Algorithmic Trading Developer

Job Description

To design, develop and enhance best in class platforms, underpinned by market analytics, execution strategies, models used for pricing and risk management used to enhance and inform strategic decisions

To provide analytical support and interpret insights to address business opportunities and problems

Are you someone who can:

• Analyse the trading strategies in the market and assess the extent to which the platform is performing
• Liaise with Traders to improve trading strategies and provide ongoing technology-based innovation in the Global Markets trading space
• Liaise with external brokers to negotiate prices and trading agreements
• Identify opportunities to make money or improve methods of making money e.g. through automating processes and reducing risk
• Liaise with specialist Traders to understand their needs and distil ideas
• Analyse what's working and what's not and re-define criteria processes strategy and metrics accordingly
• Read academic papers and look for strategies that sound viable collect and mine data perform simulations to test for viability and continually adjust as required
• Maintain awareness of risk and its consequences
• Engage with BT to scope initiate and execute projects
• Liaise with relevant stakeholders to analyse requirements of the GEM platform model the code and develop the solution
• Perform integration and unit testing
• Validate and get sign-off from business stakeholders
• Roll-out and manage change
• As custodians of the system maintain the platform and provide real-time support
• Generate analytics for monitoring and continual improvement purposes

You will be an ideal candidate if you have the following:

Qualifications

• Minimum: Bachelor’s degree in Computer Science, Engineering, Quantitative Finance, or a related field
• Preferred: ACI, RPEs – Willingness to obtain the qualifications if not available

Experience and Skills

• 10+ years’ experience as a Java Developer or Software Engineer

Knowledge and Skills

• Programming Languages: Advanced expertise in C++, Python or Java for developing low-latency, high-performance trading systems. Familiarity with additional languages like R or MATLAB is beneficial.
• Machine Learning and Statistical Modelling: Proficiency in machine learning libraries and statistical modelling for algorithm development and enhancement.
• Low-Latency Systems: Knowledge of low-latency programming techniques, including memory management, concurrency, and multithreading, to optimize algorithm performance.
• Market Microstructure and Order Flow Analysis: Knowledge of market microstructure, order types, and order flow analysis to improve trading strategies.
• Database Management: Expertise in advanced database management systems, with knowledge of time-series databases for real-time data processing.
• Backtesting and Simulation Tools: Proficiency in developing and using backtesting frameworks to evaluate the effectiveness of trading algorithms.
• Data Analysis and Visualisation: Ability to analyse and visualize large datasets, using tools like Pandas, SQL, and Tableau, to identify trading insights.
• API Development and Integration: Experience with RESTful APIs ,WebSocket and FIX  protocols for connecting trading algorithms to exchange data feeds and broker platforms.

You will have access to:

• Opportunities to network and collaborate
• Challenging Working
• Opportunities to innovate

 

We can be a match if you are:

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

06/12/24

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.