Senior Quantitative Software Engineer - Java - Intraday Risk

ZipRecruiter; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading bank seeks a Java Developer for its Debt Strats team. You will enhance risk and P&L functionalities, working in a hybrid environment. Responsibilities include coding, collaborating with analysts, and delivering reliable solutions. Enjoy competitive salary, flexible benefits, and a supportive culture.

Benefits

Hybrid Working

Competitive salary

30 days’ holiday

Life Assurance

Private Healthcare

Flexible benefits

Volunteering leave

Qualifications

• Expertise in server-side Java development required.
• Experience in developing front-office risk and P&L applications preferred.

Responsibilities

• Developing business-rich risk and P&L functionalities in Java.
• Delivering robust, high-performance code in a multi-threaded environment.
• Collaborating with business analysts and stakeholders.

Skills

Java

Multi-threading

Distributed Systems

Collaboration

Python

Job description

Job Description

This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the + business community. Please do not contact the recruiter directly.

Position Overview

Group Strategic Analytics is part of the Group Chief Operating Office (COO), serving as the bridge between the Bank’s businesses and infrastructure functions to help achieve efficiency, control, and transformation goals.

You will join the Debt Strats team within Group Strategic Analytics, responsible for delivering platforms to solve quantitative problems for Investment Banking trading businesses. You will be part of the IRiS Intraday Risk and Profit & Loss (P&L) application team. IRiS is used by over 200 traders globally, providing intraday risk and P&L data for Rates, Credit, and Emerging Markets trading desks. The delivery team comprises quantitative business analysts, Java and C# engineers, platform engineers, and testers, utilizing JIRA for tracking and management.

Server-side development involves Java with Oracle Coherence in a low-latency, high-throughput, multi-threaded, highly distributed system. The platform operates on clusters of Redhat Linux servers, using Oracle Coherence, Spring Framework, Hibernate, Oracle Exadata, Solace, and Java Message Service (JMS).

You will be responsible for developing risk and P&L functionalities in Java, including analysis, design, coding, and support across trade sourcing, market data loading, static data, trade valuation, risk and P&L calculations, real-time aggregation, and performance optimization for Rates, Credit, Emerging Markets, and Equity lines of business.

What we’ll offer you

We are committed to providing an environment centered on your development and wellbeing, helping you do your best work and enjoy your life both inside and outside work.

You can expect:

• Hybrid Working - enabling eligible employees to work remotely part of the time
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with options to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• Flexible benefits including Retail Discounts, Bike4Work scheme, and Gym benefits
• Support for CSR initiatives and 2 days’ volunteering leave annually

Your key responsibilities

• Developing business-rich risk and P&L functionalities in Java
• Delivering robust, high-performance, reliable code in a multi-threaded, distributed environment
• Collaborating with business analysts, quants, traders, and stakeholders to understand requirements and deliver solutions
• Supporting the business through a support rota, investigating queries and issues
• Providing technical and business leadership within the team and managing deliveries

Your skills and experience

• Expertise in server-side Java development, including multi-threading and distributed systems
• Understanding of Rates and Credit derivatives, risk, and P&L
• Experience in developing front-office risk, P&L, trading, or pricing applications
• Collaborative approach, eagerness to learn, and determination to succeed
• Python and/or C++ experience is beneficial

How we’ll support you

• Coaching and support from team experts
• A culture of continuous learning and progression
• Flexible benefits tailored to your needs
• Reasonable adjustments for those with disabilities, such as assistive equipment

About us

Deutsche Bank is a leading German bank with a strong European presence and a global network. Click here to see what we do.

Deutsche Bank UK has been named in The Times Top 50 Employers for Equality 2024 for five consecutive years, awarded a Gold from Stonewall, and listed in their Top 100 Employers 2024 for our inclusivity efforts.

We foster a culture of responsibility, commercial thinking, initiative, and collaboration. We celebrate our people’s successes and promote a positive, fair, and inclusive environment.