Senior Software Engineer - EQ Derivatives Pricing & Risk at Millennium | NY, US | Rezi

Senior Software Engineer - EQ Derivatives Pricing & Risk at Millennium

Senior Software Engineer - EQ Derivatives Pricing & Risk

Millennium · NY, US

Today

Senior Software Engineer - EQ Derivatives Pricing & Risk

Millennium · NY, US

12 hours ago
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About the Role

Join a global team designing and developing Equities Volatility, Risk, PnL, and Market Data systems. You will work hands-on with developers, QA, and production support, partnering closely with Portfolio Managers, Middle Office, and Risk Managers. We seek a senior engineer with deep knowledge of equity derivatives products, pricing, and risk characteristics.

Responsibilities

  • Design, build, and maintain real-time equity derivatives pricing and risk systems (including volatility and PnL components).
  • Implement robust, scalable, and low-latency server-side components in a multi-threaded environment.
  • Collaborate with portfolio managers, risk, and middle office to translate business requirements into technical solutions.
  • Contribute to UI components as needed and learn new UI technologies where required.
  • Write clear technical documentation and maintain system design and support guides.
  • Develop and execute automated tests using approved frameworks; ensure production quality and reliability.
  • Provide level-3 support, troubleshooting, and performance tuning for production systems.

Requirements

  • Highly capable hands-on developer with a solid understanding of front-to-back trading system workflows, especially pricing and risk.
  • Excellent communication skills, strong ownership, and ability to work effectively in a fast-paced, collaborative environment.
  • Experience in Unix/Linux environments is required.
  • 7+ years of professional experience as a server-side software engineer.
  • Deep understanding of equity derivatives products (options, volatility products, exotics) and their pricing and risk measures (e.g., Greeks, PnL attribution).
  • Strong experience with concurrent, multi-threaded, and low-latency application architectures.
  • Expertise in Object-Oriented design, design patterns, and best practices in unit and integration testing.
  • Experience with distributed caching and replication technologies.
  • Solid knowledge of Unix/Linux environments is required.
  • Experience with Agile/Scrum development methodologies is required.
  • Demonstrates thoroughness, attention to detail, and strong ownership of deliverables.
  • Effective team player with a strong willingness to collaborate and help others.
  • Strong written and verbal communication skills; able to explain complex technical and quantitative topics to non-technical stakeholders.
  • Proven ability to write clear, concise documentation.
  • Fast learner with the ability to adapt to new technologies and business domains.
  • Able to perform under pressure, work with ambitious team members, and handle changing priorities.

Skills

  • Equity derivatives products
  • Pricing and risk characteristics
  • Front-to-back trading system workflows
  • Unix/Linux environments
  • Server-side software engineering
  • Concurrent, multi-threaded, and low-latency application architectures
  • Object-Oriented design
  • Design patterns
  • Unit and integration testing
  • Distributed caching
  • Replication technologies
  • Agile/Scrum development methodologies
  • Cloud platforms
  • Containerization (e.g., Docker, Kubernetes)
  • JavaScript
  • HTML5

Location

  • New York

Work Type

  • Full-time

Experience Level

  • Senior
  • 7+ years of professional experience

Education Level

  • B.S. in Computer Science, Mathematics, Physics, Financial Engineering, or related field.

Salary/Compensations

  • $175,000 to $250,000

Benefits

  • Discretionary performance bonus
  • Comprehensive benefits package

About the Company

  • Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package.