Front Office Developer - Automatic Trading on SFS, 1D & Equity Derivatives (Associate), SG Securities India (Mumbai)

Permanent contract|Mumbai|IT (Information Technology)

Front Office Developer - Automatic Trading on SFS, 1D & Equity Derivatives (Associate), SG Securities India (Mumbai)

  • Mumbai, India
  • Permanent contract
  • IT (Information Technology)


Job Summary :-

By joining the “Electronic Market Making” entity, you will work in a multi-cultural environment, fostering work/life balance. You will join a fast-growing team, encouraging exploration and implementation of cutting-edge technologies and ideas, with a flat management structure.

Main mission is to implement and support automatic trading software solutions for 2 business lines: SFS/1D swap trading business, as well as the algo execution for futures trading. The candidate will initially focus more on SFS/1D swap trading, and later on be trained on both streams. The candidate will work closely with other algo developers and the traders on a daily basis.

 Main Responsibilities :

1.    Development & Backtest
•    Gather user requirements
•    Design software solutions which will match traders’ needs, taking into account cost and delays constraints, agreed with both IT management and head of desk.
•    Be proactive by proposing enhancements from which the business/IT can benefit
•    Implement, test and deploy the software solution within agreed constraints and existing code
•    Improve the backtest framework
•    Study new indicators and strategy & IT requests (understand user needs, suggest solutions, etc.)
•    Launch backtest and analyze results with trader
•    Improve the quality of backtest engine to better reflect production behavior

2.    Handle level 1&2 support on implemented solutions
•    Provide a good reactivity in case of incidents
•    Implement the tools necessary for production follow-up, in order to anticipate and detect potential technical issues

3.    The candidate will need to work very closely with various teams:
•    Liaise & interact with worldwide team members (developers working on the same platform in Paris/NYC)
•    Front Office in Asia who will provide the functional guidelines
•    In house IT market access teams (dev and support) in charge of the market connectivity

Profile required

Academic Background (degree and major):- University degree with a post graduate degree being advantageous

  Relevant Working Experience in number of years:- 

  • 6+ years of experience as a developer, familiar with object- oriented designs and common patterns.
  • Memory/CPU profiling and multithreaded debugging experience.
  • Experience on trading algorithm/strategies

Skills & Competencies required:-

Technical skills:- 

•    Strong knowledge in C#/.Net and ideally some C++ as well but willingness to work with both.
•    Good knowledge of Windows environment as a production platform, Linux is a plus.
•    Good knowledge of tcp/ip networking and electronic exchanges APIs or specificities is a plus
•    Memory/cpu profiling/optimization and multithreaded debugging experience

Functional knowledge:-

A good experience is necessary on following aspects:
•    Stock/Future/Index products (2-3 years minimum)
•    Manual or automatic trading applications in C++, Java or C#
•    Backtesting trading strategy principles is a plus
•    Wide knowledge of equity/equity derivatives electronic exchanges in AsiaPac is a plus
•    Experience of electronic market accesses, market data or real time applications in C# or C++ is a plus

Behavioral Skills:

•    Client Focus & risk
•    Team Spirit – building synergies
•    Innovation (Thinking out of the box/Creativity and Technology)
•    Commitment – sustainability
•    Ability to work in a challenging environment
•    Critical thinking skills
•    Taking initiatives

Language :- English

Business insight

Societe Generale Securities India Pvt. Ltd. (SGSI) is the stock-broking arm of Societe Generale Group (SG Group) and was one of the earliest foreign brokers to enter India. SGSI started with a representative office in 1994 and established a full-fledged presence by 1995. 
SGSI is a Securities and Exchange Board of India (SEBI) registered Stock Broker with Trading and Clearing Membership and obtained membership of Stock Exchanges (National Stock Exchange, Bombay Stock Exchange and Metropolitan Stock Exchange) to provide services in various segments (Cash Equities, F&O, Currency & Debt) of Stock Exchange. The Company has been active in the Stock Market since 1997. 
SGSI is managed by a team of professionals /specialists in the broking business. The Company has a dedicated team of specialist dealers & traders to cater to the needs of institutional clients. 
The Company has established itself as a premium player in the institutional segment where quality service and best technology combined with best possible execution and clearing services. The Company aims to specialize and develop capabilities in providing best quality execution and clearing services to its clients.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000RRZ
Entity: Societe Generale Securities India Pvt. Ltd.
Starting date: immediate
Publication date: 2023/07/03