Senior Software Engineer - Fixed Income & Derivatives (Functional Programming)

Bloomberg L.P.; Greater London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading financial services company in London seeks a skilled Software Engineer to develop cutting-edge systems for the derivatives market. The role involves using functional programming, particularly OCaml, to build and improve financial applications. Candidates should have a degree in a relevant field and strong problem-solving skills. Opportunities include training, mentorship, and collaboration with expert teams, contributing to innovative projects in a diverse work environment.

Benefits

In-house training courses

Participation in conferences

Mentoring opportunities

Qualifications

• A Degree in Computer Science, Engineering, Mathematics or equivalent experience.
• Experience with a typed functional programming language is a plus.
• Honest approach to problem-solving and collaboration.

Responsibilities

• Employ functional programming to build new systems.
• Collaborate with financial engineers and product owners.
• Lead technical solutions and user rollout.

Skills

Functional programming

Collaboration

Problem-solving

Teamwork

Education

Degree in Computer Science, Engineering, Mathematics or similar

Tools

OCaml

Distributed systems

Job description

Location

London

Business Area

Engineering and CTO

Description & Requirements

As a financial data, news, and analytics market leader, Bloomberg continuously invests in its technology to keep delivering the best data and analytics to support the global derivatives market. Every day, trillions of dollars pass through the Bloomberg Terminal. Bloomberg’s Derivatives Engineering team is responsible for owning the full life‑cycle of services and applications for pricing derivatives. We build systems and products that enable clients to generate trade ideas, structure deals, connect to electronic trading platforms and capture market movements.

We sit at the intersection of finance and technology, working directly with product managers, financial engineers, and quantitative analysts to understand client and market needs. These foundational systems get billions of hits per day and provide data and analytics to many of Bloomberg’s flagship products.

We provide value to Bloomberg internal & external customers by delivering systems that enable structuring, pricing, and analytics for derivative financial products. We take pride in solving a wide variety of associated with pricing derivatives including creating efficient market data management pipelines, integrating state of the art mathematical pricing models, designing rich APIs and user interfaces and solving complex distributed systems challenges.

What’s in it for you?

• Be part of a passionate, growing community of talented software engineers
• Gain experience applying functional programming to real production financial systems
• Use OCaml to develop applications for instrument definition, payoff scripting and derivatives life‑cycling
• The opportunity to learn some of the financial domain that’s at the core of the extensive functionality we design and develop, including an extensive training offering
• Attend in‑house training courses designed by technology experts, participate in or speak at conferences, build your network by collaborating with leaders in a wide variety of technical fields and make an impact by participating in Bloomberg’s Engineering Guilds
• Help to shape the strategy and experience of OCaml developers by contributing to the wider Bloomberg community

We'll trust you to:

• Employ functional programming in building new cutting‑edge systems and improving existing ones wherever possible
• Work hand‑in‑hand with industry‑expert product owners, financial engineers and quantitative researchers to build applications and frameworks
• Take leadership of technical solutions, implementation and rollout to users
• Use industry best practices for testing, automation, continuous integration and continuous deployment
• Champion new technologies, advocate for the latest developments and best practices in the open source community, challenge the status quo and inspire others to improve their craft.
• Represent Bloomberg in conferences and the wider functional programming community
• Embrace teamwork and peer review of designs and code

We'd love to see:

• A Degree in Computer Science, Engineering, Mathematics, similar field of study or equivalent work experience
• An understanding of the benefits of composition, search for sum types in any language you write and dearly miss pattern matching where you don't have it
• Prior contributions to system design and architecture and scaling fault‑tolerant, distributed systems
• Honest approach to problem‑solving, and ability to collaborate with peers, stakeholders and management
• Experience working with a typed functional programming language or strong motivation to learn
• An interest in sharing knowledge and mentoring other team members

Discover what makes Bloomberg unique - watch our for an inside look at our culture, values, and the people behind our success.

Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

Bloomberg is a disability inclusive employer. Please let us know if you require any reasonable adjustments to be made for the recruitment process. If you would prefer to discuss this confidentially, please email [e-mail]