Market Data System Developer
Market Data System Developer

Market Data System Developer

Full-Time 60000 - 80000 £ / year (est.) No home office possible
ESP Engineered

At a Glance

  • Tasks: Develop and manage applications for market data services, ensuring timely delivery and support.
  • Company: Join a leading investment banking firm in London with a dynamic tech team.
  • Benefits: Competitive salary, hands-on experience, and opportunities for professional growth.
  • Other info: Collaborative environment with excellent career advancement opportunities.
  • Why this job: Make an impact in the finance world by working with cutting-edge market data technologies.
  • Qualifications: Degree in a relevant field and strong technical skills in data management.

The predicted salary is between 60000 - 80000 £ per year.

Department: Information Systems Department

Location: UK London onsite

Contact: 6 to 1Yr. (Can be extended)

Primary Responsibilities

The role involves the development and management of the applications/services for which the MDS team has responsibility. At its core, Alveo Prime is used to capture, cleanse, and publish the market data needed by the company according to SLAs in time zones in Europe and Asia. The Redwood Cronacle scheduler is employed to orchestrate the daily MDS operations ensuring dependencies are met. Middleware services are provided to connect the MDS to upstream and downstream systems. The role will involve hands‑on involvement in all of the above-mentioned systems and processes.

The job holder is expected to have a broad knowledge of the various financial asset classes held by the company and to understand the data requirements for valuing them. The job holder will work closely with the Head of the MDS platform in the following key areas:

  • Engagement with the nearshore support team to ensure they are capable of Level 1 & 2 support for the MDS (Alveo Prime + Cronacle) and that they are assisted in building a knowledge base and can handle small change items.
  • Be able to quickly diagnose issues reported at L3 and communicate effectively with business and technical groups impacted.
  • Liaison with data vendors (e.g. Bloomberg) in the event of disruption to the delivery of market data.
  • Meeting production SLAs to upstream/downstream systems.
  • Interacting with Middleware to resolve ESB file delivery issues.
  • Provide support for IPV processes and other Product Control tasks.
  • Be the technical point of contact for Windows/Unix/Database support teams for management of production and DR environments.

Ongoing Development for the MDS platform

Liaise with other ISD teams and business areas that require new functionality and products in the MDS. New requirements should be documented and mapped to an implementation plan. Drive the research and development of new services that the MDS can deliver to business areas. For example, providing reporting based on historical analysis of data and enhanced screens for user interaction. Coordination of all aspects of the development cycle including version control, testing, release management, and delivery scheduling. Management of development and testing environments. Work with other developers to co‑ordinate project work.

The job holder will also work on tasks as directed by their line manager.

Overall Statement of Responsibility

All employees of the Company at whatever level of seniority have responsibility on a day‑to‑day basis for ensuring that there are clear and appropriate reporting lines between them and others for whom they are responsible and that any delegation of duties is to suitable persons, subject to appropriate supervision and monitoring.

Experience

  • Part of a technical team.
  • Working with users, senior management, and stakeholders across multiple disciplines in a pressured environment.
  • A strong knowledge of data requirements for various asset classes including bonds, futures, swaps, and F/X.
  • At least a basic knowledge of Investment Banking services and business processes.
  • Understanding of all stages of the project lifecycle including preparation for application release.
  • Delivering data management solutions as part of a large and complex change program.

Technical Knowledge/Skills

  • In-depth understanding of the Alveo Prime platform capturing, cleansing, and publishing market data configuration of the data model mastering data across multiple sources and snap times troubleshooting data flows including Formula Engine code.
  • Excellent knowledge/skills with a scheduler product (e.g. Cronacle or Control M).
  • Market Data Providers (BBG/Refinitiv) and their products (e.g. Data License).
  • Competent knowledge with proven implementation experience of:
  • Source control management, preferably using Git/Bitbucket.
  • Unit and Integration testing skills, including preparing test scripts and execution.
  • Good knowledge with applied experience of Agile design and practices.
  • Unix, MS Excel including VBA, Oracle and/or Sybase, React/Angular, R/Python, XML/XSLT/XSD/XPath.
  • Qualifications

