Job
Description
Responsibilities Understanding the broad design of an electronic trading flow : This includes the order execution cycle, software stack, and interconnected systems. Understanding underlying business context and trading activity profile : For the e-trading flow, this involves understanding financial products traded, order types, market structure and rules, and regulations. Understanding different trading algorithms : This involves order execution and market making, and evaluating their business logic and implementation in code. Understanding market conduct risks : This involves analyzing how these risks are involved in trading algorithms. Understanding the design and implementation of key software-based pre-trade controls : This includes code walkthroughs, control coverage analysis, and control design best practices analysis. Validate the design, implementation, and effectiveness of software controls : This ensures they mitigate market disruption, financial, and operational risks in e-trading flows, and involves identifying potential gaps. Communicate the results and outcomes of validation : This includes identified gaps to key stakeholders in business and risk, and tracking gap remediation. Review and approval of electronic trading software control changes on an ongoing basis. Development of software tools to enhance, automate, and build efficiency into the validation workflow. Long-Term Growth and Exposure Over time, this role offers broad exposure to financial products, market structures, various algorithmic trading strategies, and technology systems. The individual would be expected to: Become a subject matter expert in the electronic markets : This involves understanding the trading software stack, trading algorithms, potential market conduct risk in such algorithms, business and regulatory concerns, and devising automated control mechanisms to improve our control structure. Promulgate best control practices across global electronic trading activities. Provide thought leadership to review, analyze the impact of, and implement controls for new electronic trading regulatory requirements. The role provides individuals with the unique value proposition of building a solid foundation of financial markets and operational, model, and market conduct risk management concepts yet remaining close to the cutting edge of technology in electronic trading space. Basic Qualifications Bachelor's or Master's in Computer Science, Technology, or a related field with a minimum of 2 years of relevant experience. Strong knowledge of Financial Markets, Products, Trading Algorithms, and their implementation in code. Working knowledge of data structures, algorithms, programming paradigms. Excellent influencing skills at all levels and the ability to develop and maintain good relationships with senior leadership, stakeholders, and colleagues. Self-motivated with an ability to work independently with a strong sense of ownership and accountability. Preferred Qualifications Experience in development or validation of algorithmic trading models or trading software. Experience of working with Market conduct Risk.
