US Treasury E Trading Development Lead Engineer (FICC)

CIBC • New York, NY

1d • $175,000 - $225,000 • Hybrid

About The Position

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com The FICC (Fixed Income, Currencies, and Commodities) eTrading Technology Team is dedicated to delivering innovative, high-performance technology solutions that enable efficient, secure, and scalable electronic trading across global fixed income, currency, and commodity markets. The team partners closely with trading, sales, and risk management functions to develop and support electronic trading platforms, pricing engines, and market connectivity solutions. By leveraging advanced technologies and deep market expertise, the FICC eTrading Technology Team drives business growth, enhances client experience, and ensures the bank remains at the forefront of electronic trading innovation. What You’ll Be Doing The E-FI Lead Java Developer 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.

Requirements

• Java (Core & Advanced including multi-threading, collections, and concurrency.
• FI Trading Systems: Experience developing, maintaining, or supporting electronic fixed-income (E-FI) trading platforms.
• Messaging Protocols: Familiarity with FIX protocol, MQ, JMS, or similar messaging solutions.
• API Development: Experience with RESTful and/or SOAP web services.
• Low Latency Programming: Understanding techniques for minimizing latency in trading applications.
• Spring Framework: Proficiency with Spring Boot, Spring MVC, and related technologies.
• Database Technologies: Strong SQL skills; experience with relational databases (e.g., Oracle, SQL Server, PostgreSQL) and/or NoSQL solutions.
• Distributed Systems: Understanding of distributed computing concepts and technologies (e.g., microservices, caching, clustering).
• Testing Frameworks: Experience with JUnit, Mockito, or similar testing tools.
• CI/CD: Familiarity with continuous integration and deployment tools (e.g., Jenkins, TeamCity, Git)
• Fixed Income Markets: Solid understanding of Rates products, trading lifecycle, and market conventions.
• Order Management: Knowledge of order routing, execution, and trade booking flows.
• Risk Management: Familiarity with pre-trade and post-trade risk controls in electronic trading
• You act like an owner. You thrive when you're empowered to take initiative, go above and beyond, and deliver results.
• You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.
• You put our clients first. You engage with purpose to find the right solutions. You go the extra mile because it's the right thing to do.
• You have the ability to collaborate with traders, business analysts, and other developers.
• You're motivated by collective success. You know that teamwork can transform a good idea into a great one. You know that an inclusive team that enjoys working together can bring a vision to life working in Agile/Scrum teams.

Responsibilities

• Technical Leadership: Provide technical direction and mentorship to the development team, ensuring best practices in software design, coding standards, and architectural decisions.
• Development Contribution: Hands-on development to contribute directly to the pipeline as well as iterating on POC and rapid development
• Solution Delivery: Oversee the end-to-end delivery of robust, scalable, and low latency eTrading solutions, ensuring alignment with business objectives and regulatory requirements.
• Stakeholder Collaboration: Work closely with traders, business analysts, product owners, and other technology teams to gather requirements, clarify objectives, and deliver fit-for-purpose solutions.
• Code Quality & Review: Drive a culture of code excellence through regular code reviews, automated testing, and continuous integration, ensuring maintainability and reliability.
• Innovation & Continuous Improvement: Identify and implement opportunities to improve system performance, reliability, and scalability. Stay abreast of industry trends and emerging technologies.
• Risk & Compliance: Ensure all solutions comply with internal risk management policies, security standards, and regulatory requirements.
• Incident Management & Support: Lead the resolution of high-impact production issues, perform root cause analysis, and implement long-term fixes to prevent recurrence.
• Project Planning: Contribute to project planning, estimation, and resource allocation to ensure timely and successful delivery of initiatives.

Benefits

• At CIBC, we offer a competitive total rewards package.
• This role has an expected salary range of $175,000 - $225,000 for the market based on experience, qualifications, and location of the position.
• The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component.
• CIBC offers a full range of benefits and programs to meet our employees’ needs, including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.
• banking benefits
• a benefits program
• a vacation offering
• wellbeing support
• MomentMakers, our social, points-based recognition program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed