Senior Financial Engineer: Trading Desk Solutions Architect

Cognizant; New York (NY); Hybrid; USD 81,000 - 129,000; Full time

Job summary

Cognizant is seeking a Senior Financial Engineer to develop and enhance pricing, risk, P&L, and trade lifecycle solutions for financial markets operations. You will collaborate with Front Office traders, Risk Management, Finance, Data, and Technology to deliver scalable, compliant solutions.

You will work in a hybrid model with 3–4 days onsite in New York, balancing client needs and internal governance. A strong quantitative background and communication skills are essential.

Qualifications

• At least 10 years of experience in financial engineering or related roles.
• Strong knowledge of FX and/or Interest Rate products.
• Advanced SQL skills with complex queries and views.
• Solid understanding of pricing methodologies, market data, Greeks, VaR, and P&L.
• Experience with trade lifecycle processes and data flows across Front/Middle/Back Office.
• Experience with full software development lifecycle including documentation.
• Excellent written and verbal communication to non-technical stakeholders.
• Advanced degree in Financial Engineering, Applied Mathematics, or related field.
• Certifications or coursework in quantitative finance or risk management (a plus).

Responsibilities

• Design, validate, and enhance pricing, risk, P&L, and hedging processes.
• Translate trading desk requirements into scalable solutions covering capture, valuation, data integration, and reporting.
• Analyze P&L drivers, VaR, Greeks, and hedging effectiveness with root-cause analysis when needed.
• Design and optimize complex SQL queries, views, and stored procedures for analytics and data quality.
• Deliver end-to-end solutions with requirements, design, testing, deployment, and governance.

Skills

Financial engineering

Front Office analytics

FX/IR products

Advanced SQL

Pricing methodologies

Trade lifecycle

SDLC

Communication skills

Education

Advanced degree in Financial Engineering or related field

Tools

Murex MX.3

Python

Pandas

VBA

Job description

Cognizant is seeking a Senior Financial Engineer to develop and enhance pricing, risk, P&L, and trade lifecycle solutions for financial markets operations. You will collaborate with Front Office traders, Risk Management, Finance, Data, and Technology to deliver scalable, compliant solutions.

You will work in a hybrid model with 3–4 days onsite in New York, balancing client needs and internal governance. A strong quantitative background and communication skills are essential.