Risk-Bengaluru-Associate-Software Engineering

Responsibilities

• Understanding the broad design of an electronic trading flow: This includes the order execution cycle, software stack, and interconnected systems.
• Understanding underlying business context and trading activity profile: For the e-trading flow, this involves understanding financial products traded, order types, market structure and rules, and regulations.
• Understanding different trading algorithms: This involves order execution and market making, and evaluating their business logic and implementation in code.
• Understanding market conduct risks: This involves analyzing how these risks are involved in trading algorithms.
• Understanding the design and implementation of key software-based pre-trade controls: This includes code walkthroughs, control coverage analysis, and control design best practices analysis.
• Validate the design, implementation, and effectiveness of software controls: This ensures they mitigate market disruption, financial, and operational risks in e-trading flows, and involves identifying potential gaps.
• Communicate the results and outcomes of validation: This includes identified gaps to key stakeholders in business and risk, and tracking gap remediation.
• Review and approval of electronic trading software control changes on an ongoing basis.
• Development of software tools to enhance, automate, and build efficiency into the validation workflow.

Long-Term Growth and Exposure

Over time, this role offers broad exposure to financial products, market structures, various algorithmic trading strategies, and technology systems. The individual would be expected to:

• Become a subject matter expert in the electronic markets: This involves understanding the trading software stack, trading algorithms, potential market conduct risk in such algorithms, business and regulatory concerns, and devising automated control mechanisms to improve our control structure.
• Promulgate best control practices across global electronic trading activities.
• Provide thought leadership to review, analyze the impact of, and implement controls for new electronic trading regulatory requirements.

The role provides individuals with the unique value proposition of building a solid foundation of financial markets and operational, model, and market conduct risk management concepts yet remaining close to the cutting edge of technology in electronic trading space.

Basic Qualifications

• Bachelor's or Master's in Computer Science, Technology, or a related field with a minimum of 2 years of relevant experience.
• Strong knowledge of Financial Markets, Products, Trading Algorithms, and their implementation in code.
• Working knowledge of data structures, algorithms, programming paradigms.
• Excellent influencing skills at all levels and the ability to develop and maintain good relationships with senior leadership, stakeholders, and colleagues.
• Self-motivated with an ability to work independently with a strong sense of ownership and accountability.

Preferred Qualifications

• Experience in development or validation of algorithmic trading models or trading software.
• Experience of working with Market conduct Risk.