Software Engineer - OTC Derivatives

Software Engineer - OTC Derivatives

Contract Type:

Contractor

Location:

Jersey City - New Jersey

Industry:

Technology

Reference Number:

CR/505969

Salary:

$75 - $80 Hourly

Contact Name:

Tandym

Contact Email:

gunjan.kumar@tandymgroup.com

Contact Phone:


Date Published:

05-Jun-2025

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.

APPLY NOW

Share this job

Interested in this job?
Save Job
Create As Alert

Similar Jobs

SCHEMA MARKUP ( This text will only show on the editor. )