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Associate Director, Senior Credit Algo eTrading Developer

RBC1 day ago
Urgently Hiring
Verified
Jersey City, New Jersey
CA$135,000 - CA$225,000/year
Senior Level
Full-time

Top Benefits

A comprehensive Total Rewards Program including bonuses and flexible benefits
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact

About the role

Job Description

What is the opportunity?

Senior Developer who will join the FIC Global Spread Products eTrading technology team. You will be responsible for the overall delivery of key strategic projects and will engage with the trading desk in all aspects of the project delivery. You will be instrumental in building the next-generation algorithmic trading infrastructure. This infrastructure supports a wide array of functions including pricing, quoting, and hedging across Request for Quote (RFQ), Portfolio, and ETF trading. This cutting-edge platform is designed to achieve ambitious goals

Doubling Capacity and Increasing Revenue: The new Algo infrastructure aims to double the number of securities we can price, with a target to boost revenue by 15%.

Scalability Across Businesses: Build a scalable infrastructure that will serve as the backbone for all three GSP businesses—Credit, Derivatives, and Municipals (Muni's).

Cost-Efficiency: Build a common infrastructure to significantly reducing the total cost of technology ownership.

Project work includes expansion of eTrading by coding new connectivity and RFQ protocols including Portfolios. Project work also includes enhancements to the auto-quoting and algo framework for pricing, offering and quoting.

Will specifically focus on engagement, framework design and development of deliverables for Credit Cash electronic trading

What will you do?

  • A Senior Developer who will join the FIC Global Spread Products eTrading technology team.
  • You will be responsible for the overall delivery of key strategic projects, and will engage with the trading desk in all aspects of the project delivery
  • You will be instrumental in building the next-generation algorithmic trading infrastructure. This infrastructure supports a wide array of functions including pricing, quoting, and hedging across Request for Quote (RFQ), Portfolio, and ETF trading. This cutting-edge platform is designed to achieve ambitious goals
  • Doubling Capacity and Increasing Revenue: The new Algo infrastructure aims to double the number of securities we can price, with a target to boost revenue by 15%.
  • Scalability Across Businesses: Build a scalable infrastructure that will serve as the backbone for all three GSP businesses—Credit, Derivatives, and Municipals (Muni's); cost-efficiency: build a common infrastructure to significantly reducing the total cost of technology ownership.
  • Project work includes expansion of eTrading by coding new connectivity and RFQ protocols including Portfolios. Project work also includes enhancements to the auto-quoting and algo framework for pricing, offering and quoting.
  • Will specifically focus on engagement, framework design and development of deliverables for Credit Cash electronic trading

What do you need to succeed?

Must have:

  • Dedicated, detail oriented, focused on quality and a team player, with effective verbal and written communications.
  • 10+ years of hands-on coding in server-side Java with strong emphasis on Java Concurrency, RX Streams, Caching (GridGain as Cache), Collections API, Messaging and Event processing across multiple streams
  • 5+ years of coding experience in multi-cast messaging (Solace / RV) along with coding with relational DB (SQL Server, Sybase, Oracle)
  • 5+ years of technical design of low latency trading application services along with Dev Ops tools (Maven, Jenkins, Nexus, Helios)
  • 2+ years of hands-on experience with cloud technologies like Docker, Kubernetes or similar

Nice-to-have:

  • 2+ years of hands-on experience with cloud technologies like Docker, Kubernetes or similar
  • Capable of managing & leading people and delivery
  • Credit Algo eTrading or other Capital Market domain knowledge/experience

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Flexible work/life balance options
  • Opportunities to do challenging work

The expected salary range for the above position is $135,000 - $225,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

· Drives RBC’s high performance culture

· Enables collective achievement of our strategic goals

· Generates sustainable shareholder returns and above market shareholder value

#LI-POST

Job Skills

Active Learning, Agile Methodology, Application Integrations, Detail-Oriented, Emerging Technologies, Enterprise Application Delivery, Group Problem Solving, Programming Languages, Software Development Life Cycle (SDLC)

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-08-05

Application Deadline:

2025-10-31

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About RBC

Banking
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Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.

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La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais

Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.

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