operations Engineer is responsible for understanding the trading desk's operational workflows, designing and maintaining technological infrastructure and automated solutions to improve these systems, and coordinating with internal and external parties to ensure accurate trade booking, monitoring, and resolution of operational issues. This role involves working closely with Traders, independently monitoring trading systems, maintaining complex spreadsheets and databases for real-time pricing, interpreting large datasets, developing new workflows for trading strategies, and building tools to enhance the firm's ability to trade financial instruments globally. The engineer will leverage deep knowledge of OCaml, Python, PostgreSQL, Bash, Unix, Excel, VBA, and internal development systems to improve technological infrastructure and collaborate with internal tech teams on larger projects. Additionally, the role focuses on improving operational efficiency by supporting various trades and orders, ensuring correct transaction booking and settlement, managing communications with internal and external groups, and proposing improvements to operational methodology. The position also includes training Junior TDOEs and participating in recruiting.
Requirements
- A 3 or 4 year Bachelor’s degree in Mathematics, Quantitative Finance, Computer Science or a closely related quantitative field or foreign equivalent.
- Two (2) years of experience as a Trading Desk Operations Specialist, Trading Desk Operations Engineer, or related position at a quantitative trading firm.
- 2 years of experience applying knowledge of trading desk activities including operational issues and booking and reporting of trades, monitoring trade settlement, locating stock loans, instructing creations and redemptions of ETF units, and reconciling positions between the firm and external parties.
- 2 years of experience developing software using OCaml, including utilizing algebraic data types and pattern matching; applying functional programming principles; implementing concurrent operations; understanding async and deferred; and utilizing RPCs for server/client communications.
- 2 years of experience collecting market information to pass through to Traders, and monitoring technology systems that facilitate trading of financial instruments across global markets.
- Series 7, Series 57, and Series SIE licenses required.
- All technical requirements for this role may be subject to employer conducted testing to assess minimum proficiency.
Responsibilities
- Work closely with Traders, using discretion to identify relevant market information.
- Independently monitor the proper functioning of proprietary trading systems.
- Maintain complex spreadsheets and databases that are crucial to real time pricing.
- Interpret and present large datasets.
- Develop new workflows in collaboration with trading desk heads for new trading strategies.
- Identify and build tools or processes that improve the firm’s ability to trade financial instruments across global markets.
- Leverage deep knowledge of OCaml, Python, PostgreSQL, Bash, Unix, Excel, VBA, and internal development systems to identify inefficiencies in and create quantitative tools to improve the firm’s technological infrastructure.
- Liaise with internal tech teams to ensure collaborative progress on larger technological projects.
- Monitor and actively improve the trading desk’s operational efficiency by supporting the facilitation of many different kinds of trades and orders.
- Own certain procedural workflows such as making sure transactions are booked correctly and settled.
- Manage communications with internal groups such as Operations, Post-trade, Compliance, Finance and Margin, P&L, Reconciliation, various tech teams, and other trading desks.
- Evaluate interactions with external groups such as Prime Brokers, Clearing Firms and trading counterparties with an eye towards identifying and rectifying operational inefficiencies.
- Propose general improvements to operational methodology.
- Train Junior TDOEs on the trading desk’s operational structure, technological infrastructure and culture.
- Participate in recruiting.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