    • University Degree or equivalent experience.
    • Microsoft certifications relevant to the project.
    • Excellent communication skills in all forms to all audiences, and the ability to promote change.
    • Excellent technical analysis and investigatory skills.
    • Excellent organizational and planning skills, with a proven track record of delivery.
    • Keen interest in the business, and service-focused.
    • Analytical, logical, and practical.
    • Ability to understand and challenge the detail.
    • Keep up‑to‑date with technologies of relevance to the investment banking industry.
    • Thrive in a pressured and demanding environment.

    Market Data System Developer employer: ESP Engineered

    As a Market Data System Developer at our London office, you will be part of a dynamic team that thrives on innovation and collaboration. We offer a supportive work culture that prioritises employee growth through continuous learning opportunities and hands-on involvement in cutting-edge projects. With competitive benefits and a commitment to maintaining a healthy work-life balance, we ensure that our employees feel valued and empowered to make a meaningful impact in the financial sector.
    ESP Engineered

    Contact Detail:

    ESP Engineered Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Market Data System Developer

    ✨Tip Number 1

    Network like a pro! Get out there and connect with folks in the industry. Attend meetups, webinars, or even just grab a coffee with someone who works in market data. You never know who might have the inside scoop on job openings!

    ✨Tip Number 2

    Show off your skills! If you’ve got experience with Alveo Prime or Cronacle, make sure to highlight that in conversations. Consider creating a portfolio or a project that showcases your technical prowess—this can really set you apart from the crowd.

    ✨Tip Number 3

    Don’t be shy about following up! After interviews or networking events, drop a quick thank-you email. It keeps you fresh in their minds and shows you’re genuinely interested in the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit!

    ✨Tip Number 4

    Apply through our website! We’ve got loads of opportunities waiting for you. By applying directly, you’ll ensure your application gets the attention it deserves. Plus, it’s super easy to keep track of your applications this way!

    We think you need these skills to ace Market Data System Developer

    Alveo Prime
    Cronacle
    Middleware Services
    Data Management Solutions
    Investment Banking Knowledge
    Project Lifecycle Understanding
    Data Requirements Analysis
    Source Control Management (Git/Bitbucket)
    Unit and Integration Testing
    Agile Design and Practices
    Unix
    MS Excel (including VBA)
    Oracle
    Sybase
    React/Angular
    R/Python
    XML/XSLT/XSD/XPath
    Excellent Communication Skills
    Technical Analysis
    Organizational and Planning Skills

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Market Data System Developer role. Highlight your experience with Alveo Prime, Cronacle, and any relevant financial asset classes. We want to see how your skills match what we're looking for!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your understanding of data management solutions and project lifecycles.

    Show Off Your Technical Skills: We love seeing technical skills in action! Be sure to include your experience with Unix, Oracle, and any programming languages like Python or React. If you've worked with Git or Agile practices, shout about it!

    Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we can’t wait to see your application come through!

    How to prepare for a job interview at ESP Engineered

    ✨Know Your Tech Inside Out

    Make sure you have a solid understanding of the Alveo Prime platform and the Cronacle scheduler. Brush up on your knowledge of data management solutions and be ready to discuss how you've used these tools in past projects.

    ✨Showcase Your Problem-Solving Skills

    Prepare examples of how you've diagnosed and resolved issues in a pressured environment. Be ready to explain your thought process and how you communicated with both technical and business teams during these situations.

    ✨Understand the Business Context

    Familiarise yourself with the various financial asset classes like bonds, futures, and swaps. Being able to discuss how market data impacts these assets will show that you understand the bigger picture and can contribute effectively.

    ✨Demonstrate Your Agile Experience

    Since Agile practices are important for this role, come prepared to discuss your experience with Agile methodologies. Share specific examples of how you've contributed to project cycles, from planning to delivery, and how you’ve adapted to changes along the way.

    Market Data System Developer
    ESP Engineered

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