Barclays VP SOR Algo Developer in New York City, New York
About Barclays Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Please visit our website here for more information.
About Barclays in the US Barclays offers corporate and investment banking and credit card services in the US. Our 10,000 US colleagues are located in offices across the country, with headquarters in New York City. In 2017, Barclays announced plans to create a world-class campus in Whippany, New Jersey, for our Technology, Operations and Functional teams in the US. Other principal locations include Delaware, Nevada, Ohio and Maine.
About Equities Electronic Trading The Electronic Trading group is responsible for handling algorithmic trading and smart routing orders for both internal (desk) flow and external client flow directly routed onto our platform. We work in concert with the ATS and external connectivity groups to deliver seamless solutions.
Role Purpose Our group supports Barclays’ Electronic Trading and Quantitative Prime Services businesses, including smart order routing, DMA, and intelligent order controls. This is a key development role in the strategic smart routing and algorithmic trading technology stack. • Assist in the design and development (as part of team) working on our new strategic smart order router and algorithmic trading platform • Add new functionality, work with the product team, and provide support on the existing LMX platform • Help to bridge market access between the strategic Cash Architecture teams and the Electronic Trading technology and business teams
Key Accountabilities The SOR/Algo development team is responsible for designing and implementing the next-generation smart order routing and algorithmic trading infrastructure, as well as working with the SMAD teams for implementation of new trading strategies. We work to integrate closely with the new strategic order management system stack, and have a very strong focus on low-latency coding and efficiency for maximum performance and best execution. • Design and develop industrial-level high-quality, low-latency smart order routing and algorithmic trading frameworks and business logic code • Comprehensive understanding of business analysis and documentation requirements • Critical understanding of the emphasis on support for failover and redundancy • Work with other teams on software integration projects and to resolve issues impacting our business • Ability to work in and influence global teams for project-oriented work • Ability to build consensus within groups to move in the strategic direction • Adhere to best practices for software development at large and those within our team • Investigate production issues and work with stakeholders to clarify requirements • Strong comprehensive skills to analyze submitted code and infer issues • Strong written and oral communications skills
Stakeholder Management and Leadership Our team works closely with the product and quant groups in design and delivery, with strong focus from the business stakeholders. • Face off to product/business representatives • Face off to market risk and compliance representatives • Face off with quant/research teams for design work • Working with Electronic Trading (primary), other Equities/Derivs trading desks (secondary)
Person Specification Basic Qualifications: • Degree in Computer Science, Engineering, or other analytical field • 6 years of Java/C and/or programming experience • 6 years experience working in high volume, real-time platforms such as algorithmic trading, automated market making, connectivity or market data ticker plants • 5 years experience in financial market with knowledge of Equities market microstructure
Preferred Qualifications: • Experience in developing high-performance smart order routing and algorithmic trading systems • Experience in developing high-performance low-latency code • Equities market structure knowledge • Strong business-level influence and communication skills • Strong interpersonal skills to lead teams on a project basis • Operational knowledge to work with the quant teams • Ability to work in a fast paced, time critical team environment • Strong problem-solving, analytical, technical, troubleshooting, and research skills • Ability to work in a fast paced, time critical team environment • Strong communication skills, both written and verbal • Self-motivated; demonstrate problem solving, solution-focused attitude • Strong ownership focus • Strong Linux skills • Strong Java skills • Strong work ethic and adherence to SDLC best practices • Ability to work within a large enterprise cooperatively, to deliver to a specific business desire while enhancing the corporate environment as a whole
Risk and Control Objective All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
Benefits Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.
Our Culture Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
Barclays is an equal opportunity employer and are opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here.
EEO Statement It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Title: VP SOR Algo Developer
Location: New York-New York City
Requisition ID: *90146204