Software Engineer - Credit

Reposted 16 Days Ago
New York, NY, USA
In-Office
200K-200K Annually
Mid level
Fintech • Quantitative Trading
The Role
The Software Engineer will develop and maintain credit trading infrastructure, focusing on high-throughput systems and collaborating with traders and researchers.
Summary Generated by Built In

Optiver is seeking Software Engineers specializing in US corporate bond and credit derivative markets to join the greenfield buildout of our systematic credit trading business. Our Software Engineers lead large technical projects, help set the direction for our trading infrastructure, and leverage technology to enable business success.

The credit engineering team works closely with researchers and traders to design a system for trading bonds, fixed income ETFs (in close collaboration with our cash equities business), and other credit derivative products.

What you’ll do:

In this role you will be building out functionality across simulation, research, and production systems. Specifically, you will:

  • Help establish the vision and technical direction for major credit trading initiatives;

  • Design, develop, support, and maintain large portions of our credit trading infrastructure, including request for quote (RFQ) trading platforms, create/redeem platforms, portfolio trading systems, order management systems (OMS), and execution management systems (EMS);

  • Contribute to our pricing, research and trading models that power our market-making and proprietary trading strategies;

  • Collaborate deeply with traders and researchers to directly solve the trading problem and build the business;

  • Be a part of 0 to 1.

What you’ll get:

You’ll join a culture of collaboration and excellence, where you’ll be surrounded by curious thinkers and creative problem solvers. Motivated by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle the toughest problems in the financial markets.

In addition, you’ll receive:

  • The opportunity to work alongside best-in-class professionals from over 40 different countries;

  • Highly competitive compensation package;

  • Global profit-sharing pool and performance-based bonus structure;
  • Ownership over initiatives that directly solve business problems;

  • 401(k) match up to 50% and fully paid health insurance;

  • 25 paid vacation days alongside market holidays;

  • Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sporting leagues and more.

Who you are:

  • Strong engineering instincts and a deep understanding of computer science fundamentals;

  • Programming experience across C++ or C with other object-oriented languages also considered;

  • Experience optimizing high-throughput systems that must process and react in real-time to streams of pricing and trade data;

  • Familiarity with the market microstructure and trading domain for US corporate credit markets, fixed income ETFs, and/or credit derivatives (CDS, CDX indices);

  • Experience with connectivity to electronic trading venues and FIX protocol for credit markets;

  • Readiness to set technical direction, promote strong engineering principles and continuously seek ways to refine and optimize systems in a fast-moving, ever evolving environment;

  • You can spot opportunities to enhance performance, efficiency, and maintainability;

  • Excellent communication skills and the ability to work effectively in a fast-paced, collaborative environment with traders, researchers, and other technologists.


Who we are

At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilising the market no matter the conditions. With a focus on continuous improvement, we prioritise safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.

We pride ourselves on being real engineers, not just coders. Our engineers work closely with traders to identify the business problems we face and determine how they should be solved. We apply a disciplined and scientific approach. We engineer simple, well-architected solutions that meet the dynamic needs of our traders. Our passion is to solve problems which really matter to the business, and we take pride in the quality of our solutions.

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.


Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus (if determined by Optiver) and Optiver’s benefits package with the benefits listed above.

Base Salary Range
$200,000$200,000 USD

Skills Required

  • Strong engineering instincts and understanding of computer science fundamentals
  • Programming experience in C++ or C
  • Experience optimizing high-throughput systems
  • Familiarity with market microstructure for US corporate credit markets
  • Experience with electronic trading venues and FIX protocol
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The Company
HQ: Chicago, IL
1,600 Employees
Year Founded: 1986

What We Do

Optiver’s story began over 30 years ago, when we started business as a single trader on the floor of Amsterdam’s options exchange. Today, we are at the forefront of trading and technology as a leading global electronic market maker, focused on pricing, execution and risk management.

Why Work With Us

People at Optiver love challenges, welcome collaboration, and strive to be better tomorrow than they are today. Improving the market is an extraordinary challenge that requires a carefully crafted approach. Optiver provides a collaborative working environment to tackle these challenges. In fact, it is this way of working that sets us apart.

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