Job ID: JOB_ID_2300
Role Overview
Nutech Systems is seeking a highly skilled and motivated Java Backend Developer to join our prestigious Market Risk Department in New York. This role is central to the development and maintenance of FRTB (Fundamental Review of the Trading Book) Risk Engines, which are critical components of the firm’s regulatory and risk management infrastructure. As a developer in this space, you will interface with various global systems to ingest valuation Greeks and risk sensitivities, ensuring that trade attributes across all asset classes are accurately processed and reported. The environment is fast-paced, data-intensive, and requires a deep understanding of both financial risk domains and high-performance computing.
Key Responsibilities
- Design, build, and integrate complex analytical systems in a multi-tier, data-centric environment.
- Collaborate within an Agile squad consisting of members in Montreal, Budapest, India, London, and New York.
- Develop new features and enhance existing Market Risk applications to meet evolving regulatory requirements.
- Implement Service Oriented Architecture (SOA) principles to ensure system scalability and maintainability.
- Optimize distributed data processing pipelines using big data technologies like Apache Spark and Greenplum.
- Work closely with business partners to translate functional requirements into technical specifications.
- Maintain high coding standards and participate in peer code reviews to ensure software quality.
- Apply DevOps practices to streamline deployment and operational efficiency.
Technical Requirements
- Minimum of 5 years of hands-on experience with Core Java, server-side Spring, and RDBMS.
- Extensive experience building distributed data processing pipelines using Apache Spark, Python, and Hive.
- Strong proficiency in object-oriented design, data structures, algorithms, and design patterns.
- Deep understanding of multi-threaded applications and hands-on experience with Java concurrency packages.
- Expertise in querying large relational databases and performing complex SQL optimization.
- Experience with Linux environments and shell scripting (Perl/Python).
- A strong culture of unit testing using Junit and other automated testing frameworks.
- Familiarity with Agile development methodologies and tools.
Professional Environment and Growth
At Nutech Systems, we believe in the fusion of technology and human ability. This position offers the opportunity to shape the technology landscape of Risk Management by introducing modern tools and processes. You will be part of a global team where clear and concise communication is a must. We value independent thinkers who can follow proper coding standards while contributing to the collective success of the squad. This role is ideal for a developer looking to deepen their expertise in financial systems and big data technologies while working on high-visibility projects that impact the firm’s regulatory standing.
Special Requirements
No C2C; W2 and 1099 only; Face to face interview required; Domain: Market Risk / FRTB.
Compensation & Location
Salary: $145,000 – $195,000 per year
Location: New York, NY
Recruiter / Company – Contact Information
Recruiter / Employer: Nutech Systems, Inc.
Email: rajeshwar@nutech-inc.com
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