Senior Software Engineer - Market Risk & FRTB (Remote)

BIP US; New York (NY); Hybrid; USD 160,000 - 210,000; Full time

Benefits offered by this job

Medical insurance

Discretionary bonus

Remote/hybrid work environment

HSA/FSAs

401k match

PTO 20 days

Job summary

BIP US is seeking a hands-on Senior Software Engineer to support an FRTB IMA program for a leading global financial institution. Work spans Capital Markets, Market Risk, and software engineering with production-grade delivery and strong collaboration across Front Office, Quant, and Engineering teams.

The role focuses on Python or Java development, enhancing the Market Risk platform, and building analytics for Rates, Credit, and Equity.

Qualifications

• 6+ years of hands-on software engineering, quantitative development, risk technology, or closely related experience within a complex enterprise environment.
• Strong hands-on development expertise in Python OR Java; deep expertise in both languages is not required.
• Experience building, enhancing, testing, and supporting production-grade enterprise applications, analytics platforms, or risk systems.
• Experience within Capital Markets, Market Risk, Risk Technology, quantitative engineering, or a closely related financial-services environment.

Responsibilities

• Design, develop, test, and deliver production-quality solutions supporting FRTB IMA regulatory and market risk requirements.
• Partner with Quant Strats, Market Risk, Front Office, and Engineering teams to translate analytical and regulatory requirements into scalable technical solutions.
• Enhance existing Market Risk Suite (MRS) capabilities supporting Rates and Credit, including market data enrichment, risk calculations, and eligibility testing.
• Build new analytics and risk-processing capabilities on strategic infrastructure, with Equity population and implementation efforts as a major focus.
• Implement and support market risk analytics, including FRTB IMA risk factor eligibility testing (RFET), time-series analysis, and related validation processes where applicable.

Skills

Python

Java

Production-grade software

Capital Markets experience

Risk technology

Job description

BIP US is seeking a hands-on Senior Software Engineer to support an FRTB IMA program for a leading global financial institution. Work spans Capital Markets, Market Risk, and software engineering with production-grade delivery and strong collaboration across Front Office, Quant, and Engineering teams.

The role focuses on Python or Java development, enhancing the Market Risk platform, and building analytics for Rates, Credit, and Equity.