At a Glance
- Tasks: Join our Fixed Income eTrading team to develop innovative algorithms and pricing logic.
- Company: ING, a forward-thinking financial institution embracing digital transformation.
- Benefits: Competitive salary, career progression, and a collaborative work environment.
- Why this job: Make an impact in the fast-paced world of eTrading and enhance your tech skills.
- Qualifications: Degree in a quantitative field and 3 years of algorithm development experience.
- Other info: Dynamic culture that values diversity and promotes work/life balance.
The predicted salary is between 48000 - 72000 £ per year.
Department Overview
The Financial Markets (FM) landscape is rapidly going through a process of digitisation, at the core of which is eTrading. eTrading at ING covers all products traded in ING FM. These span from the very liquid and electronic products (cash equities, futures, commodities and FX), Fixed Income products (corporate and government bonds) which are in the process of becoming electronic due to balance sheet reduction and regulation, to the less liquid and less electronic derivative products. Data is core to eTrading and eTrading also covers the data and business intelligence strategy. Fixed income eTrading sits inside financial markets trading and comprises of a team of developers and quants.
Main Duties and Responsibilities of Role
The Quant Developer will be part of the Fixed Income eTrading team and will be responsible for bringing to production the new generation of algorithms and pricing logic at ING.
Career Potential
- Strong exposure to trading teams in London but also other global FM trading locations;
- Exposure to other global ING eTrading teams;
- Scope for career progression within eTrading and trading functions.
Candidate Profile
Qualification/Education
- Degree in quantitative subject e.g. Maths, Physics, Computer Science or Engineering
Experience/Knowledge
Essential- 3 years' experience developing algorithms;
- Strong development skills (Java);
- Experience with Rates trading frameworks;
- Experience in pricing and algorithmic trading of Interest Rate derivatives and Bonds.
- Experience with Python data science stack and KDB+/Q;
- Understanding of Fixed Income pricing and risk, yield curve modelling;
- Code integration with vendors such as ION/Broadway and D2C markets;
- Low latency frameworks and protocols e.g., FIX, Aeron, LMAX, pub-sub, messaging buses etc.
Personal Competencies
Essential- Hands-on mentality;
- Ability to deliver without supervision;
- Creative learning and thinking, passion for technology;
- Proactive behaviour and perpetual energy and drive to improve performance;
- Challenger of the status quo, always striving to do things more efficiently and effectively;
- Genuine team player.
- Customer and product focus;
- Clear, concise and transparent communicator.
ING's purpose is 'Empowering people to stay a step ahead in life and in business'. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead). For us, success will only be achieved if we act with Integrity. Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that's a promise.
ING Privacy Notice
In order to operate ING's recruitment process, we will collect and store personal data you provide. Please request the privacy notice should you wish to understand how ING uses and protects this information.
Fixed Income Quant Developer (Associate or VP) employer: ING Group
Contact Detail:
ING Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fixed Income Quant Developer (Associate or VP)
✨Tip Number 1
Network like a pro! Reach out to current employees at ING or in the financial markets space. A friendly chat can give us insights into the company culture and maybe even a referral!
✨Tip Number 2
Show off your skills! If you’ve got a portfolio of projects or contributions to open-source, make sure to highlight them. We want to see your coding prowess in action, especially with Java and Python.
✨Tip Number 3
Prepare for technical interviews by brushing up on your algorithm development and pricing logic knowledge. We recommend practicing coding challenges and discussing your thought process clearly during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the ING team.
We think you need these skills to ace Fixed Income Quant Developer (Associate or VP)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Fixed Income Quant Developer role. Highlight your experience with algorithm development and any relevant programming skills, especially in Java. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about eTrading and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Projects: If you've worked on any relevant projects, make sure to mention them! Whether it's algorithmic trading or pricing models, we want to see what you've done. Include links to your GitHub or any other portfolio if you have one.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at ING Group
✨Know Your Algorithms
Make sure you brush up on your algorithm development skills, especially in Java. Be ready to discuss specific algorithms you've worked on and how they apply to Fixed Income products. This will show your technical prowess and understanding of the role.
✨Understand the Market
Familiarise yourself with the current trends in eTrading and Fixed Income markets. Being able to discuss recent developments or regulatory changes will demonstrate your passion for the industry and your proactive approach to staying informed.
✨Showcase Your Team Spirit
ING values collaboration, so be prepared to share examples of how you've worked effectively in a team. Highlight instances where you helped others succeed or contributed to a project that required teamwork, as this aligns with their culture.
✨Ask Insightful Questions
Prepare thoughtful questions about the Fixed Income eTrading team and their projects. This not only shows your interest but also gives you a chance to assess if the company culture and values align with yours. Think about asking how they integrate new technologies into their trading strategies.