Equity Derivatives Developer

Phaxis; New York (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

Phaxis in New York seeks a proactive Senior Developer with expertise in software engineering, quantitative integration, and Front Office technology. You will design and support Equity Derivatives trading apps, focusing on volatility fitting, quantitative pricing, and integration with Murex and Bloomberg BPIPE.

You will collaborate with traders, analysts, and support teams to deliver robust, scalable solutions, implement reproducible numerical workflows, and advance API design, testing, and

Qualifications

• 8+ years of software development in financial services.
• Strong Java and Python development experience.
• Experience with Bloomberg data feeds (BPIPE) and market data.
• Excellent analytical and communication skills; collaborative.

Responsibilities

• Design and support Front Office applications for Equity Derivatives.
• Integrate volatility fitting, pricing models, and data surfaces.
• Collaborate with traders, analysts, and support teams.
• Ensure scalable, high-performance services and robust API design.

Skills

Java

Python

REST APIs

Distributed systems

Event-driven architecture

Front Office services

API design

Testing methodologies

CI/CD

Production change management

Education

Bachelor's degree in a relevant field

Tools

Murex APIs

Bloomberg BPIPE

Numerix

Voladynamics

Job description

Seeking a proactive Senior Developer with expertise in software engineering, quantitative integration, and Front Office technology. The role involves designing and supporting applications for Equity Derivatives trading, focusing on volatility fitting, quantitative pricing, and integrating with platforms like Murex and Bloomberg BPIPE. Collaboration with traders, analysts, and support teams is essential to deliver robust and scalable solutions.

Core Technical Requirements

• Proficient in Java and Python for enterprise services and quantitative analytics.
• Experience with REST APIs, distributed systems, and event-driven architectures.
• Skilled in developing resilient, high-performance Front Office services.
• Strong API design, data handling, and security best practices knowledge.
• Proficient in testing methodologies and database technologies.
• Experience with CI/CD, code review, and production change management.
• Ability to diagnose production issues in pricing, integration, and performance.

Equity Derivatives Domain Requirements

• Experience in Equity Derivatives technology, focusing on pricing and trading applications.
• Understanding of equity options, swaps, volatility products, and structured derivatives.
• Knowledge of option-pricing concepts, volatility analytics, and market data.
• Experience with volatility data and surfaces.
• Collaborative experience with quantitative teams for model integration and support.

Additional Skills

• Implement and integrate volatility-fitting routines and calibration processes.
• Develop reproducible numerical workflows and regression tests.
• Experience with Murex APIs and potentially Numerix or Voladynamics.
• Comfortable using AI-assisted tools for development tasks.

Qualifications

• Minimum 8 years of experience in software development within financial services.
• Bachelor's degree in a relevant field or equivalent experience.
• Extensive Java and Python development experience.
• Experience with market-data services and platforms like Bloomberg BPIPE.
• Strong analytical and communication skills, with a collaborative mindset.