Algorithmic Trading Developer at RMB - Rand Merchant Bank

Job Description

• To design, develop and enhance best in class platforms, underpinned by market analytics, execution strategies, models used for pricing and risk management used to enhance and inform strategic decisions
• To provide analytical support and interpret insights to address business opportunities and problems
• To provide analytical support and interpret insights to address business opportunities and problems

Are you someone who can: 

• Analyse the trading strategies in the market and assess the extent to which the platform is performing
• Liaise with Traders to improve trading strategies and provide ongoing technology-based innovation in the Global Markets trading space
• Identify opportunities to make money or improve methods of making money e.g. through automating processes and reducing risk
• Liaise with specialist Traders to understand their needs and distil ideas
• Analyse what's working and what's not and re-define criteria processes strategy and metrics accordingly
• Read academic papers and look for strategies that sound viable collect and mine data perform simulations to test for viability and continually adjust as required
• Maintain awareness of risk and its consequences
• Liaise with relevant stakeholders to analyse requirements of the trading platform model the code and develop the solution
• Perform integration and unit testing
• Validate and get sign-off from business stakeholders
• Roll-out and manage change
• As custodians of the system maintain the platform and provide real-time support
• Generate analytics for monitoring and continual improvement purposes

You will be an ideal candidate if you have the following:

Qualifications

• Minimum: Bachelor’s degree in Computer Science, Engineering, Quantitative Finance, or a related field
• Preferred: ACI, RPEs – Willingness to obtain the qualifications if not available

Experience and Skills

• 10+ years’ experience as a Java Developer or Software Engineer
• Experience as a Java Subject Matter Expert
• Experience in mentoring and supporting young/junior developer talent
• Experience with Spring, Maven, Tomcat, Java, React
• FIX knowledge is advantageous
• Experience in technical architecture, Multi-threading
• Experience in high-performance or low-latency platforms

Knowledge and Skills

• Programming Languages: Advanced expertise in C++, Python or Java for developing low-latency, high-performance trading systems. Familiarity with additional languages like R or MATLAB is beneficial.
• Machine Learning and Statistical Modelling: Proficiency in machine learning libraries and statistical modelling for algorithm development and enhancement.
• Low-Latency Systems: Knowledge of low-latency programming techniques, including memory management, concurrency, and multithreading, to optimize algorithm performance.
• Market Microstructure and Order Flow Analysis: Knowledge of market microstructure, order types, and order flow analysis to improve trading strategies.
• Database Management: Expertise in advanced database management systems, with knowledge of time-series databases for real-time data processing.
• Backtesting and Simulation Tools: Proficiency in developing and using backtesting frameworks to evaluate the effectiveness of trading algorithms.
• Data Analysis and Visualisation: Ability to analyse and visualize large datasets, using tools like Pandas, SQL, and Tableau, to identify trading insights.
• API Development and Integration: Experience with RESTful APIs ,WebSocket and FIX  protocols for connecting trading algorithms to exchange data feeds and broker platforms.

In order to apply you need to be

• Self-driven because we expect you to work independently
• Collaboration is key as you will work with other team members on-site and offsite
• RMB is a high-performing "outperformance" culture
• You need to be willing to unlearn and relearn
• Willing to do ACI dealing certificate and RPE's in the first 18 months (from the onset) if not already obtained

Expectations

• Process/Environment Improvement or Cost Optimization
• Production Management
• Own and drive a Large complex business initiative (Project Level)
• Direct stakeholder management.
• Technical designs
• Knowledge Sharing

You will have access to: 

• Opportunities to network and collaborate 
• Challenging Working 
• Opportunities to innovate 

We can be a match if you are: 

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to 
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do