Principal Market Data Engineer

E1 EDF Trading Ltd; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading company in the energy sector is seeking a Valuation Service Engineer to join their Quant Dev Core Engineering Team. This role involves developing valuation services and supporting front office trading operations, requiring strong expertise in energy markets and robust technical skills in C# and .NET. The position offers an exciting opportunity to work in a high-pressure environment with continuous development and delivery responsibilities.

Qualifications

• 5+ years of development experience in C# and .NET.
• Experience with financial institutions in a front office environment.
• Strong understanding of financial products and trading operations.

Responsibilities

• Engage with users to gather requirements and deliver development work.
• Implement software engineering best practices and high-quality code.
• Support business units by defining requirements for systems and tools.

Skills

C#

.NET

API development

distributed architecture

energy market data

Tools

SQL Server

MongoDB

Redis

Kafka

Angular

Job description

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The Quant Dev Core Engineering Team is a part of the Quantitative Engineering Group which sits in the Front Office and is the centre of expertise for derivatives and quantitative activities for the company.

The team has the mandate to design and develop a platform that will form the core of EDFT’s enterprise valuation platform valuing all deal types within EDFT’s portfolio including complex derivative structures. The team will require a high degree of technical expertise across a range of technologies and provides advice on a range of analytical technologies. The Quant Dev Core Engineering team will be responsible for the new direction in service based infrastructure.

Lastly the group operates in a high pressure front office environment where many requests and issues are directed to this group during a typical day and require addressing in short order. The issues are frequently complex requiring knowledge of complex systems and co-ordinate across multiple teams.

Position purpose

The Valuation Service Engineer will provide specialist skillsets in the implementation of valuation services as implemented in ETRM type systems. The team must ensure that complex tools / services developed continue to operate smoothly providing decision support information to the Front Office desks.

The role is expected to provide significant energy commodities market data expertise within the development teams taking ownership of the complex problems within its remit and delivering solutions. To support this business deliverable the Valuation Service Engineer is responsible for the development of infrastructural components in the build out of the new service base technology stack

The Valuation Service Engineer will provide the specialist skills required for commodities markets and analytics in a Front Office environment in addition to an in-depth knowledge of the inhouse derivatives and ETRM systems. Key to the role is a strong background in the implementation of services and backend technology allowing computation to take place in a concurrent model. The role must balance the long-term objectives with the immediate pressure of dealing with business as usual issues.

To maintain the reputation of the group as the subject matter experts on the Energy Trading sector and EDFT’s trading systems, and recognised as a reliable, knowledgeable resource with a reputation for delivery.

Main Responsibilities

Development

• Engage with the users to gather requirements and take ownership for the delivery of any development work within the agreed timelines.
• Adhere to the company’s standards and best practices, including, but not limited to, documentation, testing and peer review
• Use technology appropriately and flexibly, taking into consideration the company’s strategy and recommendations.
• Provide full visibility of work undertaken via backlog of requests.
• Implement software engineering best practices and develop high quality code with appropriate test coverage
• Refactor and enhance existing components and solutions in order to standardise and reduce duplication.
• Provide detailed documentation of the application/component features being developed.
• Assist production operations team in testing, rollout and production support.
• Advise on and implement appropriate architecture, data model, and system design and interfacing requirements for each project
• Ability to work in a fast-paced environment.

Analytics and other front office tools

• Be able to support and further develop other desktop tools built by the quantitative development team.
• Take ownership of the development infrastructure required by the above tools and, whenever possible, adopt the company’s standard toolset for source code repository, continuous build and deployment.
• Work closely with Quantitative Analytics Team (Model Development) on various technical aspects such as model integration, performance, improvements and tracking issues to deliver highly reliable and highly complex technical solutions.
• Coordinate and communicate specific subject matter knowledge to the design and integration phase of each project
  

Support to the Business

• Engage with the business to assist them in understanding and defining their requirements for any systems and tools supported by the team.
• Provide technical advice to the business units by identifying the most appropriate tools/processes for any given task.

Requirements

Required experience:

• Experience with large volumes of energy market data.
• Marshalling both intraday and EOD data to multiple clients.
• Experience on a technology team within a financial institution, ideally in a front office
• Previous experience working within a trading operation, preferably energy or other commodity trading, with a full understanding of the trade life cycle
• Understanding of financial products, preferably including derivative and option products, In addition familiarity with physically delivered commodities is desirable.
• Mathematically minded with some exposure to financial mathematical theory
• Good understanding of various option valuation models.

Essential technical skills:

• C# and .net experience development experience (5+ years, .Net 6+)
• Working experience with API and backend services deployed to cloud based environment
• Experience with distributed architecture and modern CI/CD practices (Docker, Kubernetes)
• Experience with database systems and messaging solutions (Sql Server, MongoDB, Memcached/Redis)
• Strong Experience with Enterprise Messaging (Kafka / Azure service bus )
• Implementation of high availability caching solution storing intraday market data.
• Source Control Management (GIT)
• Experience with modern UI frameworks (Angular)
• C++ experience / Experience with C++ interop
• Entity Framework Core experience (Sql server, Oracle)
• Experience with modern
• Test Driven Development
• Build Management and Continuous Integration

Nice to have technical skills:

• Continuous integration processes, automated test execution and source code management
• Experience with cloud modernization project

Person specification

• A passionate and versatile technologist with a strong interest in energy commodity trading
• Able to work effectively under pressure with traders and demanding front office users
• A very proactive individual able to handle development and support activities simultaneously
• Hands-on approach, flexible with a positive outlook.
• Capacity to understand business-processes quickly.
• Ability to fully participate in multi-faceted team environment.
• Attention to detail and strong focus on accuracy of information.
• Able to multitask, switch focus and prioritise own tasks under pressure.
• Takes ownership of any issues that come up and facilitates their resolution quickly using own initiative while managing expectations.
• Excellent written and verbal communication skills