Software Engineer - EQ Derivatives Pricing & Risk

Millennium • New York, NY

13d • $175,000 - $250,000

About The Position

The successful candidate will join a global team responsible for designing and developing Equities Volatility, Risk, PnL, and Market Data systems. You will work hands-on with other developers, QA, and production support, and will partner closely with Portfolio Managers, Middle Office, and Risk Managers. We are looking for a very strong senior engineer with deep knowledge of equity derivatives products and their pricing and risk characteristics.
You must be a highly capable hands-on developer with a solid understanding of front-to-back trading system workflows, especially pricing and risk. Excellent communication skills, strong ownership, and the ability to work effectively in a fast-paced, collaborative environment are essential. Experience in Unix/Linux environments is required; exposure to cloud and containerization technologies is a plus.

Requirements

• 10+ years of professional experience as a server-side software engineer.
• Deep understanding of equity derivatives products (options, volatility products, exotics) and their pricing and risk measures (e.g., Greeks, PnL attribution).
• Strong experience with concurrent, multi-threaded, and low-latency application architectures.
• Expertise in Object-Oriented design, design patterns, and best practices in unit and integration testing.
• Experience with distributed caching and replication technologies.
• Solid knowledge of Unix/Linux environments is required.
• Experience with Agile/Scrum development methodologies is required.
• B.S. in Computer Science, Mathematics, Physics, Financial Engineering, or related field.
• Demonstrates thoroughness, attention to detail, and strong ownership of deliverables.
• Effective team player with a strong willingness to collaborate and help others.
• Strong written and verbal communication skills; able to explain complex technical and quantitative topics to non-technical stakeholders.
• Proven ability to write clear, concise documentation.
• Fast learner with the ability to adapt to new technologies and business domains.
• Able to perform under pressure, work with ambitious team members, and handle changing priorities.

Nice To Haves

• Exposure to front-end/UI technologies (JavaScript, HTML5) is a plus.
• Experience with cloud platforms and containerization (e.g., Docker, Kubernetes) is a plus.

Responsibilities

• Design, build, and maintain real-time equity derivatives pricing and risk systems (including volatility and PnL components).
• Implement robust, scalable, and low-latency server-side components in a multi-threaded environment.
• Collaborate with portfolio managers, risk, and middle office to translate business requirements into technical solutions.
• Contribute to UI components as needed (and learn new UI technologies where required).
• Write clear technical documentation and maintain system design and support guides.
• Develop and execute automated tests using approved frameworks; ensure production quality and reliability.
• Provide level-3 support, troubleshooting, and performance tuning for production systems.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level