Fixed Income Risk System Developer

Axelon Services Corporation; Montreal (administrative region); Hybrid; CAD 110,000 - 170,000; Full time

Job summary

Axelon Services Corporation in Montreal, QC is looking for a seasoned software engineer to build distributed systems for intra-day and end-of-day risk metrics, PnL, and market scenarios. The role supports senior management, trading desks, and risk teams, with hybrid work and in-office onboarding.

The candidate should have 5+ years in a similar field, strong JVM/multithreading knowledge, and a solid background in Computer Science, Mathematics, or related fields.

Qualifications

• 5+ years in a relevant field as per requirements.
• Strong software engineering, analytical and problem-solving skills.
• Good written and verbal communication abilities.
• Interest in learning about financial markets.
• Understanding of how the Java Virtual Machine works, multithreading.

Responsibilities

• Develop large-scale distributed systems to compute intra-day and end-of-day risks, PnL, and market scenarios for senior management and trading desks.
• Engage in greenfield projects to redesign pricing and workflow applications for sales and traders.
• Redesign Front to Back risk scenario infrastructure for FRtB trading book.
• Revamp market data and marking system in a cross-asset platform.
• Design APIs for programmatic access to pricing and risk analytics by internal systems.

Skills

Java/Scala and multithreading

Analytical problem-solving

Written and verbal communication

Interest in financial markets

Education

Bachelor's degree in Computer Science, Mathematics, Electrical Engineering or related field

Tools

JVM understanding

Job description

Duration: 12 Months Contract

Work Mode: Hybrid

Location: Montreal (Day 1 onboarding onsite/in office presence 3x/week)

Responsibilities

• Develop large-scale distributed systems to compute and report intra-day and end-of-day risks, PnL (Profit and Loss), and market scenarios to senior management, trading desks, controllers, and market risk department.


• Engage in greenfield projects to redesign pricing and workflow applications for sales and traders to keep ahead of the market.


• Redesign Front to Back risk scenario infrastructure for Fundamental Review of the Trading Book.


• Revamp the market data and marking system in a strategic cross-asset platform.


• Design APIs so that the pricing and risk analytics can be accessed programmatically by other internal systems and processes.


• Provide IT coverage for Macro business in EMEA, with day-to-day interaction with sales/trading, desk strategies, FID COOs, operations, controllers, and market risk department.


• Serve as a technology provider to global Interest Rate trading desks.

Requirements

• Minimum 5 years of experience in a relevant field.


• Strong academic record with Bachelor's level or above in a computational field like Computer Science, Mathematics, Electrical Engineering, or a related discipline.


• Strong software engineering, analytical, and problem-solving skills.


• Strong interest in learning about the financial markets.


• Good written and verbal communication skills.


• Good understanding of how the Java Virtual Machine works, multithreading.

Preferred Skills

• Knowledge of fixed income market, financial models, and risk management.


• Experience in financial risk calculation and management system or trading tools development.


• Experience in distributed computing or cloud computing, Java/Scala performance tuning.


• Understand DevOps and Continuous Development Principles.

This role is for an existing vacancy.