Executive Director, FICC eTrading Development

CIBC; New York (NY); Hybride; USD 200 000 - 290 000; Plein temps

Résumé du poste

CIBC is seeking an Executive Director, FICC eTrading Development in New York. You will design, develop, and maintain high-performance electronic US Treasury/Rates trading systems with a focus on low latency and reliability.

You will lead a technical team, collaborate with traders, analysts, and other technology groups to deliver scalable solutions and ensure regulatory compliance. The role offers a hybrid work arrangement and a market-competitive salary in the $200k–$290k range, plus benefits

Qualifications

• Experience in designing and building high-performance electronic US Treasury/Rates trading systems.
• Strong Java development background with focus on low-latency architectures.
• Knowledge of Fixed Income markets, trading lifecycle, and market conventions.
• Experience with messaging protocols such as FIX, MQ, JMS.
• Proficiency in RESTful and/or SOAP web services.
• Proficiency with Spring Boot/MVC and related technologies.
• Familiarity with CI/CD tools and automated testing frameworks.
• Experience with distributed systems, microservices, caching, and clustering.
• Strong problem-solving and communication skills; agile/scrum environment.

Responsabilités

• Provide technical leadership and mentorship to development teams.
• Oversee end-to-end delivery of low-latency eTrading solutions delivering business value.
• Collaborate with traders, business analysts, product owners and other tech teams.
• Drive code quality through reviews, tests, and CI/CD practices.
• Identify performance improvements and drive continuous optimization.
• Ensure risk, compliance, and regulatory requirements are met.
• Lead incident resolution and long-term fixes for production issues.
• Contribute to project planning, estimation, and resource allocation.
• Coordinate with cross-functional teams to deliver integrated solutions.

Connaissances

Java

Low Latency

Fixed Income

E-FI Trading

REST/SOAP API

Spring Framework

CI/CD

Distributed Systems

Multithreading

Trading Systems

Outils

FIX Protocol

Jenkins

Description du poste

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com

What you’ll be doing

The Executive Director, FICC eTrading Development will be responsible for designing, developing, and maintaining high-performance electronic US Treasury/Rates trading systems. This role combines deep technical expertise in Java with a solid understanding of Fixed Income markets to deliver reliable, scalable, and low-latency solutions that support the bank’s trading and risk management objectives. The successful candidate will work closely with traders, business analysts, and technology teams to deliver innovative solutions that enhance trading capabilities, ensure regulatory compliance, and drive business growth. You will have the flexibility to manage your work activities within a hybrid work arrangement. Details on your work arrangement will be discussed at the time of your interview.

How you’ll succeed

• Technical Leadership: Provide technical direction and mentorship to the development team, ensuring best practices in software design, coding standards, and architectural decisions.
• Solution Delivery: Oversee and be very hands on for the end-to-end delivery of robust, scalable, and low-latency eTrading solutions, ensuring alignment with business objectives and regulatory requirements.
• Stakeholder Collaboration:Work closely with traders, business analysts, product owners, and other technology teams to gather requirements, clarify objectives, and deliver fit-for-purpose solutions.
• Code Quality & Review: Drive a culture of code excellence through regular code reviews, automated testing, and continuous integration, ensuring maintainability and reliability,
• Innovation & Continuous Improvement: Identify and implement opportunities to improve system performance, reliability, and scalability. Stay abreast of industry trends and emerging technologies.
• Risk & Compliance:Ensure all solutions comply with internal risk management policies, security standards, and regulatory requirements.
• Incident Management & Support: Lead the resolution of high-impact production issues, perform root cause analysis, and implement long-term fixes to prevent recurrence.
• Project Planning: Contribute to project planning, estimation, and resource allocation to ensure timely and successful delivery of initiatives.
• Cross Functional Relationships:
  • Trading Desk: Collaborate closely with traders to understand business requirements, trading strategies, and operational needs.
  • Product Management: Partner with product managers to prioritize features, align technology solutions with business goals, and deliver value to clients.
  • Business Analysts: Work with business analysts to clarify requirements, assess feasibility, and translate business needs into technical specifications.
  • Risk & Compliance Teams: Coordinate with risk management and compliance teams to ensure all solutions adhere to internal policies and regulatory standards.
  • Quality Assurance (QA): Engage with QA teams to develop and execute comprehensive testing strategies, ensuring system reliability and performance.
  • Infrastructure & DevOps: Collaborate with infrastructure and DevOps teams to optimize deployment pipelines, automate processes, and ensure system scalability and resilience.
  • Support & Operations: Work with production support and operations teams to manage incident resolution, monitor system health, and implement improvements.
  • Other Technology Teams: Partner with other technology groups (e.g., data, security, client connectivity) to deliver integrated, end-to-end solutions.

Who you are

You demonstrate experience in Java (Core & Advanced): Strong proficiency in Java, including multi-threading, collections, and concurrency. You lead development streams of work and interact with global team members. Own and be accountable for various streams of work from feature development, enhancements to production fix. Inform and solicit feedback for design and architecture, incorporating resiliency and high availability and interface regularly with technology and business stakeholders FI Trading Systems: Experience developing, maintaining, or supporting electronic foreign exchange (E-FI) trading platforms. Messaging Protocols: Familiarity with FIX protocol, MQ, JMS, or similar messaging solutions. API Development: Experience with RESTful and/or SOAP web services. Low Latency Programming: Understanding of techniques for minimizing latency in trading applications. Spring Framework: Proficiency with Spring Boot, Spring MVC, and related technologies. Database Technologies: Strong SQL skills; experience with relational databases (e.g., Oracle, SQL Server, PostgreSQL) and/or NoSQL solutions. Distributed Systems: Understanding of distributed computing concepts and technologies (e.g., microservices, caching, clustering). Testing Frameworks: Experience with JUnit, Mockito, or similar testing tools. CI/CD: Familiarity with continuous integration and deployment tools (e.g., Jenkins, TeamCity, Git). You possess strong soft skills essential for success in this role. Demonstrate problem-solving and analytical abilities with excellent verbal and written communication skills, with the ability to collaborate effectively with traders, business analysts, and developers. Adaptable to fast-paced, dynamic environments and shifting priorities. Experienced in working within Agile/Scrum teams. Domain Knowledge: Fixed Income Markets: Solid understanding of Rates products, trading lifecycle, and market conventions. Order Management: Knowledge of order routing, execution, and trade booking flows. Risk Management: Familiarity with pre-trade and post-trade risk controls in electronic trading

California residents — your privacy rights regarding your actual or prospective employment

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200,000 - $290,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees’ needs, including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidaysand401(k), in addition to other special perks reserved for our team members.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck. We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program. Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients. We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development. *Subject to plan and program terms and conditions

What you need to know

CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [e-mail] You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Job Location NY-New York, 300 Madison Ave Fl 5 Employment Type Regular Weekly Hours 40 Skills Application Development, Coaching, Decision Making, Enterprise Technologies, Leadership, Production Support, Project Management, Solutions Design, Stakeholder Management, Technical Architecture At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 48,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.