Software Engineer – Equity Derivatives Pricing & Risk

Software Engineer – Equity Derivatives Pricing & Risk

Full-Time 63000 - 77000 £ / year (est.) No working from home possible
M

At a Glance

  • Tasks: Design and develop cutting-edge risk systems for Equity Volatility trading strategies.
  • Company: Join Millennium, a global leader in alternative investments with a focus on innovation.
  • Benefits: Enjoy competitive salary, flexible work options, and opportunities for professional growth.
  • Other info: Dynamic team environment with a focus on collaboration and continuous learning.
  • Why this job: Make a real impact in finance technology while working with top-tier professionals.
  • Qualifications: Strong Java skills, experience with Spring Boot, and knowledge of equity derivatives required.

The predicted salary is between 63000 - 77000 £ per year.

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.

Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

Meet the Team

Core to the health and growth of Millennium’s business, the Information Technology organization develops flexible, scalable technology and advanced proprietary systems, including the next generation of analytical and trading capabilities. Within this organization, the Equities Technology team develops and supports Equity Volatility Risk and P & L systems that enable Equity Volatility Managers to evaluate risk, manage portfolios, and support trading activity.

What You'll Do

  • Design, develop, and implement robust risk systems that support Equity Volatility trading strategies
  • Build and maintain scalable, high-performance server-side applications using Java and Spring Boot
  • Build and integrate exotic pricing models to support product pricing and lifecycle management
  • Provide Level 3 production support, including troubleshooting, performance tuning, and resolution of complex system issues
  • Identify system bottlenecks proactively and implement improvements that maintain platform performance and reliability
  • Conduct code reviews and implement automated testing to strengthen application quality and reliability
  • Write clean, maintainable, and testable code in line with software engineering best practices

What You Bring

  • Strong Java development experience building scalable, high-performance systems
  • Strong knowledge of Spring Boot and its ecosystem for microservices development
  • Experience using Python for scripting and automation
  • Experience with distributed caching technologies, such as Ignite or similar platforms
  • Familiarity with containerization technologies, including Podman and Kubernetes, and cloud computing platforms such as AWS
  • Solid understanding of software development best practices, including Git, CI/CD pipelines, and automated testing frameworks
  • Previous experience supporting Equity Derivatives in a sell-side or buy-side environment, with a strong understanding of options and futures
  • Understanding of structured products, including their pricing, lifecycle, and risk characteristics, along with strong problem-solving skills and the ability to perform effectively in a fast-paced, high-pressure environment

Software Engineer – Equity Derivatives Pricing & Risk employer: Millennium

Millennium is an exceptional employer that fosters a culture of innovation and collaboration, empowering employees to take ownership of their ideas while benefiting from a robust global support network. With a strong focus on professional development and continuous learning, the Business Manager role in International Operations offers unique opportunities for growth and impact within a dynamic financial environment. Located in a vibrant hub, Millennium provides a stimulating work atmosphere where talent can thrive and contribute to meaningful outcomes.

M

Contact Details:

Millennium Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Software Engineer – Equity Derivatives Pricing & Risk

Join Local Tech Meetups

Get out there and mingle with fellow developers by joining local tech meetups. It’s a fantastic way to meet people who might be working at Millennium or know someone who does. Plus, you can pick up some trendy tech skills and trends while you're at it!

Contribute to Open Source Projects

Show off your coding chops by jumping into open-source projects. Not only does this give you practical experience, but it also gets you noticed in the dev community. You'll create a killer portfolio that speaks volumes about your skills to Millennium.

Tap into Online Developer Communities

Don’t underestimate the power of online developer communities like GitHub, Stack Overflow, and even Reddit. Participate in discussions, share your projects, and build your visibility. We can often find opportunities through these channels that can lead to a full-time gig at companies like Millennium.

Explore Job Boards Specifically for Tech Roles

Keep your eyes peeled on job boards that focus on tech roles. Sites like TechCareers or Stack Overflow Jobs can often have listings for companies like Millennium that might not show up on broader job sites. Make it a habit to check these regularly, and don’t hesitate to apply directly through our website!

We think you need these skills to ace Software Engineer – Equity Derivatives Pricing & Risk

Java Development
Spring Boot
Microservices Development
Python Scripting
Automation
Distributed Caching Technologies
Ignite

Some tips for your application 🫡

Show off your coding skills:When applying for a software engineering role, it's super important to showcase your coding skills. Make sure your CV includes your tech stack, any relevant programming languages you’re comfortable with, and examples of projects you've worked on. If you have a GitHub profile, link it up! We love to see code in action.

Tailor your portfolio:For a full-time role, we’d expect to see some solid examples of your work in your portfolio. Make sure to include at least two or three projects that highlight your problem-solving skills and your ability to work with different technologies. Focus on the projects that are most relevant to the position at Millennium.

Craft a killer cover letter:Your cover letter is your chance to stand out—make it personal! Explain why you want to work at Millennium and how your skills align with the role. Show us your passion for software development. We dig enthusiastic candidates who understand the value of collaboration and continuous learning!

Be clear and concise:When it comes to writing your CV and cover letter, clarity is key. Avoid jargon that could confuse us and stick to simple, direct language. Highlight your achievements with quantifiable results where possible, and keep everything easy to read. A well-organised application goes a long way!

How to prepare for a job interview at Millennium

Brush Up on Your Coding Skills

For a full-time software engineering role, it's crucial that we stay sharp with our coding abilities. Expect technical questions that might involve solving problems on the spot or discussing algorithms. Practise on platforms like LeetCode or HackerRank to get comfortable with the types of questions that often come up.

Know Your Tools and Frameworks

Make sure we’re well-acquainted with the tools and technologies listed in the job description. Familiarise ourselves with any specific frameworks or programming languages mentioned. If Millennium uses React or Node.js, for instance, be ready to discuss how we’ve used them in previous projects or coursework.

Showcase Your Projects

Bring along a portfolio that highlights our best work. This could be code samples, GitHub repositories, or any side projects we’ve built. Make sure we can talk through our thought process for each project, especially the challenges we faced and how we solved them—this shows our problem-solving skills in action.

Prepare for Behavioural Questions

While technical skills are key, full-time positions also require cultural fit. Be ready to discuss our previous experiences and how we handle teamwork, conflict, and deadlines. Brush up on the STAR method—Situation, Task, Action, Result—to clearly articulate our past experiences when discussing how we've contributed to a team.