Fixed Income Quant Developer (Associate or VP)

ING; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in Greater London is seeking a skilled Quant Developer to join their Fixed Income eTrading team. The successful candidate will be responsible for developing and bringing to production algorithms and pricing strategies. Applicants should have at least 3 years of experience in algorithm development, strong skills in Java, and knowledge of Interest Rate derivatives and Bonds. This role offers career progression and exposure to global trading teams.

Qualifications

• 3 years experience developing algorithms.
• Strong development skills in Java.
• Experience in pricing and algorithmic trading of Interest Rate derivatives and Bonds.

Responsibilities

• Bring new generation of algorithms and pricing logic to production.
• Work with trading teams in London and global FM trading locations.

Skills

Java

Algorithm development

Interest Rate derivatives

Bonds

Python data science stack

KDB/Q

Education

Degree in quantitative subject (Maths, Physics, Computer Science, Engineering)

Job description

Department Overview

The Financial Markets (FM) landscape is rapidly going through a process of digitisation at the core of which is eTrading. eTrading at ING covers all products traded in ING FM. These span from the very liquid and electronic products (cash equities futures commodities and FX) Fixed Income products (corporate and government bonds) which are in the process of becoming electronic due to balance sheet reduction and regulation to the less liquid and less electronic derivative products. Data is core to eTrading and eTrading also covers the data and business intelligence strategy.

Fixed income eTrading sits inside financial markets trading and comprises of a team of developers and quants.

Main Duties and Responsibilities

The Quant Developer will be part of the Fixed Income eTrading team and will be responsible for bringing to production the new generation of algorithms and pricing logic at ING.

Career Potential

• Strong exposure to trading teams in London but also other global FM trading locations;
• Exposure to other global ING eTrading teams;
• Scope for career progression within eTrading and trading functions.
• Lead INGs client execution team

Qualification / Education

Degree in quantitative subject e.g. Maths, Physics, Computer Science or Engineering

Experience / Knowledge

Essential

• 3 years experience developing algorithms;
• Strong development skills (Java);
• Experience in pricing and algorithmic trading of Interest Rate derivatives and Bonds;

Experience with Rates trading frameworks

Experience in pricing and algorithmic trading of Interest Rate derivatives and Bonds

Desirable

• Experience with Python data science stack and KDB / Q;
• Understanding of Fixed Income pricing and risk yield curve modelling;
• Code integration with vendors such as ION / Broadway and D2C markets;
• Low latency frameworks and protocols e.g. FIX, Aeron, LMAX pub-sub messaging buses etc

Personal Competencies

Essential

• Hands‑on mentality;
• Ability to deliver without supervision;
• Creative learning and thinking passion for technology;
• Proactive behaviour and perpetual energy and drive to improve performance;
• Challenger of the status quo always striving to do things more efficiently and effectively;
• Genuine team player.

Desirable

• Customer and product focus;

Clear concise and transparent communicator.

ING Values and Behaviours

ING's purpose is Empowering people to stay a step ahead in life and in business. Every ING colleague is given the opportunity to contribute to that vision. We champion self‑reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours (you take it on and make it happen; you help others to be successful; you are always a step ahead).

For us success will only be achieved if we act with Integrity.

Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work / life balance. At ING you will be judged on your performance in line with the Orange Code. And that's a promise.

ING Privacy Notice

In order to operate INGs recruitment process we will collect and store personal data you provide. Please request the privacy notice should you wish to understand how ING uses and protects this information.

Required Experience

Exec

Key Skills

• Account Payable
• Anti Money Laundering
• Logistics & Administration
• Law Enforcement
• Gas
• Filing

Employment Type

Full‑Time

Experience

years

Vacancy

1