CIBC

US Treasury E Trading Development Lead (FICC)

New York, NY Full time

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

STRATEGIC BUSINESS UNIT DESCRIPTION

The FICC (Fixed Income, Currencies, and Commodities) eTrading Technology Team is dedicated to delivering innovative, high-performance technology solutions that enable efficient, secure, and scalable electronic trading across global fixed income, currency, and commodity markets. The team partners closely with trading, sales, and risk management functions to develop and support electronic trading platforms, pricing engines, and market connectivity solutions. By leveraging advanced technologies and deep market expertise, the FICC eTrading Technology Team drives business growth, enhances client experience, and ensures the bank remains at the forefront of electronic trading innovation.

JOB PURPOSE 

The E-FI Lead Java Developer will be responsible for designing, developing, and maintaining high-performance electronic US Treasury/Rates trading systems. This role combines deep technical expertise in Java with a solid understanding of Fixed Income markets to deliver reliable, scalable, and low-latency solutions that support the bank’s trading and risk management objectives. The successful candidate will work closely with traders, business analysts, and technology teams to deliver innovative solutions that enhance trading capabilities, ensure regulatory compliance, and drive business growth.

KEY ACCOUNTABILITIES

Technical Leadership:

Provide technical direction and mentorship to the development team, ensuring best practices in software design, coding standards, and architectural decisions.


Development Contribution:

Hands-on development to contribute directly to the pipeline as well as iterating on POC and rapid development

Solution Delivery:

Oversee the end-to-end delivery of robust, scalable, and low-latency eTrading solutions, ensuring alignment with business objectives and regulatory requirements.

Stakeholder Collaboration:

Work closely with traders, business analysts, product owners, and other technology teams to gather requirements, clarify objectives, and deliver fit-for-purpose solutions.

Code Quality & Review:

Drive a culture of code excellence through regular code reviews, automated testing, and continuous integration, ensuring maintainability and reliability. Innovation & Continuous Improvement:

Identify and implement opportunities to improve system performance, reliability, and scalability. Stay abreast of industry trends and emerging technologies.

Risk & Compliance:

Ensure all solutions comply with internal risk management policies, security standards, and regulatory requirements.

Incident Management & Support:

Lead the resolution of high-impact production issues, perform root cause analysis, and implement long-term fixes to prevent recurrence.

Project Planning:

Contribute to project planning, estimation, and resource allocation to ensure timely and successful delivery of initiatives.

CROSS-FUNCTIONAL RELATIONSHIPS

Trading Desk:

Collaborate closely with traders to understand business requirements, trading strategies, and operational needs.

Product Management:

Partner with product managers to prioritize features, align technology solutions with business goals, and deliver value to clients.

Business Analysts:

Work with business analysts to clarify requirements, assess feasibility, and translate business needs into technical specifications.

Risk & Compliance Teams:

Coordinate with risk management and compliance teams to ensure all solutions adhere to internal policies and regulatory standards.

Quality Assurance (QA):

Engage with QA teams to develop and execute comprehensive testing strategies, ensuring system reliability and performance.

Infrastructure & DevOps:

Collaborate with infrastructure and DevOps teams to optimize deployment pipelines, automate processes, and ensure system scalability and resilience.

Support & Operations:

Work with production support and operations teams to manage incident resolution, monitor system health, and implement improvements.

Other Technology Teams:

Partner with other technology groups (e.g., data, security, client connectivity) to deliver integrated, end-to-end solutions.

JOB DIMENSIONS

  • Lead development streams of work and interact with global team members
  • Own and be accountable for various streams of work from feature development, enhancements to production fix
  • Inform and solicit feedback for design and architecture, incorporating resiliency and high availability
  • Interface regularly with technology and business stakeholders

KNOWLEDGE AND SKILLS

  • Java (Core & Advanced): Strong proficiency in Java, including multi-threading, collections, and concurrency.
  • FI Trading Systems: Experience developing, maintaining, or supporting electronic foreign exchange (E-FI) trading platforms.
  • Messaging Protocols: Familiarity with FIX protocol, MQ, JMS, or similar messaging solutions.
  • API Development: Experience with RESTful and/or SOAP web services.
  • Low Latency Programming: Understanding of techniques for minimizing latency in trading applications.
  • Spring Framework: Proficiency with Spring Boot, Spring MVC, and related technologies.
  • Database Technologies: Strong SQL skills; experience with relational databases (e.g., Oracle, SQL Server, PostgreSQL) and/or NoSQL solutions.
  • Distributed Systems: Understanding of distributed computing concepts and technologies (e.g., microservices, caching, clustering).
  • Testing Frameworks: Experience with JUnit, Mockito, or similar testing tools.
  • CI/CD: Familiarity with continuous integration and deployment tools (e.g., Jenkins, TeamCity, Git)

Doman Knowledge:

  • Fixed Income Markets: Solid understanding of Rates products, trading lifecycle, and market conventions.
  • Order Management: Knowledge of order routing, execution, and trade booking flows.
  • Risk Management: Familiarity with pre-trade and post-trade risk controls in electronic trading

Soft Skills:

  • Analytical Thinking: Strong problem-solving and analytical abilities.
  • Communication: Excellent verbal and written communication skills; ability to collaborate with traders, business analysts, and other developers.
  • Agility: Ability to work in a fast-paced, dynamic environment with changing priorities.
  • Teamwork: Experience working in Agile/Scrum teams.

WORKING CONDITIONS

  • Hybrid

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $175,000 - $225,000for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

NY-300 Madison Ave., 5th Floor

Employment Type

Regular

Weekly Hours

40

Skills

Application Development, Coaching, Decision Making, Enterprise Technologies, Leadership, Production Support, Project Management, Solutions Design, Stakeholder Management, Technical Architecture