Senior Backend Developer - Derivatives

Ridik Pte Ltd — Singapore · Posted ~11 hours ago

Senior

Skills

backend development financial derivatives options swaps forwards exotic options structured products trading systems risk systems scalable software gRPC AWS Azure GCP backend systems

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Summary ✨ AI‑Generated

Join a financial technology team as a Senior Backend Developer responsible for building and maintaining fast, reliable, scalable systems for complex financial instruments. You will translate trading and risk requirements into software and work closely with traders and risk professionals. The role requires 10+ years of backend development experience and 3–5 years specifically in derivatives.

Highlights

Senior backend role focused on sophisticated financial systems, combining software engineering with deep derivatives-domain expertise and direct collaboration with trading and risk functions.

Description

Role: Senior Backend Developer - Derivatives Domain Location: MBFC Experience: 10+ Years Total (3–5 years specifically in Derivatives) 1. The Core Mission You will build and maintain the backend systems that handle complex financial instruments. Your main goal is to translate trading and risk business rules into fast, reliable, and scalable software. You will act as the bridge between the engineering team and the traders/risk managers. 2. Must-Have Experience (Non-Negotiable) General Coding: 10+ years of professional backend development experience.Derivatives Domain: 3–5 years of hands-on work in financial derivatives.Product Knowledge: You must understand these specific products:Vanilla Options: Calls and Puts.Strategies: Spreads, combinations, volatility plays.OTC Derivatives: Swaps, forwards, exotic options.Structured Products: Capital-protected notes, yield enhancers, etc.Industry Background: Experience in banking, capital markets, or tier-1 financial institutions.Scale: Proven track record of delivering large-scale enterprise applications in production. 3. What You Will Actually Do A. Backend Engineering & Data Design databases and data models that can handle complex financial instruments, trades, and cash flows.Build high-performance APIs (REST/gRPC) for trading platforms, market data, and risk systems.Create event-driven architectures for real-time trade processing.Ensure data integrity and system performance. B. Derivatives Logic Implementation Translate financial requirements into code.Implement pricing models and calculate "Greeks" (Delta, Gamma, Vega, Theta, Rho).Build systems for the full trade lifecycle: booking, validation, settlement, and reconciliation.Handle regulatory reporting (MAS, EMIR, Dodd-Frank).Integrate with market data providers and clearing houses. C. Leadership & Collaboration Work closely with Quants, Traders, and Risk Managers to ensure the tech matches business needs.Mentor junior developers.Participate in Agile ceremonies (sprints, stand-ups).Help with cloud deployment (AWS/Azure/GCP) and production support.