At a Glance
- Tasks: Join a dynamic team to develop cutting-edge pricing solutions for Rates and FX products.
- Company: Delta Capita, a global leader in financial services and technology innovation.
- Benefits: Competitive daily rate, hybrid working model, and opportunities for professional growth.
- Other info: Ongoing selection process; apply soon to join our collaborative culture.
- Why this job: Make an impact in a fast-paced trading environment with innovative technology.
- Qualifications: Strong Java development skills and experience in Rates or FX pricing systems.
Location: London, Hybrid
Role Type: 12 Month Contract
Rate: £800 - £900 per day
Delta Capita is seeking a highly skilled Senior Rates Developer to join our Global Markets Technology practice. This role sits within a specialist team responsible for delivering pricing, eTrading and eRisk capabilities across Rates and FX products. The team develops low‑latency, highly available pricing components that support:
- Rates pricing across forwards, futures, swaps and bond products
- FX forward and broker pricing
- Algorithmic and electronic execution workflows
- Pricing control tools and configuration frameworks used by traders and quants
- On‑demand quoting and curve management for eCommerce channels
- Integration of new quantitative models and external market data feeds
This is a hands‑on engineering role within a fast‑paced, high‑performance trading technology environment.
Key Responsibilities
- Work directly with eRisk quants and Rates/FX traders to gather requirements and refine technical solutions.
- Contribute to the enhancement of rates pricing, FX forward pricing and STP workflows across derivatives and cash products.
- Develop pricing control features (price tiering, interpolation, curve adjustments, sanity checks, off‑market controls, derived crossing, etc.).
- Enhance e‑pricing infrastructure to support on‑demand quoting and curve management across eCommerce channels.
- Integrate quantitative models and new market data feeds into the pricing platform.
- Produce detailed technical designs aligned to solution architecture.
- Implement high‑quality Java server‑side components, applying industry‑standard development patterns.
- Build simulation and back‑testing environments; investigate regression issues where required.
- Conduct automated unit, integration, and performance testing prior to UAT.
- Deploy components into development, test and pre‑production environments.
- Work with external technical teams when required.
- Ensure removal of open‑source or cyber vulnerabilities, contributing to strong risk and control governance.
- Participate in intraday or overnight support rota when required.
Required Technical Skills
- Strong server‑side Java development experience, including multithreading.
- Experience building global, distributed systems in a real‑time trading environment (24x5.5).
- Proven experience developing Rates or FX pricing systems for electronic trading or eCommerce.
- Knowledge of kdb+/q.
- Python experience is advantageous.
- Experience with low‑latency tuning, concurrent programming and distributed design patterns.
- Experience with testing frameworks, CI/CD and automated deployments.
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
This is a contract role located in London. As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is selected, a member of our team will contact you within 4 weeks. For this role, a valid working permit for the UK is mandatory.
Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office aligns to what our clients' policies and expectations are. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require.
Who We Are: Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.
Our 3 offerings are:
- Managed Services
- Consulting & Solutions
- Technology
To know more about Delta Capita and our culture click here: Working at DC - Delta Capita.
Senior Rates Developer - Java in City of London employer: Delta Capita
Delta Capita is an excellent employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals seeking to make a meaningful impact in the financial services sector. With a focus on employee growth and development, the company offers numerous opportunities for career advancement while promoting a healthy work-life balance through its hybrid working model in the vibrant city of London. Join us to be part of a dynamic team that values your contributions and supports your professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Rates Developer - Java in City of London
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We think you need these skills to ace Senior Rates Developer - Java in City of London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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How to prepare for a job interview at Delta Capita
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Delta Capita.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Delta Capita employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
