Software Engineer - OTC Derivatives

Our Banking client is seeking a Software Engineer OTC Derivatives to join its Software Development team. This role supports a range of mission-critical systems related to risk management, P&L attribution, trade analysis, reconciliation, and product control. The ideal candidate will have a strong technical foundation, experience working with both legacy and modern technologies, and the ability to work closely with business users to deliver scalable and effective software solutions.

Responsibilities

• Design, develop, and maintain software solutions supporting Capital Markets business functions.


• Collaborate with business analysts and users to gather requirements and translate them into technical specifications.


• Participate in architectural decisions, ensuring scalable and robust system design.


• Contribute to mission-critical development projects, providing expertise in development environments and tools.


• Collaborate with the broader development team to ensure alignment with enterprise architecture and standards.


• Diagnose, troubleshoot, and resolve system issues, ensuring operational stability and performance.

Qualifications

• Bachelor's or Master's degree in Computer Science or related field from a top-tier program (or equivalent experience).


• Business-aligned engineers who understand financial concepts, especially:


• OTC and credit derivatives


• Risk calculation and downstream processes (e.g., payments)


• Profit/loss explanation (why money is made or lost)


• Start with production support/bug fixes


• Transition into development and BAU work


• Work in a live trading environment - must be adaptable and proactive


• 10+ years of professional experience in software development and systems implementation.


• Proficiency in Python and .NET/C#; C/C++ experience is a plus.


• Solid understanding of relational databases and SQL; NoSQL experience is a plus.


• Strong analytical and problem-solving skills.


• Proven ability to design enterprise-level applications across a multi-technology environment.


• Excellent communication skills and a collaborative, team-oriented approach.

Desired Skills

• Experience with Fixed Income products and Capital Markets is highly advantageous.


• Familiarity with Microsoft Office integration, particularly Excel and COM automation.


• Exposure to mathematical modeling or concepts such as statistics, probability, linear algebra, or calculus.


• Front-end development experience, including web technologies, is a plus.


• Ability to work effectively in a fast-paced, dynamic trading environment with a "whatever-it-takes" mindset.