Fixed Income Java Developer

W.R Rosato & Associates - Shrewsbury, NJ

Full-time - Mid Level

Shrewsbury, NJ

Professional, Scientific, and Technical Services

About the position

The Fixed Income Java Developer will play a crucial role in ensuring that the algorithmic trading systems for Fixed Income comply with MIFID II regulations and other relevant laws. This position requires a deep understanding of both the regulatory landscape and the technical requirements of algorithmic trading. The successful candidate will be responsible for documenting system requirements, ensuring that all development and maintenance releases are completed on time and within budget. This role will involve close collaboration with the Technology management and Fixed Income IT team to detail system design and drive development efforts. In addition to regulatory compliance, the developer will need to address various business requirements, including functional and non-functional aspects of the algorithmic trading system. The role will require building and maintaining effective working relationships with various stakeholders, including vendors, project managers, and product experts. The developer will also engage in business analysis, hands-on design and development, and production support, ensuring that user groups receive the necessary training and support during implementation. The candidate must demonstrate a strong understanding of internal and external rules, regulations, and procedures, ensuring compliance in all aspects of their work. This position is critical for the successful operation of the Fixed Income algorithmic trading desk, and the developer will be expected to contribute to the overall effectiveness and efficiency of trading operations.

Responsibilities

• Ensure successful system documentation according to agreed requirements, timescales, and budget for the algorithmic trading desk and support groups.
• Be responsible for development and maintenance releases for Fixed Income's algorithmic trading application.
• Interact closely with the Technology management and FI IT team, detailing the design and driving development.
• Build and maintain effective working relationships with vendors, project managers, infrastructure contacts, and other product silo experts.
• Perform a mix of business analysis, hands-on designing and developing, production support, and face off to several user groups.
• Liaise with other IT and user departments regarding user training, support handover, and implementation.

Requirements

• Strong experience in Java development, particularly in the context of financial services and algorithmic trading systems.
• In-depth knowledge of MIFID II regulations and their implications for trading operations.
• Experience with system documentation and project management methodologies.
• Ability to work collaboratively with cross-functional teams, including technology, business, and compliance stakeholders.
• Strong analytical and problem-solving skills, with a focus on delivering high-quality solutions.

Nice-to-haves

• Familiarity with Fixed Income products and trading strategies.
• Experience with algorithmic trading platforms and trading algorithms.
• Knowledge of additional programming languages or technologies relevant to trading systems.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health insurance and wellness programs.
• Opportunities for professional development and continued education.
• Flexible working hours and remote work options.