eTrading Developer (Fixed Income)

Job Code: 13620 | Country: GB | City: London | Skill Category: Global Markets

Company Overview

The company is a global financial services group operating in approximately 30 countries. It serves individuals, institutions, corporates, and governments through its Wealth Management, Investment Management, and Wholesale divisions. Founded in 1925, the firm focuses on disciplined entrepreneurship and delivers innovative solutions across markets.

Department & Role

The Global Markets department provides liquidity, market insight, and execution services worldwide across equities, fixed income, currencies, and commodities. The eTrading Strats team, based in London, New York, and Tokyo, develops automated trading strategies, eBooks, and pricing models for client and interdealer electronic venues.

Role Description

You are a confident, self‑motivating quant/strategist with a solid understanding of electronic markets. You are client‑focused, comfortable communicating with stakeholders across the bank, and thrive in a small self‑organising agile team. You have a demonstrable track record of owning delivery of high‑profile products and are familiar with fixed‑income markets, both cash and derivatives, and the importance of robust E‑trading systems.

Key Responsibilities

• Design and develop sophisticated algorithmic trading strategies using quantitative methods and statistical analysis.
• Implement and optimise execution algorithms to improve trading efficiency and reduce market impact.
• Analyse market microstructure and develop models to predict short‑term price movements.
• Collaborate with quants, developers, and traders to translate trading ideas into production‑ready code.
• Monitor and evaluate the performance of trading strategies, making real‑time adjustments as necessary.
• Conduct research on new trading opportunities and market inefficiencies.
• Stay current with regulatory changes and ensure compliance in all trading activities.
• Develop and maintain relationships with electronic trading venues and liquidity providers.
• Contribute to the firm’s overall electronic trading infrastructure and technology stack.

Required Skills & Qualifications

• Degree in Computer Science, Mathematics, Physics, or a related quantitative field.
• Experience in electronic trading or a similar financial markets role.
• Strong programming skills in C++, Java, or Python, with experience in low‑latency environments.
• In‑depth understanding of market microstructure, order types, and exchange connectivity.
• Proficiency in statistical analysis and machine‑learning techniques.
• Experience with high‑frequency trading (HFT) and algorithmic execution strategies.
• Excellent problem‑solving skills and ability to work under pressure in a fast‑paced environment.
• Strong analytical and quantitative skills.
• Creativity in developing novel trading strategies.
• Excellent communication skills to explain complex concepts to both technical and non‑technical audiences.
• Ability to work collaboratively in a team environment.
• Adaptability to rapidly changing market conditions and technologies.
• Strong ethical standards and commitment to market integrity.

Preferred Experience

• Experience with multiple asset classes (Rates, equities, futures, options, FX).
• Knowledge of market‑making strategies and risk‑management techniques.
• Familiarity with financial regulations (MiFID II, Reg NMS).
• Experience with distributed systems and cloud‑computing platforms.
• Proficiency with KDB or other time‑series databases.

Join our cutting‑edge team and help shape the future of Rates electronic trading.

Equal Opportunity Employer

The company is an equal‑opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation. If you require assistance or reasonable adjustments due to a disability or long‑term health condition, please do not hesitate to contact us.